$915,000
$900,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
4,072 SqFt
SOLD DATE : 02/09/2024
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $224
MLS Listing ID PAMC2091594
Sold Date 02/09/24
Style Colonial
Abv Grd Liv Area 4,072
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $13,371
Tax Year 2022
Lot Size 1.904 Acres
Acres 1.9
Lot Dimensions 182.00 x 0.00
Property Description
Nestled in the heart of Dresher, Pennsylvania, this captivating 4-unit complex stands as a testament to both history and modernity. Comprising two distinct live in buildings (plus a storage building) on a sprawling lot, this property offers a unique blend of residential charm and ample space.
The first building boasts three thoughtfully designed units, each featuring two bedrooms. The layout is crafted to provide comfortable living spaces, catering to the needs of a diverse range of residents. The second building holds a single, generously proportioned 4-bedroom unit, offering a more expansive living experience. And, a third building for storage.
One cannot help but be captivated by the rich historical significance that envelops this property. Each brick and corner tells a story, adding a layer of character that resonates throughout. Despite the passage of time, the complex has been meticulously maintained, a testament to the conscientious owners who have dedicated themselves to its preservation.
Situated on a notably large lot, this property not only provides a sense of spaciousness but also opens up possibilities for outdoor amenities or further development. The historic allure combined with the well-maintained condition creates a unique opportunity for those seeking a distinctive residential experience in the heart of Dresher.
Adding to this unique property, is a standalone building on the premises that presents additional versatility. This separate structure could serve a variety of purposes, ranging from storage facilities to potentially functioning as lockers for the convenience of the tenants.
The thoughtful consideration extends further with ample parking available for all residents. The provision of plentiful parking not only enhances the convenience of daily living but also underscores the commitment to providing a comfortable and practical living environment.
Whether you are drawn to the historic charm, the diverse unit configurations, or the expansive lot, this 4-unit complex stands as a testament to thoughtful design, conscientious ownership, and the enduring appeal of historic properties.
Lease Information:
Unit #1 - 2 bedroom - is currently at $1,800 a month - The lease ends 9/30/24
Unit #2 2 bedroom - is at $1,395 (under market rent) - Month to Month - Projected rent $1,800
- Unit #3 - 2 bedroom - is at $895 (long term tenant, way under market rent) - Month to Month - Projected rent $1,800
- Unit #4 - 4 bedroom is at $1,795 (under market rent) - Month to Month - Projected rent
$2,500 - $3,000
Current Monthly Rent Roll - $5,885 - Projected Rent Roll - $8,000 to $8,400
Features & Upgrades:
*4 - Rental Units
*Large Lot
*Plenty Of Parking
*Storage Area
*New(er) Roof(s) - 2022 & 2023
*Upper Dublin School District
*New Exterior Stairs (to unit #3) - 2023
*Roof Top Deck (unit #3)
*Privacy Fence (unit #3)
*Exterior Solar Lighting (by unit #2)
*Central Air - (unit #4 - only)
*French Drain
*(2) Sump Pumps
*Hot Water Heaters (3) - Newer
*House Heater (main building) - Buderus G215 (Bosch)
*Newer Appliances:
Unit#1 - Stacked washer/dryer
Unit#2 - Washer
Unit#3 - Refrigerator
Room Dimensions:
Measurements Are Very Close To Accurate
Unit #1 - 2 Bedroom
Living Room 15x13
Kitchen 11x11
Bedroom 12x10
Bedroom 12x11
Bathroom 8x7
Unit #2 - 2 Bedroom
Living Room 11x13
Dining Room 11x10
Kitchen 12x10
Bedroom 12x11
Bedroom 9x12
Bathroom 6x6
Unit #3 - 2 Bedroom
Living Room 15x12
Kitchen 17x11
Bedroom 12x11
Bedroom 15x12
Bathroom 9x6
Unit 4: - 4 Bedroom
Living Room 15x16
Dining Room 8x16
Kitchen 12x9
Laundry Room 8x6
Bedroom Master 12x13
Bedroom 12x12
Bedroom 12x10
Bedroom 11x9
Powder Room
Bathroom
Location
State PA
County Montgomery
Area Upper Dublin Twp (10654)
Zoning 1136 RES; QUADRAPLEX
Interior
Hot Water Electric
Heating Radiator, Baseboard - Electric
Cooling Window Unit(s), Central A/C
Fireplace N
Heat Source Oil
Exterior
Exterior Feature Deck(s), Patio(s)
Water Access N
Accessibility None
Porch Deck(s), Patio(s)
Garage N
Building
Foundation Brick/Mortar, Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Upper Dublin
Others
Tax ID 54-00-10075-005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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