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Key Details
Sold Price $173,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Rahns
MLS Listing ID 1002649772
Sold Date 08/29/16
HOA Y/N N
Originating Board TREND
Year Built 1889
Annual Tax Amount $3,978
Tax Year 2016
Lot Size 9,600 Sqft
Acres 0.22
Lot Dimensions 60
Property Description
Unique investment. Remodeled building housing commercial space on first floor currently leased by a Pizza Shop. In addition, there is a three bedroom apartment on second and third floors. Entire building was rewired and renovated in 2004, with plenty of parking and newer gas heater. First floor tenant pays all common area maintenance. This is a great opportunity with a 10% cap rate! In addition the adjacent building at 109 Gravel Pike is also for sale. The possibilities increase with the option to buy as a package deal. The value is only going to increase in this spot! Please do not inquire with the Pizza Shop regarding the real estate for sale.
Location
State PA
County Montgomery
Area Perkiomen Twp (10648)
Zoning VCR
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Garage N
Building
New Construction N
Schools
School District Perkiomen Valley
Others
Tax ID 48-00-01102-002
Ownership Fee Simple
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Bought with John J Meulstee • Long & Foster-Doylestown2
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