$400,000
$450,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
9,875 Sqft Lot
SOLD DATE : 07/13/2018
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1000305612
Sold Date 07/13/18
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1900
Annual Tax Amount $6,472
Tax Year 2018
Lot Size 9,875 Sqft
Acres 0.23
Lot Dimensions 57
Property Description
Exceptional income producer here. Not your ordinary multi-unit property. Crunch the numbers and you'll see for yourself....this is an outstanding investment opportunity. Property is fully rented and consists of a 12 unit rooming house, a commercial storefront with superb visibility (currently a mattress store), and a 4 bay garage. This property NETS in excess of $60K/year. Rent collection has been handled weekly for the owner by one of the Tenants. Owner recently had a new roof installed and security cameras throughout the rooming house. The front awning is in the process of replacement. First time offered in more than 20 years. Income and expenses available on request. Room furnishings are included in the sale. Please allow at least 24 hours notice. Listing agent must accompany all showings.
Location
State PA
County Montgomery
Area Lansdale Boro (10611)
Zoning B
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Other
Total Parking Spaces 8
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District North Penn
Others
Tax ID 11-00-10012-003
Ownership Fee Simple
Security Features Security System
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Bought with Dan Borowiec • RE/MAX Professional Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "