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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $208
MLS Listing ID PAMC2105190
Sold Date 07/17/24
Style Colonial
Abv Grd Liv Area 1,920
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $4,518
Tax Year 2024
Lot Size 9,500 Sqft
Acres 0.22
Lot Dimensions 50.00 x 190
Property Description
Duplex with 1 owner since 1989, and has had consistently rented the home. Gross income was $28,200 last year. Roof was installed 2013; Each unit has a private basement with washer/dryer hookups and access to a split shed (5' x 7' space each) for storage.
Unit A (Main Level) new sump pump Feb 2016; is $1100 per month lease expires Jan 31, 2025. The current property management advised raising the rent to $1300 but the landlord allowed the rent to stay at $1100 since the tenant has been there 9 years without any problems.
Unit B (Upstairs) - Freshly painted; New kitchen floor; Brand new electric stove. New sump pump 2024; 3 year old water heater; Heat Pump 2018; Apt B is $1250 per month and lease expires Dec 31, 2024 (property management said we could get $1450 for this unit in the future).
Boro picks up Trash/recycling included with taxes; Separate meters for electric. Tenants handle snow removal; Owner responsible for grass cutting.
Location
State PA
County Montgomery
Area Red Hill Boro (10617)
Zoning RES
Rooms
Basement Full
Interior
Interior Features Carpet, Kitchen - Eat-In
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Central A/C
Flooring Carpet, Vinyl
Equipment Dishwasher, Oven/Range - Electric
Fireplace N
Appliance Dishwasher, Oven/Range - Electric
Heat Source Electric
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Driveway
Total Parking Spaces 3
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Marlborough
Middle Schools Upper Perkiomen
High Schools Upper Perkiomen
School District Upper Perkiomen
Others
Tax ID 17-00-00955-009
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Monica Clauss • Keller Williams Real Estate-Langhorne
"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."
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