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Key Details
Sold Price $875,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Jenkintown
MLS Listing ID 1003475913
Sold Date 08/30/16
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $16,002
Tax Year 2016
Lot Size 6,752 Sqft
Acres 0.16
Lot Dimensions 33
Property Description
Amazing potential with this high rent mixed use, 2 building property and potential business with the buildings located in the heart of Jenkintown Borough. There are 3 commercial/retail/office units. One is the Easy Tag auto tag business, (which is included in the sale), and the building behind the 433 Old York Rd building with separate address and secondary frontage on Johnson St. The residential rentals include 4 completely updated and renovated units. 2, 2 story, 3 bedrm apartments and 2 efficiency apartments. All four units have have new carpets, hardwood floors, new kitchens with granite counters and stainless steel appliances, newly renovated bathrooms. Property comes with 4 parking spots in front of the Johnson St. frontage, and parking available on the side of the building to purchase. All units are currently rented with many long time tenants who want to stay after the purchase. Tremendous opportunity to work and live in the same building or just make a great investment and collect over $100,000 in rental income. All leases and numbers are available upon request.
Location
State PA
County Montgomery
Area Jenkintown Boro (10610)
Zoning NCR
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Flooring Tile/Brick, Wood, Carpet
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Above Ground
Waterfront N
Water Access N
Roof Type Flat,Rubber
Street Surface US Highway/Interstate
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Building Description Other, Private Restrooms,Display Window,Fire Alarm,Fire Escape,Fire-Resistance Rating
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Jenkintown
Others
Tax ID 10-00-05496-002
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Wayne S Fenstermacher • BHHS Fox & Roach - Harleysville