Views
Address
50 Belmont Avenue Bala Cynwyd, PA
Price
$ 125,000
Property Attributes
  • MLS#PAMC668926
  • TypeContingent
  • CountyMONTGOMERY
  • CityBala Cynwyd
  • AreaLower Merion Twp
  • Zip19004
  • StyleContemporary
  • Year Built1960
  • Taxes$ 1919
  • Price$ 125,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
National Realty Old City LLC - PA
Data Source:
Bright MLS
Property Description

Sutton Terrace Condominium, A premier building in the Main Line, Investment Income producer. Newly renovated Studio set up as a 1 bedroom loft, Hardwood Floors, High End Building with 24hr security, door man building, parking, pool, gym, tennis and other amenities. This building is well maintained with strong financials. This unit is currently leased for $1200.00 a month plus a storage fee of $35.00 monthly. This is an investment rental unit and is a great income producer. Annual income is $14,820.00, less your expenses of Taxes and Condo fees. Tenant pays electric. The condo fee includes all utilities. NOI of 8% on your investment. This unit has been a long term investment for 10 years and easily rents due its proximity to the colleges and universities. Why keep your money in the bank earning less than 1% when you can earn over 8%, Its a no brainer.

Price History
10/28/2020 Listed $125,000

General Features

Acceptable Financing Cash, Conventional
Accessibility 36 + wide Halls
Appliances Intercom, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove
Architectural Style Contemporary
Community Pool Features In Ground
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Exterior Features BBQ Grill, Exterior Lighting, Flood Lights, Secure Storage, Stone Retaining Walls, Street Lights, Tennis Court(s)
Garage Spaces 1.00
Garage Y/N No
Heating Forced Air
High School District LOWER MERION
Historic Y/N No
Interior Features Breakfast Area, Bar, Intercom, Kitchen - Island, Pantry, Store/Office
Location Type Suburban
MLS Area Lower Merion Twp (10640)
Municipality LOWER MERION TWP
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Assigned, Lighted Parking, Limited Common Elements, On-site - Rent, Parking Fee, Paved Parking, Private, Secure Parking, Shared Driveway
Possession 31-60 Days CD, 0-30 Days CD
Property SubType Duplex
Property Type Multi-Family
PropertyCondition Excellent
Security Features Intercom, 24 hour security, Desk in Lobby, Doorman, Exterior Cameras, Fire Detection System, Main Entrance Lock, Monitored, Resident Manager, Security System, Surveillance Sys
Sewer Public Sewer
Structure Type Other
Tax Annual Amount 1919.0
Tax Lot 040
Tax Year 2021
Total Units 1
Utilities Cable TV, Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Vacation Rental Y/N No
View Trees/Woods
Water Access Y/N No
Zoning R7

Interior Features

Basement Y/N No
Central Air Y/N Yes
Fireplace Y/N No
Heating Fuel Oil
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

# Of Assigned Spaces 1
Garage Features Inside Access
Lot Dimensions x 0.00
Lot Size Acres 0.00
Lot Size Source Estimated
Lot Size Square Feet 0.00
Navigable Water Y/N No
Parking Garage - # Of Spaces 1
Pool Y/N Yes - Community
Spa No
Total Parking Spaces 1
Type of Parking Parking Lot, Parking Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19004

Price
AVG $390K
$130K
Taxes
AVG $6,520
$1,919
Visits
AVG 95
80
Year Built
AVG 1957
1960
Walkscore
AVG 52
64
Data Provided by Walkscore ® not using MLS data

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