$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 Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1000305574
Sold Date 07/13/18
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 investment property but 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 being replaced. First time offered in more than 20 years! Income and expenses provided by 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
Interior
Hot Water Natural Gas
Fireplace N
Exterior
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer Public Sewer
New Construction N
Schools
School District North Penn
Others
Tax ID 11-00-10012-003
Ownership Fee Simple
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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! "