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Key Details
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,793 sqft
Price per Sqft $155
MLS Listing ID PADE2076020
Sold Date 11/15/24
Style Traditional
Abv Grd Liv Area 2,793
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $8,302
Tax Year 2024
Lot Size 7,579 Sqft
Acres 0.17
Descripción de la propiedad
Imagine owning a property that not only offers immediate rental income but also sits in one of Glenolden’s most sought-after locations. Welcome to 220 S Scott Ave, a beautifully maintained triplex that presents an ideal opportunity for any savvy investor or owner-occupier looking to maximize their real estate portfolio.
As you step onto this well-kept street, it’s easy to see the appeal of this neighborhood. Pristine, tree-lined, and peaceful, with convenient access to local schools, parks, shopping, and the beloved Wawa, this property is perfectly situated. The accessibility to major roadways ensures that tenants will have an easy commute, while the quiet charm of the area makes it an attractive place to call home.
Inside, the triplex unfolds into three distinct and spacious units, each offering its own unique character and updates. The first-floor unit is the largest, boasting three generous bedrooms and a newly renovated kitchen and bath, complete with real tile floors. Picture your tenants enjoying a sunny afternoon on the freshly painted private deck, or the convenience of having direct access to the basement’s washer and dryer. With a spacious dining area, a large kitchen, and a bright living room, this unit offers both space and comfort.
Moving upstairs, the second-floor unit offers a welcoming layout with high ceilings, two bedrooms, and a well-appointed bathroom. The kitchen is functional and inviting, while the living room is spacious enough to accommodate any tenant’s needs. This unit, like the others, has been carefully updated, offering modern conveniences in a timeless setting.
At the top, the third-floor unit has been thoroughly transformed with modern touches. Imagine renters enjoying the sleek laminate and tile flooring, the fully updated kitchen with new appliances, and a luxurious multi-jet shower. They’ll also have access to an outdoor patio via the recently painted fire escape, a perfect spot to relax and take in the view. This cozy one-bedroom unit provides an attractive living space for someone seeking a blend of modern amenities and charm.
As an investor, you’ll also appreciate the many updates that make this property a sound purchase. The recently paved driveway offers plenty of parking for tenants, while the three-car detached garage with its new roof provides additional rental income. With three new hot water heaters, separate electric meters for each unit, a well-maintained boiler system, and newly painted deck, the property is not only efficient but easy to manage. Plus, the brand-new oil tank installed in 2019 ensures reliable heating, while the waterproofed basement with two washer/dryer hookups adds even more convenience for your tenants.
This property is fully rented on yearly leases, providing immediate cash flow for the next owner. As the current owner covers water, property taxes, common area electric, and oil heating cost. Tenants pay for their own electric to enjoy comfortable living spaces without additional utilities to worry about, while you benefit from stable, predictable income.
220 S Scott Ave offers a rare combination of charm, location, and financial opportunity. With low maintenance costs and a move-in-ready setup, this triplex is an investment that practically manages itself. Schedule your appointment today, and envision the possibilities this property could bring to your portfolio.
Location
State PA
County Delaware
Area Glenolden Boro (10421)
Zoning RESIDENTIAL
Rooms
Basement Full, Interior Access, Outside Entrance, Sump Pump, Water Proofing System
Interior
Interior Features Carpet, Cedar Closet(s), Ceiling Fan(s), Floor Plan - Traditional, Wood Floors
Hot Water Electric
Heating Hot Water
Cooling None
Flooring Hardwood, Carpet, Tile/Brick
Fireplace N
Heat Source Oil, Natural Gas Available
Exterior
Exterior Feature Deck(s), Balcony
Parking Features Garage - Rear Entry, Garage Door Opener
Garage Spaces 8.0
Utilities Available Natural Gas Available
Water Access N
View Garden/Lawn, Street, Trees/Woods
Roof Type Architectural Shingle
Street Surface Paved
Accessibility None
Porch Deck(s), Balcony
Road Frontage Boro/Township
Total Parking Spaces 8
Garage Y
Building
Foundation Brick/Mortar, Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
High Schools Interboro
School District Interboro
Others
Tax ID 21-00-01776-00
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Exterior Cameras,Security System,Surveillance Sys,Smoke Detector,Fire Detection System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Ben Slater • RE/MAX Preferred - Newtown Square