$410,000
Milford, PA 18337
MLS# 16-3521
Status: Closed
3626 sqft

1 / 25
Property Description
Great Investment Opportunity! Totally renovated in 2009 and approved for professional, retail and residential. Includes 4 rentals: one restaurant rental plus 3 apartments. Like-new including plumbing, heating, lighting, insulation, wiring, doors bathrooms, fixtures. Beautiful hardwood floors, cathedral ceilings in restaurant. Complete with Central station Fire and Burglar Alarm System, Natural Gas Heat, wired for Phone and Internet. Fully leased. Each tenant pays all utilities. Center of Milford, walk to shopping, bus and minutes to NY and NJ Borders.
Details
Location, Tax, and Legal
Street Additional Info: 508 West Harford Street
Municipality: Milford Borough - 08
High School District: Delaware Valley
Cnty&Muni Taxes (Legacy): 3715.51
School Tax Amount: 6218.76
Tax Annual Amount: 9934.27
Tax Assessed Value: 57480
Parcel Number: 112.12-01-13 000499
Zoning Description: Commercial
Tax Book Number: 2291/2249
General Property Information
Business Name: Grotto Restaurant plus 3 apartments
Number Of Buildings: 2
Number Of Units Total: 4
Building Area Total: 3626
SqFt. Above Grade (Legacy): 3626
Lot Size Acres: 0.48
Enhanced Accessible: Yes
Water Body Name: None
Basement YN: Yes
Stories: 2
List Price/SqFt: 123.83
Sold Price/SqFt: 113.07
Living Area: 3626
Year Built: 1904
Remarks and Miscellaneous
Public Remarks: Great Investment Opportunity! Totally renovated in 2009 and approved for professional, retail and residential.
Includes 4 rentals: one restaurant rental plus 3 apartments. Like-new including plumbing, heating, lighting, insulation, wiring, doors bathrooms, fixtures. Beautiful hardwood floors, cathedral ceilings in restaurant. Complete with Central station Fire and Burglar Alarm System, Natural Gas Heat, wired for Phone and Internet. Fully leased. Each tenant pays all utilities. Center of Milford, walk to shopping, bus and minutes to NY and NJ Borders.
Cooling
Ceiling Fan(s): 1
Central Air: 1
Current Use
Commercial: 1
Office: 1
Residential: 1
Electric
200+ Amp Service: 1
440 Volts: 1
Phase 3: 1
Heating
Electric: 1
Natural Gas: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Security Features
Security System: 1
Sewer
Septic Tank: 1
Utilities
Natural Gas Available: 1
Water Source
Public: 1
Building Features
Included In Contract: Building Only
Equipment Included: 1
Fixtures Included: 1
Public Restrooms: 1
Business Type
Professional Service: 1
Professional/Office: 1
Rental: 1
Restaurant: 1
Possible Use
Investment: 1
Office: 1
Residential: 1
Retail: 1
Tenant Pays
Common Area Maintenance: 1
Grounds Care: 1
Snow Removal: 1
Taxes: 1
Contract Information
Current Price: $410,000
Sold Price: $410,000
Status: Closed
Listing Contract Date: 2016-07-23
Location Tax and Legal
Street Number: 508
Street Direction Prefix: W
Street Name: HARFORD
Street Suffix: Street
County: Pike
State: PA
Postal Code: 18337
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2016-09-13T14:05:23Z
Major Change Type: Status Change
Purchase Contract Date: 2016-08-11
Close Date: 2016-09-13
Close Price: 410000
Property Features
Building Features: Equipment Included; Fixtures Included; Public Restrooms
Business Type: Professional Service; Professional/Office; Rental; Restaurant
Cooling: Ceiling Fan(s); Central Air
Current Use: Commercial; Office; Residential
Electric: 200+ Amp Service; 440 Volts; Phase 3
Heating: Electric; Natural Gas
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Parking Features: On Site
Possession: Negotiable
Possible Use: Investment; Office; Residential; Retail
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Security Features: Security System
Sewer: Septic Tank
Tenant Pays: Common Area Maintenance; Grounds Care; Snow Removal; Taxes
Utilities: Natural Gas Available
Water Source: Public
Listing Office: Keller Williams RE Milford
Last Updated: September - 11 - 2024
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