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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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Bought with Gregory P Linberg • HomeSmart Nexus Realty Group - Blue Bell