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Key Details
Sold Price $297,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,715 sqft
Price per Sqft $173
MLS Listing ID PADE2028960
Sold Date 08/05/22
Style Traditional
Abv Grd Liv Area 1,715
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $5,879
Tax Year 2021
Lot Size 7,841 Sqft
Acres 0.18
Lot Dimensions 50.00 x 160.00
Property Description
Here is your rare chance to own a detached, purpose built duplex money making machine. 216 W Magnolia is fully leased and smoothly operating and is a great addition to your portfolio. Featuring two units both with 2 bedrooms and 1 baths and a traditional layout, you won't want to miss this one! Both units have separate electric, water heaters and gas furnace and air conditioning units. The basement level is finished and largely above grade and as such provides a ton of upside to expand. This space would be perfect for a 3rd unit or expansion of the 1st floor unit into a larger space and already features a kitchen and a separate back room. Buyers should conduct their own due diligence on this space for potential uses. Both of the units have nice outdoor living space including a sizeable rear wood deck for Unit 1 and a nice front balcony for Unit 2! There is plenty of parking both on street and in the rear parking area, as well as a nice flat, secluded grassy area for outdoor fun or even a storage shed or garage to be utilized! Both units are leased on annual leases and in good standing.
Location
State PA
County Delaware
Area Aldan Boro (10401)
Zoning R-20
Rooms
Basement Full, Fully Finished, Interior Access, Outside Entrance, Walkout Level
Interior
Interior Features Ceiling Fan(s), Carpet, Combination Dining/Living
Hot Water Natural Gas
Cooling Central A/C
Flooring Carpet, Luxury Vinyl Plank, Tile/Brick
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s)
Garage Spaces 6.0
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Porch Deck(s)
Parking Type Driveway, Off Street, On Street
Total Parking Spaces 6
Garage N
Building
Lot Description Rear Yard
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Penn Wood
School District William Penn
Others
Tax ID 01-00-00652-01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with John Knisely • Keller Williams Real Estate - Media
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