$705,000
$795,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 05/31/2018
Key Details
Sold Price $705,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1000271723
Sold Date 05/31/18
HOA Y/N N
Originating Board TREND
Year Built 1948
Annual Tax Amount $16,168
Tax Year 2018
Lot Size 0.306 Acres
Acres 0.31
Lot Dimensions 100
Property Description
Great opportunity to own a 9 unit , mixed use , investment property! There are 7 apartments, a professional office and large 5 bay garage (which could be split up for multiple tenants) with 2 mezzanine storage areas.This is a unique and well maintained property that will produce excellent return on your investment for years to come. In addition to the commercial space, there are five (5) 800 sq ft units, one (1) 600 sq ft unit and a 1600 sq ft , 4 bedroom apartment. Four of the apartments were recently added to the structure which include newer central air, gas heaters, appliances, separate meters for gas /electric/water , plus off street parking. Roof is approximately 10 yrs old (30 yr asphalt shingle). There is also upgraded electric throughout and a sprinkler system.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R2
Direction North
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas, Electric
Cooling Central A/C
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-33200-006
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Christine L Lee • Premium Realty Group Inc
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”