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$950,000
16 Days Online

344 Hodgson Street
Oxford, PA19363

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1880
Built
County:
Chester

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484-325-0111
344 Hodgson Street344 Hodgson Street344 Hodgson Street344 Hodgson Street
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Income producing property 6 units (5, 1-bedroom units, one studio) and 6 separately rented individual garages. Net operating income of 70K (full financials available to qualified buyers). The property is fully rented with high quality tenants - note that listing photos are from before tenants moved in. Current owners have rehabbed and updated the property for efficient management - making it easy for a new owner to step in and take over. Owners are selling their whole portfolio for a career change. Updates and repositioning done by the current owners: - Put in all new sidewalks and curbs on all 3 streets and new entry apron by the garages - Repainted the entire house and repaired the soffit and trim - Renovated apartments 5 and 6 - separated electric and installed mini splits (heat/ac) and new kitchens with granite counters - Installed a laundry room with coin operated machines and electronic keypad entry - Put in a trash pad and communal dumpster - Removed and stumped dead trees - All units have separate gas/electric - Tenants pay for water, sewer and trash - Moved all tenants to online payments - Increased the rents to market rate - High quality tenants - must have 650+ credit score and make 3x the rent in verifiable income. - No pets in building - No smoking in building - Annual rent increases are built into all current leases Other qualities of the property: - Main house entry is by electronic key fob only. - There is a camera surveillance system installed

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Listing Snapshot
Price 
$950,000
Days Online 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1880
MLS® Number 
PACT2065166
Status 
Active
Property Tax 
$8,146
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Electric 
200+ Amp Service
Foundation 
StoneConcrete Perimeter
Construction Materials 
Brick
Zoning 
R40 APT BLDG(S) 4-19 UNIT
Interior Features
Flooring 
WoodFully CarpetedVinyl
Heating 
Hot Water
Cooling 
Ductless/Mini-Split
Central Air 
No
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Exterior Features
Roof 
PitchedShingleSlate
Community Features
Accessibility Features 
None
Listing courtesy of Springer Realty Group (484) 498-4000



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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