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Key Details
Sold Price $527,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,323 sqft
Price per Sqft $227
MLS Listing ID PAMC668948
Sold Date 02/16/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 2,323
Originating Board BRIGHT
Year Built 1952
Annual Tax Amount $8,307
Tax Year 2021
Lot Size 0.306 Acres
Acres 0.31
Lot Dimensions 93.00 x 0.00
Property Description
Wonderful opportunity to own a newly renovated, conveniently located, and well-maintained quadruplex. Each unit has 1 bed and 1 full bath. Two units have been completely renovated. There is also an additional studio with a full bath that is currently being used for storage. New roof, gutters, exterior paint, electrical, heating and plumbing installed in 2018. This property is also already zoned as commercial, opening up many options for future development. This is a financially stable property with several additional value add opportunities left to increase revenue. All four units are fully occupied with very stable long-term tenants in place. Annual rental income is $50,712 with low operating costs. Additional Features: Separate electric meters for each unit, Separate heat for each unit, Laundry facility and storage in basement, covered parking for two spots, Walking distance to train station, hospital, mall, SEPTA bus stop at corner of property, Less than 1 mile from 276 PA turnpike. Reach out for complete details.
Location
State PA
County Montgomery
Area Upper Moreland Twp (10659)
Zoning C2
Rooms
Basement Full
Interior
Interior Features Carpet, Ceiling Fan(s), Efficiency
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Ceramic Tile, Hardwood, Carpet
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Garage Spaces 12.0
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility None
Porch Patio(s)
Parking Type Attached Carport, Driveway, Off Street
Total Parking Spaces 12
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Block Walls
New Construction N
Schools
High Schools U Moreland
School District Upper Moreland
Others
Tax ID 59-00-05335-006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Cash, Conventional, VA
Listing Terms FHA, Cash, Conventional, VA
Financing FHA,Cash,Conventional,VA
Special Listing Condition Standard
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Bought with Susan Manning • Keller Williams Realty Devon-Wayne
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