1525 Farmington Avenue

    POTTSTOWN, PA 19464
    • $499,900
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: PAMC614110
    Open House
    UPDATED: 19 min ago
    $499,900
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    School District:
    Open House: 9/22 2:00 PM to 4:00 PM

    Description

    Unique and lucrative investment opportunity in Upper Pottsgrove Township, Montgomery County, Pa. This is a residential property with two commercial rental units on .79 acres. Home is currently occupied by the owners, however conservative rental estimate for the residential home is $1750./month, plus a detached building, that contains a home oil delivery service office (no trucks stored on site) which brings in $800./month, and an adjoining body shop, that brings in $2000./month. All leases are month to month. Gross income is $2800./month, with the potential for a monthly income of $4550./month, OR MORE, if the residential home was to be rented. Home owner currently pays for snow removal, trash removal, ground maintenance, and property taxes. Property will also be listed as a residential home and a commercial property as well. Don~t miss the terrific investment opportunity.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-19T21:54:09.783.
    www.charisrealtygroup.com/homes/95926583

    1525 Farmington Avenue POTTSTOWN, PA 19464

    • Price: $499,900
    • Status: Active
    • Updated: 19 min ago
    • ID#: PAMC614110
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    1960
    Built
    Neighborhood:
    Cherry Tree Farms
    County:
    Montgomery
    Area:
    Upper Pottsgrove Twp (10660)
    School District:
    Pottsgrove
    Property Description
    Unique and lucrative investment opportunity in Upper Pottsgrove Township, Montgomery County, Pa. This is a residential property with two commercial rental units on .79 acres. Home is currently occupied by the owners, however conservative rental estimate for the residential home is $1750./month, plus a detached building, that contains a home oil delivery service office (no trucks stored on site) which brings in $800./month, and an adjoining body shop, that brings in $2000./month. All leases are month to month. Gross income is $2800./month, with the potential for a monthly income of $4550./month, OR MORE, if the residential home was to be rented. Home owner currently pays for snow removal, trash removal, ground maintenance, and property taxes. Property will also be listed as a residential home and a commercial property as well. Don~t miss the terrific investment opportunity.
    Exterior Features

    Architectural Style Traditional Construction Materials BrickStick Built Door Features French Exterior Features Exterior LightingOutbuilding(S) Garage YN No Location Type Suburban Lot Features ClearedFront YardIrregularLandscapingLevelNot In DevelopmentOpenRear YardRoad FrontageSideyard(S) Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayPaved ParkingPrivate Parking Types DrivewayOff Street Patio And Porch Features Patio(S) Pool No Pool Property Condition Shows WellTurn Key Riparian Rights YN No Road Surface Type Access - On GradeApprovedBlack TopPaved Roof Asphalt Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Appliances DishwasherDryer - ElectricMicrowaveOven - Self CleaningRefrigeratorWasherWater Heater Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN Yes Fireplaces Total 1 Heating Hot Water Heating YN Yes Interior Features Ceiling Fan(S)Floor Plan - TraditionalFormal/Separate Dining RoomKitchen - GalleyStall ShowerStore/OfficeWindow TreatmentsWood Floors Security Features Security System Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0

    Property Features

    Acceptable Financing CashConventional Accessibility Features Level Entry - Main Assessment Year 2019 Association YN No Central Air YN Yes Cooling Fuel Electric Cross Street Route 100 Existing Lease Type Month To Month Foundation Details Block Heating Fuel Oil Hot Water Oil Incorporated City Name Upper Pottsgrove Twp Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Original MLSNumber 301796988922 Owner Pays Snow RemovalTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 8074.0 Tax Assessment Amount 176630.0 Tax Lot 031 Total Actual Rent 2800.00 Vacation Rental YN No Water Source Public Window Features Bay/Bow Zoning Mixed Use

    Listing courtesy of Re/Max Of Reading.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-19T21:54:09.783.
     
    Charis Realty Group
    1896 Urbana Pike, Suite 6
    Clarksburg MD, 20871