703 Clifton Avenue, Collingdale PA 19023 (Off Market)

For Sale, USD 399,900


703 Clifton Avenue, Collingdale PA 19023,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,758 ft² / 256 m²

Land Size : N/A

Bedroom : 4

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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.
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703 Clifton Avenue, Collingdale PA 19023, United States,Pennsylvania,Collingdale is a 2,758ft² Collingdale luxury Multi-Family Home listed for sale USD 399,900. This high end Collingdale Multi-Family Home is comprised of 4 bedrooms and 0 baths. Find more luxury properties in Collingdale or search for luxury properties for sale in Collingdale.