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3761 GERMANTOWN PIKE Collegeville, PA 19426
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Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003144341
Sold Date 03/31/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1870
Annual Tax Amount $8,765
Tax Year 2017
Lot Size 1.480 Acres
Acres 1.48
Lot Dimensions 148
Property Description
All six units have been privately rented out since 1987, with long term (5+years) tenants that would prefer to continuing renting. The first floor rear, three bedroom, 2 bath unit is a must see. It feels like you are in a cabin in the mountains. There is a lot of natural light, 13 ft. ceilings, huge private deck that is a great place to enjoy sitting outside while taking in nature and the quiet surroundings. Walk up the observation deck to view Evansburg State Park. This is the only unit that has oil heat and has a private laundry room. All units are well under fair market rent. There is a huge potential to increase your net operating income. Coin operated washer/dryer makes $100+ a month at $1 a load, that has not been raise in 7 years. Increase your cash flow by renting out the nice size shed and/or carport. Large private lot that backs up to Evansburg State Park. Huge upside potential with this Six Unit in Methacton School District, in a PRIME location! Plenty of parking. Character, charm, and a great investment opportunity with excellent income.
Location
State PA
County Montgomery
Area Lower Providence Twp (10643)
Zoning VC
Rooms
Other Rooms Primary Bedroom
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Oil, Gas, Electric
Cooling None
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Oil, Natural Gas, Electric
Laundry Common
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public, Well
Architectural Style Other
New Construction N
Schools
Middle Schools Arcola
High Schools Methacton
School District Methacton
Others
Tax ID 43-00-05341-007
Ownership Fee Simple
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Bought with William Deery • Coldwell Banker Realty