Bought with Dino A D'Orazio • Keller Williams Real Estate-Blue Bell
$675,000
$675,000
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2,880 Sqft Lot
SOLD DATE : 02/15/2018
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Ambler
MLS Listing ID 1004392357
Sold Date 02/15/18
Style Other
HOA Y/N N
Year Built 1930
Annual Tax Amount $6,420
Tax Year 2017
Lot Size 2,880 Sqft
Acres 0.07
Lot Dimensions 36
Property Sub-Type Interior Row/Townhouse
Source TREND
Property Description
Attention investors, it is not often that a corner, turn key building comes along in a Beautiful downtown setting in Ambler. This property boast a gross income of over $66,000.00 per year, and carries very little expenses. All utilities are separate, except water, and most of tenants are very long term. With a 7% recapture rate, this one is a no brainer. Ambler offers some of the most luxurious housing and finest schools in the Metropolitan area. There are currently four commercial tenants, two residential tenants and four side by side and stacked parking spots. This amount of parking is currently grandfathered from the borough. The residential units are bilevel, and provide an immense amount of space. With a little sweat equity, these rents could double. Priced conservatively, and with very little inventory on the market, this property will not be on the market for long. Schedule your appointment today to see the best deal in Ambler. There is a list of income and expenses attached and recent buyers did inspections and they are attached also. Property is to be sold in "AS-IS" condition, and seller is firm on his price, It's already way under value!!
Location
State PA
County Montgomery
Area Ambler Boro (10601)
Zoning C
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Gas
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District Wissahickon
Others
Tax ID 01-00-00607-004
Ownership Fee Simple
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