$490,000
$499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
7,424 Sqft Lot
SOLD DATE : 07/23/2019
Key Details
Sold Price $490,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC372492
Sold Date 07/23/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $10,320
Tax Year 2018
Lot Size 7,424 Sqft
Acres 0.17
Property Description
This is your Opportunity!! Own 2 income producing entities. Currently a popular, local restaurant with a 20' X 20' outdoor deck , large completely equipped kitchen that you can take over, do over, or change to another commercial entity. The other is a 3+ unit apartment house with positive cash flow. The units are large, and beautifully rehabbed and maintained.Current Cap Rate approximately 10. See P&L in the document list.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning C3
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Others
Tax ID 31-00-21823-007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jeffrey Parkins • BHHS Fox & Roach-Jenkintown
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "