MLS® ID: PADE437338
505 PHILMAR COURT
SPRINGFIELD, Pennsylvania, 19064 $549,900
Beautifully maintained 4 Unit Rental Property in Springfield PA of Delaware County. This rarely offered property has been occupied by its owners for several years with many upgrades conducted throughout. Property offers 4 Units with 2 bedrooms and 1 bath in each unit. All utilities are separated but owners pay water/sewer. 4 total garages with inside access, Cul-de-Sac Street, basement storage available to each tenant and 4 washers/dryers for each individual units use. 4 separate Gas heaters and 4 gas water heaters. All units (expect one) have baseboard hot water heat. One of the Owner~s suite has converted to 3 Individual ~Slim Jim~ HVAC systems creating separate zones for heating/cooling. Kitchens have been updated in each unit plus the UNIT C has additional upgrades with including Granite Counter tops, Soft closing cabinets/Drawers also updated 3 piece bath with tile flooring plus new vanity. UNIT A had the Bathroom updated as well with a walk-in Tub/Shower and tiled floors. The owners currently occupy units B and C. They will vacate their units at time of sale or will consider a short term lease. UNIT D is on a month-month lease while UNIT A has a lease in effect until December 2019. Rents in the area range from 1150 ~ 1250. The current rental income is low because it has always been rented to Family members. Very nice property with several upgrades throughout. Great Investment opportunity. Schedule your tour soon.