Hatboro, PA 19040,109 E MORELAND AVE
Hatboro, PA 19040,109 E MORELAND AVE
Hatboro, PA 19040,109 E MORELAND AVE
$730,000
Est. payment /mo
$785,000
7.0%
Est.Price: ?

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5,672 SqFt
SOLD DATE : 09/22/2022

Key Details

Sold Price $730,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,672 sqft

Price per Sqft $128

Subdivision Abbey Downs

MLS Listing ID PAMC665012

Sold Date 09/22/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $8,888

Tax Year 2021

Lot Size 0.294 Acres

Acres 0.29

Lot Dimensions 70.00 x 0.00

Property Description

Location, Location!!! Commercially zoned Office , mixed-use property Fully Occupied, with 5 units just a few short blocks from Hatboro's center of town shops, businesses and restaurants. This property, zoned RC2 Commercial, features 4 residential apartments plus 1 street level commercial space, which is approximately 1500 square feet and currently set up for office use. As a bonus, there is a shed that is also leased. This is a superb property for owner occupant or investor. In addition to Office use this property would be available for additional Retail Uses. The 4 apartments consisting of two 1 Bedroom and two 2 Bedroom units are currently fully occupied. This property is ideally located next to the SEPTA rail line with easy access to Center City and in close proximity to the Hatboro train station, the area's major roadways, shopping, banking, and restaurants. There is on-site parking for 15 cars and is ideal for an investor or a buyer seeking to occupy the 1st floor office space with the benefits of the income stream from the fully rented apartments in place. Office space is currently leased for $1550 per month plus utilities.

Location

State PA

County Montgomery

Area Hatboro Boro (10608)

Zoning RC2

Interior

Hot Water Electric

Heating None

Cooling Central A/C, Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 15.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 15

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hatboro-Horsham

Others

Tax ID 08-00-04531-006

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert F Felte Jr • Felte Real Estate
Bought with Gregory P Linberg • HomeSmart Nexus Realty Group - Blue Bell

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Irma Rodriguez

+1(302) 357-1823

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