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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $125
Subdivision None Available
MLS Listing ID 1002722800
Sold Date 12/22/15
Style Other
HOA Y/N N
Abv Grd Liv Area 1,800
Originating Board TREND
Year Built 1945
Annual Tax Amount $3,427
Tax Year 2015
Lot Size 0.413 Acres
Acres 0.41
Lot Dimensions 75
Property Description
Terrific cash flowing, 3 unit investment property with long term tenants who are willing to stay! Live in one and lease the other two apartments OR lease all 3 for $2,625 in monthly income! Tenants on Month-to-Month leases, the choice is up to you! Each unit is on its own electric meter and tenants pay their own electric. Electric heat is a tenant responsibility. 2 car off street parking spaces for each unit. Each apartment has a private entrance. Storage space available in the basement of each building. Owner has recently replaced the roof, siding and some flooring. Nice sized rear yard for tenant enjoyment. Main house consists of a large living room, a double bedroom which could be used as 2 bedrooms, another bedroom, a large kitchen with breakfast area, sliding glass doors to a rear covered deck, bathroom and washer/dryer. Second building consists of 2 apartments. Apartment A includes new flooring, a large living room, covered rear patio, bedroom, kitchen and bathroom. Apartment B offers a huge living room, 2 bedrooms and an eat in kitchen. Room in the basement for Washer/Dryer for each unit, or install a coin operated W/D for additional income. Leases available upon request. Take a look at the numbers- you won't find a better cap rate in this area!
Location
State PA
County Montgomery
Area Hatfield Twp (10635)
Zoning RA1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Electric
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl, Laminated
Fireplace N
Window Features Replacement
Heat Source Electric
Laundry Washer In Unit
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools North Penn Senior
School District North Penn
Others
Tax ID 35-00-09910-009
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Jeffrey Snyder • Gerald W Snyder & Associates Inc
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327