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Sold

449-449 SHARON AVE

449 SHARON AVENUE, SHARON HILL, PA 19079

$560,000
Incredible Value add Opportunity!  Well maintained property, with rents that have not been raised in more than 10 years. Listing includes 2 building: 447-449 Sharon Ave is a 7 unit building and 443 Sharon Ave is another apartment with a garage. Six of Eight units are occupied, upgrades have been done throughout the property separate  heaters in each unit, new roof, new dishwashers, refinished hardwood floors and separate meters.  Walking distance to the Septa train station right into Center City Philly, the airport or Wilmington.  Rents are low and over time could be raised 30%.  Fully rented at market rent this cash cow will net $60,000 after expenses. Total expenses are less than $1700/mo.

5,814 Sq.Ft. LIVING AREA


Features & Amenities

Area & Lot

  • Status Sold
  • Living Area5,814 Sq.Ft.
  • MLS IDPADE528380
  • TypeCOMMERCIAL
  • YEAR BUILT1900
  • School DistrictSOUTHEAST DELCO

Exterior

  • water SourcePublic
  • roofShingle
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral A/C
  • sewerPublic Sewer
  • SubstructureBrick

Financial

  • Sales Price$560,000
  • Real Estate Tax $6,465
  • Zoning C-30

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