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Key Details
Sold Price $134,020
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,369 sqft
Price per Sqft $39
MLS Listing ID PAMC374140
Sold Date 11/25/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $6,648
Tax Year 2020
Lot Size 9,000 Sqft
Acres 0.21
Lot Dimensions 60' x 150'
Property Description
2 story commercial triplex available. Great affordable investment opportunity! First floor is split in to two spaces. One is a real estate office and the other was used as a dentist office. The latter is currently vacant and would be well suited for a multitude of uses. Perfect investment for a owner occupier. The second floor is a sizable 2 bedroom apartment that is currently occupied. All tenants are on a month to month lease. Fully rented, this property should yield a respectable cap rate. High traffic counts, walkable to public transportation, easy access to Ridge Pike, Germantown Pike, RT 202, I-476, I-76 and the turnpike.Although property is zoned commercial, it is possible to convert this to a single family home. It would however be buyer's due diligence to contact East Norriton Township to determine what's allowable. Property is being sold as is. Seller will make no repair. Buyer is responsible for all certs and U & O.
Location
State PA
County Montgomery
Area East Norriton Twp (10633)
Zoning C
Direction South
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water, Forced Air
Cooling Wall Unit, Central A/C
Flooring Carpet, Tile/Brick
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Roof Type Shingle,Asphalt
Accessibility Doors - Lever Handle(s)
Parking Type Driveway, Parking Lot
Total Parking Spaces 10
Garage N
Building
Lot Description Front Yard, Landscaping, Private
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 33-00-04660-005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Vladimir Gabrieliants • Dan Realty
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