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$625,000

Beds
4
Baths
2.0
sq ft
Unknown

515 Chester Pike, Norwood, PA 19074

515 Chester Pike

NORWOOD, PA 19074

  • 68 days on market
    • Price drop $70,000↓
Welcome to 515 Chester Pike! Newly renovated!!! Here is a prime investment opportunity featuring commercial space and a spacious four-bedroom apartment on the upper level. The commercial unit offers flexibility for a new business venture or lease opportunity. This is a beautiful open-concept space, with a large half bathroom, and sizable office. This commercial unit includes additional space that is currently being rented to business next door at $1050./month. Above these commercial space, the four-bedroom apartment has been completely renovated for you to live in while running your business. This apartment provides modern amenities and a comfortable living environment, and it has its own private entrance on Chester Pike. This property is located in a bustling area with high visibility and foot traffic. Parking on and off street. This is an ideal choice for investors looking to maximize their return in a thriving community. Don't miss out on this exceptional property!

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

Unknown

Year built

1945

Annual property taxes

$12,814

HOA

No

Price History

11/12/2024
Bright

Bright #PADE2077920

Price change
$625,000
-10.07%
10/15/2024
Bright

Bright #PADE2077920

Listed
$695,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

INTERBORO

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Highland Investors Capital Llc

Loan start date

April 2023

Original loan amount

$334,500

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Balloon

Seller

Edgar Rigoberto Lopez Cordova and Rosa Guadalup Ulloa Molina

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:20 AM

Listing updated: 11/12/2024 at 2:44 PM

Listed by: Miriam Mosquera-Martinez, Elfant Wissahickon-Chestnut Hill Phone #: (215) 247-3600

MLS: Bright #PADE2077920

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