Hurry to see this fully occupied quality built brick & stone 4 unit apartment building producing an annual GRI of $62,580 conveniently located in Springfield Township Delaware County. Each of the spacious apartments offers 2 bedrooms, 1 full bath, living room, dining room, updated kitchen including refrigerator, in unit laundry including washer & dryer, wall unit air conditioners, hardwood, carpet & tile flooring. Three bathrooms have been remodeled, one received retro upgrading. Tenants pay for all utilities except water and common area electric. All 4 hot water heaters were replaced within the last 1-2 years. New owner receives a 1 year home warranty providing 4 unit coverage. There is reserved resident parking in the rear of the building as well as guest parking spaces. Conveniently located within minutes of shopping, restaurants, Rts 320 & 476, just 30 minutes or so to Philadelphia International Airport, Center City or King Of Prussia. Don't miss this opportunity to add this exceptional building to your rental portfolio or use the owner occupancy option to get on the fast track to real estate wealth building. Take a look then take action!
Multi-familyProperty Type
1961Year Built
0.35 acresLot Size
$199Est. Price/Sq.Ft.
Listed by David Stilwell• KW Greater West Chester
•610-436-6500 (broker)
•johnpatrick@kw.com (broker)
Bought with Tom Toole III• RE/MAX Main Line-West Chester
•610-692-2228 (broker)
•ttoole555@gmail.com (broker)
Bought with Stephen Karpinski• RE/MAX Main Line-West Chester
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
96 ft.
Lot depth
150 ft.
Lot size
0.35 Acres
Year renovated
—
Sq. Ft.
4,146
Year built
1961
Style
Single Family Residential
County
Delaware County
APN
42000669802
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
D
Residential Apartment District
The D Residential Apartment District is designed to make special provisions for apartment development. The district is also designed to permit other uses related to apartments and to establish regulations to maintain or improve the character of the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
Property details
Parking
Parking Information
Off Street, Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Outside Entrance, Side Entrance, Unfinished
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Irrigation Water Rights
Improvement Assessed Value: $419,180
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 4
Construction Materials: Brick, Stone
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 96.00 x 149.47
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $110,450
Above Grade Information
Finished Sq.Ft.: 4,146
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $1,922
County Tax: $1,588
School Tax: $10,512
Tax Assessed Value: $529,630
Tax Year: 2021
Tax Annual Amount: $14,023
Assessments Information
Year Assessed: 2022
Rental Information
Total Actual Rent: $62,580
Utilities
Utilities Information
Cooling Type: Wall Unit, Window Unit(s)
Cooling Fuel: Electric
Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Municipal Trash: Yes
Location
Multi Unit Information
# of Two Bedroom Units: 4
# of Units Leased: 4
Other Units: Unit 1,Unit 2,Unit 4,Unit 3
School Information
School District Name: SPRINGFIELD
School District Source: Listing Agent
Location Information
Directions: Must be heading North on State Rd. Right into shared driveway entrance at 24 N State Rd and follow to (2nd building) parking area for 16 N State Rd. Please do not use reserved parking spaces for tenants. There are guest parking spaces available.
Municipality: SPRINGFIELD TWP
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,146
Stories: 2.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1961
Year Renovated: —
County: Delaware County
APN: 42000669802
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Places
Transit
Springfield Literacy Center
Public K-1 • Assigned • 1.0mi
Richardson Middle School
Public 6-8 • Assigned • 1.1mi
8/10
Springfield High School
Public 9-12 • Assigned • 0.9mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Springfield, PA • 19064
Average low and high temperatures (°F)
35
22
41
26
58
37
67
46
73
55
83
65
88
71
83
65
78
62
68
49
56
40
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$783,000 – $947,000
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