50 Belmont Avenue

Bala Cynwyd, PA
$ 125,000 Beds 1 Baths 0
Monthly Estimate* How much can I afford?

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.

Contingent

  • Price
  • $ 125,000
  • Lot Size
  • Bedrooms
  • 1
  • Full Bathrooms
  • 0
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Bala Cynwyd
  • Taxes
  • $ 1919
  • County
  • MONTGOMERY
  • Style
  • Contemporary
  • Area
  • Lower Merion Twp
  • MLS#
  • PAMC668926
  • Zip
  • 19004
Listing Provided by: National Realty Old City LLC - PA
Data Source: Bright MLS

Features

General

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Forked River, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/28/2020 Listed $125,000

Property vs Zip Code Average in 19004

Price
AVG $400K
$130K
Taxes
AVG $6,741
$1,919
Visits
AVG 91
77
Year Built
AVG 1961
1960
Walkscore
AVG 52
64
Data Provided by Walkscore ® not using MLS data

Map

50 Belmont Avenue Bala Cynwyd, PA is a Single Family Home for sale at $125000 and a lot size of Acre(s). 50 Belmont Avenue Bala Cynwyd has 1 bedrooms, 0 baths and was built in 1960. The property's zip code is 19004 which is in Bala Cynwyd, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.