Back 16 W 4th St
Off Market

16 W 4th St

Media PA 19063

0.07 ac.
Duplex
Last sold for $320,000

Overview

Duplex,Semi-Detached - MEDIA, PA

OWNER OCC OR INVESTOR DUPLEX! TWO 1 BR 1BA APTS EA W SOLAR AND LAUNDRIES! Leases have owner Occupancy buyouts built in! Rents $1200 & $1250 or $29400/yr. After expenses units net $21K+ /yr. At $335K w 10% down at 4.5% you can live in 1, rent other w cash out of $675/mo. See investor Spreadsheet in Docs. Convenient to all Media Offers! 2 Well executed low E apts in a twin home on a treelined st. in walkable Media. Brick twin home converted & Grandfathered as 2 apts in 60's: upstairs 700 sq ft up plus 120 sq ft porch & 700 sq ft down plus 512 sq ft bsmt. Split on transfer tax. We settle w our R.E. lawyer, buyer assumes both leases. UPGRADES: 2006, Both porch new rubber roofs, Furnace. 2007: gutted to bricks & layout updated. Tile floors baths & Kitchens. Future Radiant tubing laid in kit, bath & bment flrs & for 2 flr heat panels. 2007 French drain, sump pump, & sump well. Separate meters & Cat 6. Deluxe wire w 3 way switches + bedside light & fan controls. Quality Ceiling fans in ea liv rm & bdrm. Pella windows in kitchens. New locks, doors woodwork railings & hardware. lead abatement. new 2nd flr ikea kitchen w new micro, disposal, dishwash, stove, & fridge. 2008 built up Roof white coating & insulated to R-60. 2009 8 x 10 shed, dual battery back up sump pump. 2011 5.4K Premium Sanyo Solar yields enough for property. 2011 50 gal GE heat pump hot H2O heater uses 1/3 of usual KwH. 2011 outside hose bibs front & rear. 2014 Front yard native plants, Rear yard fenced & gate. 2015 All LED lights. 2016 rain routed to drywell. 2016 Rear yard terraced w sod. 2016 new int paint, Micro, disposal, & Dishwash in 1 flr. 2017 New split ducts w zone valves, new hot water pex manifolds, recoat roof w Acrymax: conveys w 5 yr roof cert. 10 available for more. Was appraised at $278K in 2013 when "Zestimate" was $221K. Pricing based on Market, cap rate, ratios. Owner rehabbed & lived in 1 flr from 2007-2016.

Features

0.07 ac. lot size
Duplex

Estimated Value

We need at least 3 similar duplexes sold in Media over the last 12 months.

Property history for 16 W 4th St

2017
Sold
$320,000
10 Jul 2017

Happy sellers in Media

98%
98% of sellers in Media reported that their sale price either exceeded or met their price expectations.

Media stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Media over the last 12 months.

Local market activity for duplexes in Media

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