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Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $219
MLS Listing ID PAMC2068212
Sold Date 09/28/23
Style Colonial
Abv Grd Liv Area 2,554
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,523
Tax Year 2022
Lot Size 8,825 Sqft
Acres 0.2
Lot Dimensions 50.00 x 0.00
Property Description
***Awesome Investment Property*** Four rental units consisting of (2) 3 BR units, and 1 BR unit and a large 2 car garage. Annual rental income is $57,840 with tenants paying all utilities with the exception of trash removal. Shared laundry facilities are conveniently located on site, in the basement. Well maintained investment with an excellent rental history. Several recent upgrades to note, including a complete renovation of the one-bedroom unit as well as new vinyl siding on the 2 car garage. The building boasts character- with a solid brick exterior and a large front porch.
Unit #1 pays $1550 per month and is month to month; Unit #2 pays $1550 per month and expires 7/31 but month to month after that; Unit #3 is $1345 per month and lease expires 11/30; Garage tenant pays $375 per month and is month to month. Landlord pays house meter electric.
Location
State PA
County Montgomery
Area Telford Boro (10622)
Zoning R - TRIPLEX
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water & Baseboard - Electric
Cooling None
Heat Source Natural Gas
Exterior
Garage Garage Door Opener, Oversized
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Brick/Mortar
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 22-02-01318-008
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with David Curry • RE/MAX Legacy