UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,276 sqft
Price per Sqft $142
MLS Listing ID PAMC2186252
Style Dwelling with Rental
Abv Grd Liv Area 5,276
Year Built 1972
Annual Tax Amount $11,575
Tax Year 2026
Lot Size 0.321 Acres
Acres 0.32
Property Sub-Type Detached
Source BRIGHT
Property Description
The residential unit mix includes one three-bedroom apartment, one one-bedroom apartment, two two-bedroom apartments, and two efficiency/studio apartments, providing a diverse rental portfolio. The commercial space offers excellent visibility along Ridge Pike, making it ideal for a variety of business uses.
Current monthly rental income totals $8,200 ($98,400 annually). Several tenants have occupied the property for many years, resulting in rents that vary by unit and tenancy, presenting an opportunity for future income growth as units turn over.
The property features a roof that is approximately eight years old and has been well maintained. Tenants pay their own electric, gas, and heat. The owner pays water, sewer, trash, and real estate taxes.
Being sold in as-is condition. This is an outstanding opportunity for investors seeking a fully occupied mixed-use property with immediate cash flow and long-term upside in a highly desirable Montgomery County location.
Location
State PA
County Montgomery
Area Lower Providence Twp (10643)
Zoning RPBD
Interior
Interior Features Ceiling Fan(s), Carpet, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Recessed Lighting, Store/Office
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Inclusions All Appliances All "As-Is" Condition and of No Value
Equipment Oven/Range - Electric, Range Hood, Refrigerator, Dishwasher
Fireplace N
Appliance Oven/Range - Electric, Range Hood, Refrigerator, Dishwasher
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Garage Spaces 16.0
Utilities Available Cable TV Available, Electric Available, Sewer Available, Water Available
Water Access N
Accessibility None
Porch Porch(es)
Total Parking Spaces 16
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 5276
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade
New Construction N
Schools
School District Methacton
Others
Tax ID 43-00-11563-004
Ownership Fee Simple
SqFt Source 5276
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby School & Business
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