$489,000
$589,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 11/19/2015
Key Details
Sold Price $489,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003464121
Sold Date 11/19/15
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1860
Annual Tax Amount $2,421
Tax Year 2015
Lot Size 0.290 Acres
Acres 0.29
Property Description
Investors big or small you can own all of PARSONS PLACE. Live in one unit and rent the others or rent them all. PARSONS PLACE consists of two twins - one is one unit and the other is a duplex. The duplex is fully leased. Ownership for each unit is separate so in the future you could sell each unit individually, giving you flexibility in your ownership. The left twin is the whole twin and has 3 (possible 4th) bdrms, 2 Full baths is updated & modernized w/ details & charm of older homes but modernized for today's living. Completely Renovated Kitchen w granite & SS appliances, separate LR & DR, new hardwood flrs, sun porch. Upstairs are the 3 bedrms and a possible 4th (currently being used as laundry room). The right twin is divided into a duplex. Unit 2 is 1st floor of right twin, has 2 bdrms, 1 bath, LR, DR and eat-in and updated kitchen. Unit 3 is 2nd & 3rd floors of right twin has 2 bdrms, 1 bath, kitchen & LR. Good Cap Rate, gross rent multiplier, & cash flow. 200 amp service, all utilities are separate, each has access to own laundry. Walkable to restaurants, shopping, schools, transportation & places of worship. Great Investment - don't pass this opportunity up.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning R6A
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Oil, Gas, Radiator
Cooling None
Flooring Wood, Vinyl, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Oil, Natural Gas
Laundry Washer In Unit, Dryer In Unit, Common, Has Laundry
Exterior
Fence Other
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
Elementary Schools Cynwyd
Middle Schools Bala Cynwyd
High Schools Lower Merion
School District Lower Merion
Others
Tax ID 40-00-45916-016
Ownership Fee Simple
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Bought with Jay L Press • Weichert Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "