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Key Details
Sold Price $797,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Flourtown
MLS Listing ID 1003474479
Sold Date 07/15/16
HOA Y/N N
Originating Board TREND
Year Built 1741
Annual Tax Amount $9,026
Tax Year 2016
Lot Size 10,600 Sqft
Acres 0.24
Lot Dimensions 96
Property Description
A terrific & unique opportunity to own a great income producing property in the suburban community of Flourtown. The property has been well maintained with many improvements made over the years. Windows, heaters, hot water heaters, electric service updates just to name a few updates. There are 2 buildings on one parcel. The first building 1501-1503 Bethlehem Pike consists of a large first floor jewelry store with gas hot air heat & hot water. Tenant pays electric, gas & water. The second floor office has its own entrance is currently unoccupied. There are 3 offices, 2 large storage rooms & a powder room. The second floor office is freshly painted, carpeted & has gas heat. Tenant pays gas & electric. This building has been recently rehabbed on the outside with new stucco. The second building 1505-1509 Bethlehem Pike has a large antique shop on the first floor w/gas hot air heat. Tenant pays electric & gas. There is a second storefront that was just recently rehabbed for the present tenant. It has gas hot air heat. Tenant pays electric & gas. There is a separate entrance for the three apartments. There is a beautiful, large 2BR apartment with a great kitchen on the second floor w/gas hot water heat. Tenant pays electric & gas. There is a smaller 1 bedroom apartment w/gas hot water heat,just rented with a 1 year lease. Tenant pays electric & gas. The third floor, 1 BR apartment has a unique open floor plan with plenty of living space & room for storage. It has an electric heat pump that provides heat & AC.There is also a parking lot behind the building that has an easement for 2 other properties. Showings are arranged with 48 notice preferred. Please do not enter the buildings without a scheduled appointment out of respect for the tenants,1501-03 Bethlehem Pike 1st floor: $1,600/mo 2nd floor offices: $1,200/mo projected 1505-09 Bethlehem Pike 1st floor Antiques: $1,300/mo 1st floor Office: $700/mo 2nd floor: 2 BR apt: $1,200/mo 1 BR apt: $875/mo 3rd floor: 1 BR apt: $800/mo
Location
State PA
County Montgomery
Area Springfield Twp (10652)
Zoning B2
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas, Electric
Cooling Central A/C
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Springfield Township
Others
Tax ID 52-00-01633-007
Ownership Fee Simple
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Bought with Colin T Good • Keller Williams Main Line