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Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003454677
Sold Date 02/22/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1925
Annual Tax Amount $4,824
Tax Year 2017
Lot Size 0.344 Acres
Acres 0.34
Lot Dimensions 100
Property Description
Excellent Investment Opportunity! This property is a fully leased Investment property conveniently located to Willow Grove Mall, Giant Food Store and Public Transportation. This is a 5 unit building with three 2 bedroom apartments, two 1 bedroom apartments and a leased 3 car garage. There is a newer state of the art gas fired boiler supplying heat to the 5 units. This system has a feature that can be added to control heat remotely. There is also a wrap around porch and nice yard for tenants enjoyment. The garages are leased at $595 per month (Month to month) and reflected in the total income. There is a laundry hook up in the basement which has the potential for a coin operated laundry system. Basement is accessed by an outside exit. There is ample parking in the rear of property.
Location
State PA
County Montgomery
Area Upper Moreland Twp (10659)
Zoning R4
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Hot Water S/W Changeover
Heating Gas, Hot Water
Cooling None
Flooring Fully Carpeted, Tile/Brick
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Shingle
Accessibility None
Parking Type Parking Lot, Detached Garage
Total Parking Spaces 8
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
Elementary Schools Upper Moreland
Middle Schools Upper Moreland
High Schools Upper Moreland
School District Upper Moreland
Others
Tax ID 59-00-16519-009
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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Bought with Jennifer Rappaport • RE/MAX Central - Blue Bell