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900 N Park Avenue

WORCESTER, PA 19490
  • $900,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: PAMC2048692
UPDATED: 59 min ago
$900,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1847
County:

School Ratings & Info

School District:

Description

Located in the highly desirable Methacton school district and just off Germantown Pike, you will not want to miss seeing this unique 4 UNIT MULTIFAMILY with GARAGE ACCESS to approximately 3,000 SF of INDUSTRIAL/WAREHOUSE space. One of the multifamily units and the warehouse space is currently owner occupied. You can either live in one unit and use the commercial warehouse for your own personal/business needs OR lease out the entire building. The 4 multifamily units are comprised of one 3bed/2 bath unit, one 2 bed/1bath unit, and two 1 bed/1bath units. All units are extremely spacious and have their own private decks. There is a parking lot with 5 parking spaces and also street parking in front of the building. Assuming market rent for the owner occupied multifamily unit and industrial/ warehouse, the property is operating with an income of $97,800/year, expenses of $19,641/year, resulting in a 8.7% cap rate. Lots of potential here! Rents are currently under market and there is potential to increase rents and achieve a minimum 9.8% cap rate. Easy access to route 422, 202, and Germantown Pike. Property is being sold in AS-IS condition.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T23:50:00.787.
www.mynjhomesearch.net/homes/132164010
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900 N Park Avenue WORCESTER, PA 19490

  • Price: $900,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 59 min ago
  • MLS #: PAMC2048692
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1847
Built
Neighborhood:
Worcester Twp (10667)
County:
Montgomery
Area:
Worcester Twp (10667)
School District:
Methacton
Property Description
Located in the highly desirable Methacton school district and just off Germantown Pike, you will not want to miss seeing this unique 4 UNIT MULTIFAMILY with GARAGE ACCESS to approximately 3,000 SF of INDUSTRIAL/WAREHOUSE space. One of the multifamily units and the warehouse space is currently owner occupied. You can either live in one unit and use the commercial warehouse for your own personal/business needs OR lease out the entire building. The 4 multifamily units are comprised of one 3bed/2 bath unit, one 2 bed/1bath unit, and two 1 bed/1bath units. All units are extremely spacious and have their own private decks. There is a parking lot with 5 parking spaces and also street parking in front of the building. Assuming market rent for the owner occupied multifamily unit and industrial/ warehouse, the property is operating with an income of $97,800/year, expenses of $19,641/year, resulting in a 8.7% cap rate. Lots of potential here! Rents are currently under market and there is potential to increase rents and achieve a minimum 9.8% cap rate. Easy access to route 422, 202, and Germantown Pike. Property is being sold in AS-IS condition.
Exterior Features

Architectural Style Other Construction Materials Other Garage YN No Other Structures Above GradeBelow Grade Parking Types On StreetParking Lot Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Other Foundation Details Other Heating Fuel Oil Hot Water Electric Municipality Worcester Twp Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801799458240 Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Quadruplex Sale Type Standard Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 7334.00 Tax Assessment Amount 203640.00 Tax Lot 58 Vacation Rental YN No Water Source Private Zoning Agr

Listing courtesy of Keller Williams Real Estate-Blue Bell: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T23:50:00.787.
 
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