$525,000
$665,000
21.1%For more information regarding the value of a property, please contact us for a free consultation.
1.91 Acres Lot
SOLD DATE : 09/13/2016
Key Details
Sold Price $525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002646230
Sold Date 09/13/16
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $13,207
Tax Year 2016
Lot Size 1.910 Acres
Acres 1.91
Lot Dimensions 148
Property Description
NEW PRICE ADJUSTMENT ON SPECTACULAR LANDMARK PROPERTY IN SKIPPACK VILLAGE! VALUE ADD OPPORTUNITY THROUGH RAISING RENTS AND REPOSTIONING! This is a rare opportunity to purchase an architectural gem located in Skippack Village! Distinguished property built in the 1920's offers brick construction with four luxury apartments consisting of 18 rooms total and exemplifies the quality craftsmanship of the era. Each Large Luxury two bedroom apartment has individual 40 gallon hot water heater, individual metered oil tanks, kitchens with granite and new appliances, hardwood flooring underneath carpeting, downstairs apts w/washer/dryers, freshly painted, New windows installed and Newer roof. Situated on approximately 1.9 acres with Village Commercial Zoning. This magnificent property has enough land area to build additional professional offices, retail, fitness center, restaurant, Bed & Breakfast are just some of the uses. Excellent signage available on highly traveled Route 73 - Skippack Pike. Natural Gas is available at the street. Potential for 5 car garage. All tenants on month-to-month leases. Current rents are way below market value - instant repositioning will increase the value of the asset and the income! Great Opportunity and Value in a very desirable Walk to Skippack Location. Priced for Quick Sale - Call for details AND TO MAKE AN OFFER!
Location
State PA
County Montgomery
Area Skippack Twp (10651)
Zoning VC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil
Flooring Wood, Carpet
Fireplace N
Heat Source Oil
Exterior
Utilities Available Sewer Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Pitched
Accessibility None
Road Frontage State
Garage N
Building
Building Description Plaster Walls, Fencing,Fire Escape
Foundation Stone
Sewer Public Sewer
Water Well
Structure Type Plaster Walls
New Construction N
Schools
School District Perkiomen Valley
Others
Tax ID 51-00-03277-002
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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