400 5th Street
Colwyn, PA 19023
MLS #7031640

Multi-Family
  • 9units
  • 9beds
  • 9baths
  • 0.63acres
ACTIVE $1,035,000
Est. P&I payment: $3953/mo
400 5th Street, Colwyn, PA 19023
  • 400 5th Street, Colwyn, PA 19023 Photo 1
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  • 400 5th Street, Colwyn, PA 19023 Photo 9
  • 400 5th Street, Colwyn, PA 19023 Photo 10
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Description for 400 5th Street, Colwyn, PA 19023
This three story 23 unit in Colwyn, PA is an excellent income producing property with a high ceiling for value add potential. Property is 1/3 renovated with improvements that include major mechanical and cosmetic overhauls. New low flow toilet mechanicals, new boiler system, renovated bathrooms, new security system, new carpets, new tile flooring, new kitchen and bath fixtures, and new cabinetry are just some of the improvements to the property. Currently, there are no capital expense projects on the horizon as there are no issues with the roof (a-frame asphalt shingle), structure (brick), or mechanicals (boilers/pumps/sprinkler).One of the two boilers has been replaced within the past two years and the other has received all-new parts. New auxiliary heating and cooling units have recently been installed in each unit to provide tenants with additional low- cost climate control (separately metered through their electric service.
MLS #7031640
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My Notes for MLS #7031640

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: AptBldg,​GardnApt
  • Land Square Feet: 27,443
  • Total Units: 9
  • Property Age: 30
  • County: DELAWARE
  • Subdivision: COLWICK

Exterior Features

  • Water Front: N
  • Exterior: Brick
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: ParkingLot

Interior Features

  • Basement: Y
  • Basement Type: Full
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Baths Full Unit 3: 1
  • Beds Unit 3: 1
  • Beds Unit 4: 1
  • Baths Full Unit 4: 1
  • Baths Full Unit 5: 1
  • Beds Unit 5: 1
  • Baths Full Unit 6: 1
  • Beds Unit 6: 1
  • Baths Full Unit 7: 1
  • Beds Unit 7: 1
  • Baths Full Unit8: 1
  • Beds Unit 8: 1
  • Baths Full Unit 9: 1
  • Beds Unit 9: 1

Utilities Features

  • Central Air: N

Financial Features

  • Annual Other Expense: 65,740
  • Tax Year: 2017
  • Total Assessment: 460,000
  • Total Taxes: 34,874

School Features

  • School District: William Penn

Miscellaneous Features

  • New Construction: N
  • Type: SingleBldg

Location

 
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The listing information for 400 5th Street, Colwyn, PA 19023 was graciously provided by our friends at the listing brokerage, KW Commercial

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P&I Payment $3953
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Last Updated 12/15/2017 at 4:11pm
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