3554-3556 Woodcrest Ave,NEWTOWN SQUARE, PA 19073
NEWTOWN SQUARE, PA 19073
Description
Updated Newtown Square Duplex | Two Spacious Residences |Flexible Owner-Occupant or Investment Opportunity. This unique4,454 square-foot property consists of two side-by-side townhome-style residences: a 3BR/2.5BA residence and a 4BR/3.5BA residence.This large, exceptionally well maintained property featuresgenerously sized rooms, modern updates and the conveniencestoday's tenants and homeowners appreciate.Flexible possession with upcoming tenant turnovers providesopportunity for an owner-occupant or investor to establish newtenancy at the current market rents. Live in one residence whilegenerating rental income from the other.Investors will acquire a high quality rental property with itssubstantial capital improvements and the opportunity to repositionrents as the existing tenancies turn over. Current combined incomeis $6,010/month, with upside potential as rents are repositioned tomarket levels.Both residences offer three floors of finished living space and arelargely mirror images of each other, with distinct lower levels.Included floorpans highlight the flexibility of each residence. Unit3556's larger lower level includes a comfortable space withkitchenette, bedroom, full bathroom, office, and living/media room,well suited as an in-law or au-pair suite, with private entrance andexits. Unit 3554's finished lower level includes a private office orrecreation room, kitchenette and half bathroom. High-qualityappliances include KitchenAid ovens, Bosch dishwashers, GEMonogram wine cooler, a Dacor gas cooktop, an LG WashTowerlaundry system. Additional features include Onkyo surround sound,Lorex outdoor video surveillance, heavy-duty 1 HP garbage disposals,glass-enclosed showers, ceramic tile and marble finishes, and ventedskylights.Ideally situated in the highly desirable St. Albans neighborhood ofNewtown Square, the property offers the best of both worlds: aquiet, leafy setting tucked away on a knoll, yet convenient to majorcommuting routes and the growing Newtown Square town center,with its restaurants, shops, and everyday services. Teca, Ruth's Chris,Acme, Whole Foods, Gentile's Markets, Main Line Health, AC Hotel,Hilton Gardens Inn, Ellis Preserve's destination amenities Kilwins andCleavers are all within approximately 3/4 mile. Private drivewaysprovide parking for up to 9 vehicles. WHY WOODCREST AVENUETwo spacious, separately configured residences 3BR/2.5BA + 4BR/3.5BA 4,454 square feet ... Three finished levels in each residence ...Two addresses, separately metered ... Finished lower level flexibility ... Newer roof, windows, flooring, kitchens, bathrooms, retaining wall ... Central HVAC ... Significant off-street parking ... Owner-occupant or Investor opportunity ... Property's combined rental income of $6,010/month with upsidepotentialUpcoming tenant turnover creates flexibility for the next ownerDetailed Income and Expenses available upon request for qualifiedbuyers. The Seller requires all offers to purchase this property toinclude a complete and signed & Buyers Financial Statement; (BFI)and, for all non-cash offers, a Mortgage Pre-approval letter from areputable mortgage company.
Details
| MLS # | PADE2122564 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1965 |
| Days On Site | 34 |
| Listing Provided By | Long & Foster Real Estate, Inc. | Richard A. Opperman Jr. |
Features
| SQ Feet | 4,454 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | C-1 |
| Acreage | 0.22 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Exterior Features | Exterior Lighting, Sidewalks, Stone Retaining Walls |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt Driveway, Paved Driveway, Paved Parking |
Taxes
| Tax Annual Amount | 10638 |
|---|
Area Information
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | NEWTOWN SQUARE |
| Zip Code | 19073 |
| Area | Newtown Twp (10430) |
| School District | MARPLE NEWTOWN |
| Listing VS Median (in 19073) | |
Price: $1,200,000 low | high Med: $870,000 sqft: 4,454 low | high Med: 3,288 $ / sqft: $269 low | high Med: $277 On site: 34 low | high Med: 98 | |
Market Activity 19073
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Learn More About This Property
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | NEWTOWN SQUARE |
| Zip Code | 19073 |
| Area | Newtown Twp (10430) |
| School District | MARPLE NEWTOWN |
| Listing VS Median (in 19073) | |
Price: $1,200,000 low | high Med: $870,000 sqft: 4,454 low | high Med: 3,288 $ / sqft: $269 low | high Med: $277 On site: 34 low | high Med: 98 | |
