$795,000
$849,900
6.5%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 09/08/2015
Key Details
Sold Price $795,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003467049
Sold Date 09/08/15
HOA Y/N N
Originating Board TREND
Year Built 1900
Annual Tax Amount $18,659
Tax Year 2015
Lot Size 0.324 Acres
Acres 0.32
Lot Dimensions 223
Property Description
GREAT 12 UNIT APARTMENT BUILDING ? TENANTS PAY HEAT!! Fabulous Turnkey investment opportunity in Souderton Borough with a great rental history and convenient location with a short walk to many stores and dining. This 12 unit, solid brick apartment building has several tenants that have been there for many years. There are 5 units - 1 bedroom/1 bath, 5 units 2 bedroom/1 bath and 1 unit 2 bedroom/2 bath and 1 unit efficiency. Most units are below market rents, and should be increased, a tremendous upside potential. When a vacancy has occurred, the apartments are very quickly rented for market rent. The owner has maintained the buildings throughout the years. It has a common off street parking lot and coin operated laundry facilities. Located on Rt. 113 (Main St.) in the center of Souderton and is conveniently located close to public transportation and major routes 309, 463, 63, 202 and easy access to both Quakertown and Montgomeryville and just minutes from the PA Turnpike. Call listing agent for an offering memorandum package.
Location
State PA
County Montgomery
Area Souderton Boro (10621)
Zoning C1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Fireplace N
Exterior
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Road Frontage State
Garage N
Building
Building Description Other, Fire Alarm,Fire Escape
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Souderton Area
Others
Tax ID 21-00-04636-005
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Nathan L Clemmer • BHHS Fox & Roach - Harleysville
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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