242 Kingston Rd

3
Baths
1,485 Sq. Ft.
$144 / Sq. Ft.
1,485
Sq. Ft.
$144
per Sq. Ft.

Description

242 Kingston Rd is a cash flow king! This triplex is conveniently located within walking distance of 69th street station, the trolley line, and a commercial area. All of the utilities are separate; the only utility paid for by the landlord is water. Each apartment has its own private entrance from the street. Apt A: Enter from the front, stone porch into the living space of this approximately 640 sq ft one bedroom, one bath unit currently rented for $630/month. It is occupied by a long term tenant...242 Kingston Rd is a cash flow king! This triplex is conveniently located within walking distance of 69th street station, the trolley line, and a commercial area. All of the utilities are separate; the only utility paid for by the landlord is water. Each apartment has its own private entrance from the street. Apt A: Enter from the front, stone porch into the living space of this approximately 640 sq ft one bedroom, one bath unit currently rented for $630/month. It is occupied by a long term tenant on a month-to-month lease. Apt B: Enter from a separate private entrance on the front porch, into this approximately 742 sq ft two bedrooms, one bath currently rented for $750/month. The tenant is on a month-to-month lease. Apt C: Enter from a side entrance on Madeira Rd into this approximately 730 sq ft one bedroom, one bath currently rented for $700/month. This unit is occupied by a long term tenant on a month-to-month lease. Potential Gross Income for the building is $24,960. The annual net operating income is $19,736.98. The cap rate is 9.87% and the gross rent multiplier is 8.0. Investors, do not miss your opportunity to snag this property before someone else does!

Listing Agents

  1. Rachel Finkelstein

    Rachel Finkelstein

    Alternative Listing Agent

    Compass

  2. Listed by Marc A Hammarberg • BHHS Fox & Roach The Harper at Rittenhouse Square
    P: (215)-790-5501 marc.hammarberg@foxroach.com

Property Details for 242 Kingston Road

Tax ID Number
16-04-01011-00
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-13-2022
Municipality
UPPER DARBY TWP
LISTING UPDATED: 06/17/2022 12:10 PM

Property Details for 242 Kingston Road

StatusClosed
MLS #PADE2025042
Days on Market5
Taxes$3,711 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1927
Lot Size0.03 AC / 1,307 SF
CountyDelaware County

Location

Listing Courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square

Sold By BHHS Fox&Roach-Newtown Square

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Building Information for 242 Kingston Road

Stories-Residences1Year Built1927Building Size-Lot Size0.03 AC / 1,307 SF

Payment Calculator

$1,354 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,045

Property Taxes

$309

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Kingston Road

Location
Location
  • School District Name: UPPER DARBY
  • School District County ID: 300200397363
  • SchoolDistrictSource: 3rd Party
  • High School: UPPER DARBY SENIOR (DELAWARE PA)
  • HighSchoolSource: 3rd Party
  • County: DELAWARE
  • MLS Area: Upper Darby Twp (10416)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $91,050
  • Year Assessed: 2022
  • County Tax: $273
  • Improvement Assessed Value: $68,640
  • City Town Tax: $1,196
  • Land Assessed Value: $22,410
  • Clean Green Assessed: No
  • Land Use Code: R-30
  • Zoning: R
  • Tax Lot: 262-000
  • School Tax: $2,242
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Net Operating Income: $19,737
  • Annual Rental Income: $24,960
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.87
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,485.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 75.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 445296
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Ceiling Fan(s), Combination Kitchen/Dining
  • Fireplaces Count: 0
Exterior Features
Exterior Features
  • Exterior Features: Awning(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s)
  • Cooling Fuel: Electric, Natural Gas
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 242 Kingston Road

DateEvent & SourcePriceAppreciation
Jun 16, 2022

Closed

BRIGHT #PADE2025042

$214,350
Jun 8, 2022

Closed (Public Record)

Public Record #1492701684

$214,350

+4.5% / yr

May 16, 2022

Pending

BRIGHT #PADE2025042

May 16, 2022

Active Under Contract

BRIGHT #PADE2025042

May 13, 2022

Listed (Active)

BRIGHT #PADE2025042

$199,900
May 22, 2002

Closed (Public Record)

Public Record #99875618

$87,900
May 8, 2002

Closed

BRIGHT #PADE176178

$87,900
Mar 5, 2002

Pending

BRIGHT #PADE176178

Feb 10, 2002

Listed (Active)

BRIGHT #PADE176178

$89,900
Sep 30, 1999

Expired

BRIGHT #PADE345438

$84,900
Mar 15, 1999

Listed (Active)

BRIGHT #PADE345438

$84,900
DateEvent & SourcePrice
06/16/2022

Closed

BRIGHT #PADE2025042

$214,350
06/08/2022

Closed (Public Record)

Public Record #1492701684

$214,350

+4.5% / yr

05/16/2022

Pending

BRIGHT #PADE2025042

05/16/2022

Active Under Contract

BRIGHT #PADE2025042

05/13/2022

Listed (Active)

BRIGHT #PADE2025042

$199,900
05/22/2002

Closed (Public Record)

Public Record #99875618

$87,900
05/08/2002

Closed

BRIGHT #PADE176178

$87,900
03/05/2002

Pending

BRIGHT #PADE176178

02/10/2002

Listed (Active)

BRIGHT #PADE176178

$89,900
09/30/1999

Expired

BRIGHT #PADE345438

$84,900
03/15/1999

Listed (Active)

BRIGHT #PADE345438

$84,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Kingston Road

Taxable ValueLand$22,410Additions$68,640Total$91,050
Tax Record2025$3,985 ($332 / month)
Home Facts
Baths3.5Total Finished SqFt1,485 SqFtAbove Grade Finished SqFt1,485 SqFtStories2Lot Size1,442 SqFtStyleTriplexYear Built1927CountyDELAWAREAPN16-04-01011-00

Schools near 242 Kingston Road

This home is within Upper Darby School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Bywood El School
Public1 to 5

Beverly Hills Middle School
Public6 to 8

Upper Darby Senior High School
Public9 to 12

Walter M Senkow El School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.