Royersford, PA 19468,102 2ND AVE
Royersford, PA 19468,102 2ND AVE
Royersford, PA 19468,102 2ND AVE
Royersford, PA 19468,102 2ND AVE
Royersford, PA 19468,102 2ND AVE
Royersford, PA 19468,102 2ND AVE
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$250,000

$270,000

7.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,080 SqFt


SOLD DATE : 01/24/2017

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,080 sqft

Price per Sqft $81

Subdivision None Available

MLS Listing ID 1003481429

Sold Date 01/24/17

Style Other

HOA Y/N N

Abv Grd Liv Area 3,080

Originating Board TREND

Year Built 1880

Annual Tax Amount $5,165

Tax Year 2016

Lot Size 8,160 Sqft

Acres 0.19

Lot Dimensions 60

Property Description

Your opportunity to own an quality 3 unit investor seasoned and well built solid Brick Farmhouse style property with a high capitalization rate in Royersford has arrived. Locally known the Brick Castle, surrounded by a 8 foot stone castle wall, this property has great curb appeal and sitting high off the street gives it a stately appearance and privacy that's unmatched in town. Having a completely fenced in yard on top of that is a big plus for safety and security. Offering an ADA ramp property entrance and accessibility to two of the units, it is a great addition for wheelchair accessibility. Ever want to have someone else pay your mortgage and live for free? Well you can here and have a beautiful home that the tenants pay your monthly mortgage and you still have income left to pocket each month. This property offers a new owner positive cash flow from day one and if profits are used to pay down principal mortgage, you're paid off in 7 years and bringing 33,000 in additional income for the balance of your ownership, pretty sweet deal for someone who recognizes the opportunity. This property has had continuous ownership that has separated all electrical utilities, which means your getting a well maintained, well oiled cash producing machine with a great rental history and low owner paid expenses, which equals a great real estate investment. Here is what you'll get: All 3 units have completely updated kitchen and baths, plumbing and electric, new paint and newer carpet. All units have a separate entrances from the gated yard. Each unit has separate electric and heat. There is common area laundry in the basement, in addition to Unit #3 having it's own laundry room. This property has been professionally appraised and priced to sell quickly. You are strongly encourage you schedule an appointment before someone else gets this great investment first. This is a cash flow machine, don't let this investor opportunity pass you by.

Location

State PA

County Montgomery

Area Royersford Boro (10619)

Zoning R3

Direction South

Rooms

Other Rooms Primary Bedroom

Basement Partial, Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Oil, Electric, Hot Water, Baseboard

Cooling None

Flooring Fully Carpeted, Vinyl, Tile/Brick

Fireplace N

Window Features Replacement

Heat Source Oil, Electric

Laundry Dryer In Unit, Common, Has Laundry

Exterior

Fence Other

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Shingle

Accessibility Mobility Improvements

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Royersford

Middle Schools Spring-Ford Ms 8Th Grade Center

High Schools Spring-Ford Senior

School District Spring-Ford Area

Others

Tax ID 19-00-02952-008

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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Bright MLS (BMLS)
Listed by James A Harner • Keller Williams Realty Group
Bought with Patricia Tabor • Long & Foster Real Estate, Inc.
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