50 Belmont Avenue # 1A

Bala Cynwyd, PA
$ 125,000 Beds 1 Baths 1 Sq 378
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
  • Sqr Footage
  • 378
  • Full Bathrooms
  • 1
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Bala Cynwyd
  • Taxes
  • 1911
  • County
  • MONTGOMERY
  • Style
  • Unit/Flat
  • Area
  • Lower Merion Twp
  • MLS#
  • PAMC645096
  • Zip
  • 19004
Listing Provided by: RE/MAX Affiliates

Features

General

Acceptable Financing Cash, Conventional, FHA
Accessibility 48 + Halls
Additional Parcels Y/N No
Appliances Stove, Stainless Steel Appliances
Architectural Style Unit/Flat
Association Amenities Common Grounds, Exercise Room, Extra Storage, Pool - Outdoor, Picnic Area, Security, Tennis Courts
Association Fee Includes Air Conditioning, Heat
Association Name SUTTON TERRACE CONDO ASSOCIATION
Association Y/N Yes
Building Name Sutton Terrace
Community Pool Features Fenced, Heated, In Ground
Condo/Coop Association Y/N Yes
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Elementary School BALA CYNWY
Exterior Features Sidewalks, Stone Retaining Walls, Street Lights, Tennis Court(s), BBQ Grill, Other
Flooring Hardwood
Garage Y/N No
HOA Fee 273.00
HOA Fee 2 0.00
HOA Fee 2 Frequency Unknown
HOA Fee Frequency Monthly
Heating Forced Air
High School HARRINGTON
High School District LOWER MERION
Historic Y/N No
Interior Features Bar, Wood Floors, Window Treatments, Upgraded Countertops, Tub Shower, Store/Office, Kitchen - Island, Intercom, Floor Plan - Open, Breakfast Area
Junior High BALA CYNWY
Levels 1
Location Type Suburban
MLS Area Lower Merion Twp (10640)
New Construction No
Other Structures Above Grade, Below Grade
Ownership Condominium
Parking Features Paved Driveway, Paved Parking, Shared Driveway, Asphalt Driveway
Possession Negotiable, Subject to Existing Lease
Price Per Sq Ft 330.69
Property Type Residential
PropertyCondition Excellent
Real Estate Owned Y/N No
Security Features 24 hour security, Desk in Lobby, Doorman, Exterior Cameras, Intercom, Monitored, Resident Manager
Senior Community Y/N No
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name BALA
Tax Year 2020
Unit Number 1A
Utilities Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning R7

Interior Features

Above Grade Finished Area 378
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Avg. Heating Oil Per Month 0.0
Basement Y/N No
Bathrooms Count Main Level 1.00
Bathrooms Full Main Level 1
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Common Walls 2+ Common Walls
Common Walls 2+ Common Walls
Entry Level 1
Fireplace Y/N No
Full Baths 1
Heating Fuel Other
Heating Y/N Yes
Hot Water Other
Living Area 378
Main Level Bedrooms 1
Total Baths 1
Total Bedrooms 1

Exterior Features

Fencing Cyclone, Chain Link, Privacy, Other
Horse Y/N No
Lot Dimensions x 0.00
Lot Features Backs to Trees
Navigable Water Y/N No
Parking Lot - # Of Spaces 1
Pool Y/N Yes - Community
Road Surface Type Black Top
Roadresponsibility State, City/County, Boro/Township
Total Parking Spaces 1
Type of Parking Driveway, Parking Lot
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
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ashburn, Virginia office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

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 4.38% 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 Bala Cynwy Elementary School
Middle School Bala Cynwy Middle School
High School Harrington High School

Price History

4/1/2020 Listed $109,900

Property vs Zip Code Average in 19004

Price
AVG $330K
$130K
Taxes
AVG $5,818
$1,911
Visits
AVG 23
1
Year Built
AVG 1957
1960

Map

50 Belmont Avenue # 1A Bala Cynwyd, PA is a Single Family Home for sale at $125000 with 378 sqft and a lot size of Acre(s). 50 Belmont Avenue # 1A Bala Cynwyd has 1 bedrooms, 1 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 4.38% 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.