64 N YORK RD Active

Willow Grove,PA 19090

$ 450000

- Bed

- Bath

3114 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,114 sqft

Price per Sqft $144

MLS Listing ID PAMC2078326

Style Traditional

Abv Grd Liv Area 3,114

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,802

Tax Year 2024

Lot Size 3,600 Sqft

Acres 0.08

Lot Dimensions 25.00 x 0.00

Property Description

64 N York Rd is a 3 story, well maintained, mixed use property, with storefront. This one may be the best income producer in any investors portfolio. Located in the heart of Willow Grove and walking distance to train, bus, WG Mall, restaurants and more. Exterior is vinyl sided. First floor is the storefront space plus a 1BR, 1Bath unit in the rear. 2nd and 3rd floors are similar to each other. Each floor is a 3 BR with a common kitchen and bathroom. The 6 total bedrooms on both the 2nd and 3rd floors are rented by the room sharing a kitchen and bathroom on each floor. The 2nd floor features access to a large, covered deck. The property , in its current condition has an annual income of >$63,000 when fully occupied. Gross Rent Multiplier for comparable sales with the same income is about 10.0. This property makes even more sense when packaged with 60 Cherry St (MLS# PAMC2078386), which is bordering its rear boundary. Schedule to see both and start earning. Easy to show.

Location

State PA

County Montgomery

Area Upper Moreland Twp (10659)

Zoning MIXED

Interior

Hot Water Electric

Heating Hot Water,Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Upper Moreland

Others

Tax ID 59-00-19510-006

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional,Seller Financing

Listing Terms Cash,Conventional,Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

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