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Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $163
Subdivision Belmont Hills
MLS Listing ID 1002071060
Sold Date 09/14/18
Style Other
HOA Y/N N
Abv Grd Liv Area 3,000
Originating Board TREND
Year Built 1951
Annual Tax Amount $4,295
Tax Year 2018
Lot Size 3,690 Sqft
Acres 0.08
Lot Dimensions 36
Property Description
Live in one, rent the others! Beautiful, profitable, and well-maintained Triplex with 6-car parking lot on a corner lot in the heart of Belmont Hills and Lower Merion School District. First floor has: One large 4-bedroom apartment and Two bath, Two kitchen, and two living room. Second floor has: two apartments that have 2-bedroom 1 bath apartment. Each unit is metered separately for gas and electric There is an extra-large basement in the building that can serve as storage space and washer/dryer are included. Also partial of the basement was converted to extra living space. There is a cedar storage room in the back patio that can be leased to one of the tenants for an additional income. Major capital improvements in the last three months including NEW remodeled kitchen (first floor apartment), NEW ceramic and carpet flooring (first floor apartment), NEW appliances (first floor apartment). NEW main doors (second & third apartments) Each unit is metered separately for gas and electric. The property had the same owner for more than 20 years. The property is one of the few properties in Belmont Hills zoned commercial as the property was a grocery store more than 30 years ago. Jump on this incredible opportunity perfect for an investor and home-owner occupant! The property is located in Lower Merion School District in 19004 which was recently rated as one of the wealthiest zip codes in the Nation. Within walking distance to Main Street Manayunk and multiple transportation sources, Septa Bus and Regional Rail. GREAT INVESTMENT. STRONG INCOME AS ALL UNITS RENTED TILL 2019
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning C1
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Electric, Hot Water, Baseboard, Zoned
Cooling Wall Unit
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Window Features Energy Efficient
Heat Source Natural Gas, Electric
Laundry Washer In Unit, Dryer In Unit, Common
Exterior
Garage Spaces 5.0
Utilities Available Cable TV Available
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 5
Garage N
Building
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Belmont Hills
Middle Schools Welsh Valley
High Schools Harriton Senior
School District Lower Merion
Others
Tax ID 40-00-02216-003
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Carlos Masip • EXP Realty, LLC