Willow Grove, PA 19090,204 SUMMIT AVE

$345,000

$399,900

13.7%
Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 02/22/2017

Key Details

Sold Price $345,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1003454677

Sold Date 02/22/17

Style Other

HOA Y/N N

Originating Board TREND

Year Built 1925

Annual Tax Amount $4,824

Tax Year 2017

Lot Size 0.344 Acres

Acres 0.34

Lot Dimensions 100

Property Description

Excellent Investment Opportunity! This property is a fully leased Investment property conveniently located to Willow Grove Mall, Giant Food Store and Public Transportation. This is a 5 unit building with three 2 bedroom apartments, two 1 bedroom apartments and a leased 3 car garage. There is a newer state of the art gas fired boiler supplying heat to the 5 units. This system has a feature that can be added to control heat remotely. There is also a wrap around porch and nice yard for tenants enjoyment. The garages are leased at $595 per month (Month to month) and reflected in the total income. There is a laundry hook up in the basement which has the potential for a coin operated laundry system. Basement is accessed by an outside exit. There is ample parking in the rear of property.

Location

State PA

County Montgomery

Area Upper Moreland Twp (10659)

Zoning R4

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance

Interior

Hot Water S/W Changeover

Heating Gas, Hot Water

Cooling None

Flooring Fully Carpeted, Tile/Brick

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Garage Spaces 8.0

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Flat,Shingle

Accessibility None

Parking Type Parking Lot, Detached Garage

Total Parking Spaces 8

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

Elementary Schools Upper Moreland

Middle Schools Upper Moreland

High Schools Upper Moreland

School District Upper Moreland

Others

Tax ID 59-00-16519-009

Ownership Fee Simple

Acceptable Financing Conventional, VA, FHA 203(b)

Listing Terms Conventional, VA, FHA 203(b)

Financing Conventional,VA,FHA 203(b)

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Bright MLS (BMLS)
Listed by Robert F Felte Jr • Felte Real Estate
Bought with Jennifer Rappaport • RE/MAX Central - Blue Bell
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