$ 399,900
-
$399,900
Price -
4
Bed -
0
Bath -
2,758
SqFt
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About the Listing 61027 - 3118605
Excellent opportunity to own a well-maintained triplex on a large corner lot in Collingdale, offering strong income potential and attractive investment returns. This classic colonial-style multi-unit property features three separately metered units, with all utilities including water separated and serviced by natural gas. The first-floor unit is a standout: a large, spacious two-bedroom apartment featuring a newly renovated kitchen, two fireplaces, a coal stove, and in-unit washer and dryer facilities. This unit offers a generous layout with a living room, over sized eat-in kitchen, large dining area, center hall bath, and two well-sized bedrooms. The second-floor unit is a one-bedroom apartment (currently occupied) with a large living room, eat-in kitchen, center hall bath, and a generously sized bedroom. The third-floor unit is also a one-bedroom apartment, featuring a living room, office area, eat-in kitchen, and a large bedroom—ideal for tenants seeking flexible living space. The basement is accessible through the first-floor unit and houses all heaters, hot water heaters, and electrical panels. Additional highlights include an over sized two-car garage with potential for additional rental income, ample street parking, and a property that has been well cared for throughout. Based on current income figures, a cash purchase reflects an approximate 9.2% ROI, while a financed purchase using leverage may yield an estimated 13.5% cash-on-cash return. A rare opportunity to acquire a solid multi-unit investment with upside potential.
Listing Highlights
Status
Active With Contingency
Days on Site
20
Property Type
Multi-Family
MLS ®
PADE2106428
Year Built
1940
Total Square Footage
2,758
Lot/Acreage
0.24
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Baseboard - Hot Water
- Fireplaces: 1, 1 Fireplace
- Floor:
- Above Ground Sq Ft: 2758
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other: Carpet
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 78.70 x 136.68
- Zoning: RESIDENTIAL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $7,361
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
703 Clifton Ave Collingdale, PA 19023
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