13-15 S Chester Road, Swarthmore, PA 19081-1718 $1,795,000
Interior Sq. Ft: 5,580
Acreage: 0.18
Age:124 years
Taxes: $31,447
Subdivision: Swarthmore
Design/Type:
Detached
Description
Prime Investment Opportunity in the Heart of Swarthmore ! Welcome to 13-15 South Chester Road, a prestigious 4-unit apartment building with 2 commercial spaces located in the bustling commercial district of Swarthmore. This unique property offers an exceptional investment opportunity with its prime location, potential for additional rental income, and recent upgrades. Each of the four one-bedroom, one-bathroom units offers a desirable layout with functional kitchens, full baths with tubs, ample closet space and wonderful location, providing residents with comfortable and practical living spaces. With stable annual leases for the residential units, this property offers a reliable income stream for investors. Two street-level commercial spaces provide an ideal opportunity for businesses to thrive in a vibrant and high-traffic area. Brooklyn Exotics has a large store front, plus several storage rooms in the back, along with full bath and internal basement access. Pilates Connexion has beautifully set up main space, 2 baths, and external basement access. Please note that commercial spaces have potential to be joined as one large space totaling 3090 sq.ft. Currently, all units are occupied, showcasing the property's attractiveness to long-term tenants. In the bustling downtown area of Swarthmore, where parking can often be a challenge, this property stands out with its offering of private assigned parking for each unit. Residents can enjoy the convenience and peace of mind that comes with having dedicated parking spaces, ensuring easy access and alleviating the typical parking concerns associated with downtown living. There is also potential with unused space on the third floor ( approx 2/3 size of 2nd floor footage) with possible expanding the rental portfolio and increasing revenue. Buyer will have to go thru approval and obtain permits from Township. - New Underground Sewage System ( August 2023): A recent upgrade to the building's infrastructure ensures modern functionality and peace of mind for both residents and commercial tenants. - Detailed income and expense information is available for review, providing transparency and confidence for potential investors. Location is a prime, across from the Swarthmore train station, as well as from prestigious Swarthmore College campus. Contact us today to learn more about this prime property and take the next step towards securing a valuable asset in a thriving community.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, Electric Available, Natural Gas Available, Phone Available, Water Available
Garage/Parking
Off Street, Parking Lot, Assigned Parking, Paved Parking, Private Parking
Interior
Basement Drainage System, Interior Access Basement, Outside Entrance Basement, Rear Entrance Basement, Basement Sump Pump, Basement Walkout Stairs, Carpet Flooring, Laminated Flooring, Plaster Walls, Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector
Exterior
Stone Foundation, Flat Roof, Pitched Roof, Brick Exterior, Exterior Lighting, Fire Escape, Sidewalks, Street Lights
Lot
Downtown, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (48 schools)
Public Middle (8 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Strath Haven Middle School | Wallingford-Swarthmore School District | 6–8 | Wallingford | 1.14 mi |
Richardson Middle School | Springfield School District | 6–8 | Springfield | 1.65 mi |
Ridley Middle School | Ridley School District | 6–8 | Ridley Park | 1.91 mi |
Toby Farms Intermediate School | Chester-Upland School District | 4–8 | Chester | 3.7 mi |
Springton Lake Middle School | Rose Tree Media School District | 6–8 | Media | 3.72 mi |
Paxon Hollow Middle School | Marple Newtown School District | 6–8 | Broomall | 3.92 mi |
Northley Middle School | Penn-Delco School District | 6–8 | Aston | 4.36 mi |
Drexel Hill Middle School | Upper Darby School District | 6–8 | Drexel Hill | 4.74 mi |
Public High (10 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Ridley High School | Ridley School District | 9–12 | Folsom | 1.06 mi |
Strath Haven High School | Wallingford-Swarthmore School District | 9–12 | Wallingford | 1.23 mi |
Springfield High School | Springfield School District | 9–12 | Springfield | 1.97 mi |
Interboro Senior High School | Interboro School District | 9–12 | Prospect Park | 2.45 mi |
Chester High School | Chester-Upland School District | 9–12 | Chester | 3.63 mi |
Delaware County Technical High School-Fo | Delaware County Technical High School | 9–12 | Folcroft | 3.83 mi |
STEM at Showalter | Chester-Upland School District | 7–12 | Chester | 3.99 mi |
Academy Park High School | Southeast Delco School District | 9–12 | Sharon Hill | 4.4 mi |
Penncrest High School | Rose Tree Media School District | 9–12 | Media | 4.56 mi |
Sun Valley High School | Penn-Delco School District | 9–12 | Aston | 4.59 mi |
Private (46 schools)
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Swarthmore (19081), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 26
- Average salary of people in this community: $73,830
Community Summary
- Population Density (ppl / mile): 4,442
- Household Size (ppl): 2.53
- Households w/ Children: 63%
Housing Inventory
- Owned: 2,768 (77.1%)
- Rented: 608 (16.9%)
- Vacant: 215 (6.0%)
- Total: 3,591
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.7%
- Some High School: 0.6%
- High School Graduate: 21.8%
- Some College: 9.5%
- Associate Degree: 6.3%
- Bachelor's Degree: 29.3%
- Graduate Degree: 31.7%
Income by dollar range
Median Income: $93,986
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $724
- One Bedroom: $879
- Two Bedroom: $1,378
- Four Bedroom: $2,656
© 2024 LiveBy. All Rights Reserved.
Contact Information
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Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, marianne.dillon@compass.com
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Listing data as of 5/05/2024.