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Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,830 sqft
Price per Sqft $172
Subdivision None Available
MLS Listing ID 1003163771
Sold Date 08/09/17
Style Other
HOA Y/N N
Abv Grd Liv Area 1,830
Originating Board TREND
Year Built 1960
Annual Tax Amount $4,252
Tax Year 2017
Lot Size 1.004 Acres
Acres 1.0
Lot Dimensions 175
Property Description
Do Not Miss this Rare and Unique Investment Opportunity to own a Duplex home on a large lot and have someone else pay your mortgage. This is a unique ranch style twin duplex situated on top of a hill with a 1 acre lot, detached 2 car garage, parking pad for 6 cars, and many core updates. Great for a savvy owner to live in one unit and rent out the other, also a Great Option for related living. The numbers do not lie and this is a solid money maker and investment. Located in the Award Winning Spring-Ford Area School District. The school district by itself will allow you to rent it out easily, plus the quiet residential setting with great space and views make this property a homerun. Unit A- the owner's unit, features 3 bedrooms, 2 bath, walkout basement, deck, laundry, and kitchenette in the basement great for related living. Currently owner occupied, but rents projected at 1,600 per month with the 2 car garage. Unit B- features 2 bed, 1 bath, with a full basement and laundry. Long term tenant just moved out and was paying 1,300 per month. The rent was below market value because they assisted with lawn care and snow removal. Market rent is at least 1,400 per month. Recent Updates include: boiler and water heater 2017, roof and gutters 2015, central a/c and heating 2016, well and septic pumps 2015, deck 2011, and newer windows throughout. The only thing to do is to paint and start collecting rent. Located Near 422 and Rt. 29, shopping, restaurants, and highly ranked schools.
Location
State PA
County Montgomery
Area Upper Providence Twp (10661)
Zoning R1
Rooms
Other Rooms Primary Bedroom
Basement Full, Fully Finished
Interior
Hot Water Oil
Heating Oil, Radiant
Cooling Central A/C
Flooring Wood, Fully Carpeted, Vinyl
Fireplace N
Heat Source Oil
Laundry Washer In Unit, Dryer In Unit, Hookup
Exterior
Garage Spaces 7.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Detached Garage
Total Parking Spaces 7
Garage Y
Building
Foundation Concrete Perimeter, Brick/Mortar
Sewer On Site Septic
Water Well
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Spring-Ford Ms 8Th Grade Center
High Schools Spring-Ford Senior
School District Spring-Ford Area
Others
Tax ID 61-00-02986-004
Ownership Fee Simple
Acceptable Financing Conventional, VA, USDA
Listing Terms Conventional, VA, USDA
Financing Conventional,VA,USDA
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Bought with Brian C Weaver • Keller Williams Real Estate-Blue Bell