Harleysville, PA 19438,265 FLORENCE DR
Harleysville, PA 19438,265 FLORENCE DR
Harleysville, PA 19438,265 FLORENCE DR
Harleysville, PA 19438,265 FLORENCE DR
Harleysville, PA 19438,265 FLORENCE DR
Harleysville, PA 19438,265 FLORENCE DR
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$410,000

$374,900

9.4%
Est.Price: ?

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Est. payment /mo

2,064 SqFt


SOLD DATE : 11/02/2023

Key Details

Sold Price $410,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,064 sqft

Price per Sqft $198

Subdivision Hunter Crest

MLS Listing ID PAMC2083826

Sold Date 11/02/23

Style Colonial

Abv Grd Liv Area 2,064

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $4,966

Tax Year 2023

Lot Size 9,275 Sqft

Acres 0.21

Lot Dimensions 69.00 x 0.00

Property Description

*UPDATE NOTE - DUE TO RECENT TRESPASSING AND HARASSMENT ISSUES - DO NOT GO TO THE PROPERTY WITHOUT AN APPOINTMENT! THERE IS SOMEONE STAYING IN THE LOWER LEVEL UNIT UNTIL THE CLOSING AND THEY HAVE ASKED FOR PRIVACY OUTSIDE OF SCHEDULED SHOWINGS!
THE POLICE WILL BE CALLED ON ANYONE FOUND WALKING AROUND THE YARD, LOOKING IN WINDOWS, OR ATTEMPTING TO ENTER THE PROPERTY WITHOUT AN APPOINTMENT.
AGENT MUST ACCOMPANY ANYONE GOING TO THE PROPERTY AND TIME SHOULD BE SCHEDULED THROUGH SHOWINGTIME.


INVESTORS STAND UP AND TAKE NOTICE! FIRST YEAR POSITIVE CASH FLOW - EXTREMELY RARE!

Why settle for only 10% annual rent to cost basis that BiggerPockets recommends when you can get 11% or more! Opportunities like this are extremely rare so when they pop up you MUST act fast. We priced this well below market due to the kitchens and baths being original from 1981. We factored in the possible cost to update to reach maximum value. In current condition both units could rent for about $1600/mo while the updated versions would rent as high as $2000/mo!

This amazing duplex includes two 2br/1ba rentals with approximately 1000sf of living space. Add to that they each have private, dry basement storage and an absolutely breathtaking yard and you can easily see why this will be the most sought after property on the market.

Built in 1981, this property sits quietly on 1/5th of an acre and offers solid rental capability in a neighborhood where the majority of properties are multi-family. Added bonus, the lower unit has a fully framed out extra room in the basement with electric that is ready to finish and turn into either a 3rd bedroom, an office, playroom, den, or workout space.

The roof was replaced in 2021 and the windows are approximately 10-15yrs old. Flooring has been updated throughout and both units will be freshly painted. Both units are FULLY ELECTRIC (public record says oil but this is wrong) and are separately metered. Don't miss this incredible opportunity!

Location

State PA

County Montgomery

Area Lower Salford Twp (10650)

Zoning RES-MULTI

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Oil

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway, On Street

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Souderton Area

Others

Tax ID 50-00-00575-131

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by John B. Trigg III • Keller Williams Real Estate-Montgomeryville
Bought with Alyce Gerhardt • Compass RE
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+1(443) 244-0155

ryan@revolhomes.com

980 Mercantile Dr, Hanover, MD, 21076, United States

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