$400,000
$650,000
38.5%For more information regarding the value of a property, please contact us for a free consultation.
111 N MORTON AVE Morton, PA 19070
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001646774
Sold Date 07/09/18
HOA Y/N N
Originating Board TREND
Year Built 2018
Annual Tax Amount $16,900
Tax Year 2018
Lot Dimensions 0X0
Property Description
Cap rate of 10.5% with this rare & hard to find +/- 9,500 SF Mixed Use Building. 5 separate residential apartments, 5 separate storage garages/parking, and 3 mixed use office/shops. There is also a coin operated laundry facility that generates income. Conveniently located to transportation, close to I95, I476, RT202, Center City Philadelphia, Philadelphia International Airport, shopping, recreational activities schools and much more.
Location
State PA
County Delaware
Area Morton Boro (10429)
Zoning COM
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil
Flooring Tile/Brick, Wood, Carpet, Heavy Duty, Laminated
Fireplace N
Heat Source Oil
Exterior
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Building Description Paneled Walls,Other, Private Restrooms,Auto Bay,Clear Span
Sewer Public Sewer
Water Public
Structure Type Paneled Walls,Other
New Construction N
Schools
School District Springfield
Others
Tax ID 29-00-00413-00
Ownership Fee Simple
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Bought with Evans C Zografakis • RE/MAX Preferred - Newtown Square