Collingdale, PA 19023,703 CLIFTON AVE
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Collingdale, PA 19023,703 CLIFTON AVE
Collingdale, PA 19023,703 CLIFTON AVE
Collingdale, PA 19023,703 CLIFTON AVE
Collingdale, PA 19023,703 CLIFTON AVE
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Listed by Matthew Russo • BHHS Fox & Roach-Media
$ 399,900
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703 CLIFTON AVE Collingdale, PA 19023

2,758 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,758 sqft

Price per Sqft $144

MLS Listing ID PADE2106428

Style Colonial

Abv Grd Liv Area 2,758

Year Built 1940

Annual Tax Amount $7,361

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 78.70 x 136.68

Property Sub-Type Detached

Source BRIGHT

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.

Location

State PA

County Delaware

Area Collingdale Boro (10411)

Zoning RESIDENTIAL

Rooms

Basement Unfinished

Interior

Interior Features Carpet

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Central A/C, Window Unit(s)

Fireplaces Number 1

Fireplace Y

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es), Deck(s)

Water Access N

Accessibility None

Porch Porch(es), Deck(s)

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 2758

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Southeast Delco

Others

Tax ID 11-00-00746-00

Ownership Fee Simple

SqFt Source 2758

Special Listing Condition Standard


Bright MLS (BMLS)
Amie Wiseley

Amie Wiseley

Agent

+1(202) 997-1586

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703 CLIFTON AVE