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Key Details
Sold Price $485,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Norristown
MLS Listing ID 1002474692
Sold Date 11/28/16
HOA Y/N N
Originating Board TREND
Year Built 1950
Annual Tax Amount $11,942
Tax Year 2016
Lot Size 0.874 Acres
Acres 0.87
Lot Dimensions 135
Property Description
Just Listed! Huge upside potential with this 6 Unit + Shop/garage in Methacton School District, in a PRIME location! All 6 units currently rented and shop is vacant, once rented see your Cap Rate Increase! All units w/ private entrances, plenty of parking, lots of storage, endless possibilities w/ shop/garage. New windows throughout most of the units. Property has been lovingly maintained through the years by the owners, for more information please see attached documents. *Washer/dryer in 1st floor unit of home. Other units do not have laundry.
Location
State PA
County Montgomery
Area Lower Providence Twp (10643)
Zoning GC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil, Natural Gas
Flooring Wood, Carpet, Vinyl, Laminated
Fireplace N
Heat Source Oil
Exterior
Water Access N
Roof Type Pitched
Road Frontage Boro/Township
Garage N
Building
Building Description Paneled Walls,Other, Auto Bay,Ceiling Fans
Sewer Public Sewer, On Site Septic
Water Public
Structure Type Paneled Walls,Other
New Construction N
Schools
School District Methacton
Others
Tax ID 43-00-11977-004
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Cheryl Korkus • Coldwell Banker Realty