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Key Details
Sold Price $614,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $166
Subdivision Oreland
MLS Listing ID 1000396472
Sold Date 09/21/18
Style Other
HOA Y/N N
Abv Grd Liv Area 3,690
Originating Board TREND
Year Built 1960
Annual Tax Amount $8,882
Tax Year 2018
Lot Size 8,100 Sqft
Acres 0.19
Lot Dimensions 60
Property Description
Beautifully maintained quadraplex conveniently located within walking distance of the Oreland Septa Train Station. From there, it is a 33 minute ride to Center City. From a driving vantage point, you are minutes away from the 309 Expressway, Pennsylvania Turnpike (Ft. Washington Entrance/Exit) and the Mid-County entrance to the Blue Route. The building has an attractive stucco exterior, a hip roof and the convenience of four one car garages, with electric door openers. There is a full basement with four washers and dryers for the tenants' use. Three of the apartments have been completely remodeled, with new carpeting and kitchens. The baths and kitchens have ceramic tile floors, and the carpeting has hardwood floors underneath. The tenants all have a record of paying on time and they have lived in the property for years. The tenants have signed leases with an automatic 2% increase in rent per annum. The tenants pay their own utilities with the exception of the sewer bill. All apartments have central air conditioning. The pleasant neighborhood helps with tenant retention. There is a Pizza Shop, Hardware Store, Bank, Gas Stations, Post office and various shops.
Location
State PA
County Montgomery
Area Springfield Twp (10652)
Zoning B1
Direction East
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling Central A/C
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Window Features Energy Efficient,Replacement
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Garage Door Opener
Garage Spaces 8.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched
Accessibility None
Parking Type Attached Garage, Other
Attached Garage 4
Total Parking Spaces 8
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Enfield
Middle Schools Springfield Township
High Schools Springfield Township
School District Springfield Township
Others
Tax ID 52-00-02533-007
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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Bought with Christine L Lee • Premium Realty Group Inc