2,812 SqFt
2,812 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,812 sqft
Price per Sqft $318
MLS Listing ID PADE2087400
Style Colonial
Abv Grd Liv Area 2,812
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $8,159
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 120.00
Property Sub-Type Detached
Property Description
Units B and D (Right side of building top and bottom) are currently available for showings. Unit B (Lower level)has been fully renovated with high-end finishes, including recessed lighting, modern flooring, granite countertops, shaker-style cabinets, and a beautifully tiled bathroom. The owner spared no expense, creating one of the most attractive rental units in all of downtown Media. Unit D(Upper Level), reflects the same layout and aesthetic as Units A and C.
Over the past year, the owners have invested in updating the common areas and replacing windows throughout the building. All utilities are separated—electric, water, heating, and hot water—giving tenants full responsibility for their own usage and keeping ownership expenses low. Each unit is equipped with individual washer and dryer hookups; tenants supply their own machines to further minimize maintenance costs. There's also a basement with additional storage space that has not yet been utilized—presenting a clear opportunity for added revenue.
The rear lot, while currently used as a casual gathering space for tenants, holds untapped potential. Whether used for parking or future development, its intrinsic value offers flexibility for the next owner. Rents are outlined in the attached pro forma, and there is room for upward adjustment, making this a strong value-add investment.
**As an added bonus, the listing agent is also the current property manager and is offering two months of complimentary management services to the new owner. This ensures a smooth transition and expert support from day one.**
Location
State PA
County Delaware
Area Media Boro (10426)
Zoning PLEASE REFER TO ECODES360
Rooms
Basement Full, Walkout Stairs
Interior
Interior Features Carpet, Combination Dining/Living, Floor Plan - Open, Recessed Lighting
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Carpet, Hardwood, Luxury Vinyl Plank
Inclusions All appliances in unit
Equipment Refrigerator, Stove, Water Heater
Fireplace N
Appliance Refrigerator, Stove, Water Heater
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Block Walls
New Construction N
Schools
School District Rose Tree Media
Others
Tax ID 26-00-01492-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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