Here is your rare chance to own a detached, purpose built duplex money making machine. 216 W Magnolia is fully leased and smoothly operating and is a great addition to your portfolio. Featuring two units both with 2 bedrooms and 1 baths and a traditional layout, you won't want to miss this one! Both units have separate electric, water heaters and gas furnace and air conditioning units. The basement level is finished and largely above grade and as such provides a ton of upside to expand. This space would be perfect for a 3rd unit or expansion of the 1st floor unit into a larger space and already features a kitchen and a separate back room. Buyers should conduct their own due diligence on this space for potential uses. Both of the units have nice outdoor living space including a sizeable rear wood deck for Unit 1 and a nice front balcony for Unit 2! There is plenty of parking both on street and in the rear parking area, as well as a nice flat, secluded grassy area for outdoor fun or even a storage shed or garage to be utilized! Both units are leased on annual leases and in good standing.
Sold for $297,000 on 08/05/22
$297,000
216 W Magnolia Ave, Aldan, PA 19018
4beds
3baths
1,715sqft
Duplex
Built in 1930
-- sqft lot
$368,900 Zestimate®
$173/sqft
$2,999 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2022 at 08:02am
Listed by:
John Knisely 484-441-3075,
Keller Williams Real Estate - Media
Bought with:
John Knisely, RS-0025871
Keller Williams Real Estate - Media
Source: Bright MLS,MLS#: PADE2028960

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 500
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Combination Dining/Living
- Flooring: Carpet, Luxury Vinyl, Tile/Brick
- Basement: Full,Finished,Interior Entry,Exterior Entry,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,215
- Total interior livable area: 1,715 sqft
Property
Parking
- Total spaces: 6
- Parking features: Asphalt, Private, Driveway, Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck
- Exterior features: Flood Lights, Sidewalks
- Pool features: None
Lot
- Size: 7,841 sqft
- Dimensions: 50.00 x 160.00
- Features: Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 01000065201
- Zoning: R-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
- Roof: Flat
Condition
- Excellent,Very Good,Good,Average
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Aldan
- Municipality: ALDAN BORO
HOA & financial
Other financial information
- Total actual rent: 15645
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Services availability

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