$820,000
$849,900
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2,612 SqFt
SOLD DATE : 05/25/2023
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $313
MLS Listing ID PAMC2066166
Sold Date 05/25/23
Style Traditional
Abv Grd Liv Area 2,612
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,014
Tax Year 2022
Lot Size 1,725 Sqft
Acres 0.04
Lot Dimensions 22.00 x 0.00
Property Description
Do not miss out on the opportunity to add this income-producing quadruplex to your portfolio! Located in the heart of Conshohocken Borough, this fully leased property offers nicely renovated and well-maintained units. Unit 1 is a 1 bedroom 1 bathroom apartment; Unit 2 is an approximately 450 sq ft studio with a large built-in cabinet that hides a murphy bed; and Units 3 and 4 have matching floor plans with 2 bedrooms and 1 full bathroom. The kitchens in all units are updated and modern. In-unit washer/dryer is available in all units. This property's rental history is superb, and has been tenant-occupied year after year! This building presents a phenomenal investment value with an estimated net operating income of $57,002 and a 6.7% cap rate! The location of this property cannot be beat! Located within walking distance of the train station and all the restaurants and bars that Conshohocken has to offer! Also just a short drive to all major routes including 476, 76, and the Turnpike!
Location
State PA
County Montgomery
Area Conshohocken Boro (10605)
Zoning R
Rooms
Basement Full
Interior
Interior Features Built-Ins, Recessed Lighting, Combination Kitchen/Living, Stall Shower, Upgraded Countertops, Family Room Off Kitchen, Walk-in Closet(s), Tub Shower, Floor Plan - Open
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air, Wall Unit
Cooling Window Unit(s)
Flooring Tile/Brick, Partially Carpeted, Carpet, Ceramic Tile, Luxury Vinyl Plank
Equipment Built-In Microwave, Washer, Dryer, Oven/Range - Electric, Water Heater, Stainless Steel Appliances, Freezer, Refrigerator
Appliance Built-In Microwave, Washer, Dryer, Oven/Range - Electric, Water Heater, Stainless Steel Appliances, Freezer, Refrigerator
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,9'+ Ceilings
New Construction N
Schools
School District Colonial
Others
Tax ID 05-00-05188-009
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Christopher C Romano • Keller Williams Real Estate-Conshohocken
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "