Investments Sales Management

Colonial

703 CLIFTON AVENUE

COLLINGDALE , PA 19023

MLS#: PADE2106428

$399,900

Status: Active
Listing number: PADE2106428
Listing provided by: BHHS Fox & Roach-Media
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

2,758

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2758.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Brick

  • Parking

    Driveway

  • Patio and Porch Features

    Porch, Deck

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.24

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $399,900

  • Tax Amount

    7361.0

  • Sq. Footage

    2, 758

  • Price/SqFt

    $144

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    160-000

  • Water Source

    Public

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Listing Courtesy of Matthew Russo , BHHS Fox & Roach-Media

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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.

703 CLIFTON AVENUE

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