Don't miss this great opportunity. * * * A Cash Cow! * * * A corner lot location featuring 5 residential untits plus a large modern approximately 2000 sf of office space with central air. This property consists of 2 buidings. The office and 3 rental untis are located at #99 and there are 2 addittional rental units (side-by-side)in the buiding next door-the Brick twin. The recent improvements to the buiding on the corner include a new roof in April, Apt #2 remodeled-new kitchen, stove, railings, and the brick repointed and sealed in 2004. At #97 , Apt #6 has been remodeled including new paint, linoleum and carpet. Owner pays water, sewer, and heat. Tenants pay electric.
Multi-familyProperty Type
1880Year Built
0.42 acresLot Size
$108Est. Price/Sq.Ft.
Listed by Harold Riley• Keller Williams Real Estate-Blue Bell
•215-646-2900 (broker)
Bought with Steven Salemno• RE/MAX Action Realty-Horsham
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
119 ft.
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Montgomery County
APN
34-00-00031-007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 23, 2021.
VC
Village Commercial District
In expansion of the community development objectives contained in 145-3 of this Code and in support of the goals and implementation techniques of Chapter IX of the 1987 Comprehensive Plan update, it is hereby declared to be the intent of the VC Village Commercial District to establish reasonable standards to permit and regulate limited commercial, office and residential uses within the Village Commercial District. Furthermore, it is the intent of this article: To encourage retention of the village atmosphere of Elroy by preserving the existing buildings to the greatest extent possible.; To encourage retention of existing buildings by permitting a variety of commercial, office and residential uses which are compatible with the existing structural types, lot sizes and other physical characteristics of the Village Commercial District.; To permit uses which allow conversion of existing buildings in a manner which maintains the visual character and architectural scale of existing development within the district.; To encourage those types of commercial and office uses which do not attract large volumes of traffic and continuous customer turnover.; To discourage development of strip-type, highway-oriented commercial uses with incongruous architectural styles, excessive paved areas and numerous curb cuts.; To encourage consolidation of driveways, parking and curb cuts to provide more efficient and economical access and parking.; To encourage a coordinated pedestrian path system to provide efficient, pleasant and convenient pedestrian access from parking areas to and among the various permitted uses.; To minimize visual and functional conflicts between residential and nonresidential uses within and abutting the district.; To discourage overdevelopment of lots by limiting the maximum permitted development and the maximum impervious coverage.
Permitted uses
Include but are not limited to:
Agriculture
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Office
Park & open space
Property details
Parking
Parking Information
Driveway
Interior
Interior Information
Flooring Type: Fully Carpeted, Vinyl
Interior Features: Store/Office
Room Information
Master Bedroom
Basement Information
Basement: Yes
Full, Unfinished
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 1
# of Three Bedroom Units: 2
Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Gross Income: $70,100
Annual Gross Expense: $20,667
Other Expense: 3494.00
Exterior
Property Information
Improvement Assessed Value: $211,690
Insurance Expense: $2,671
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Estimated
Building Information
Construction Not Completed
Construction Materials: Brick
Other Structures: Above Grade
Roof: Shingle
Storage: Basement
Lot Information
Lot Size Dimensions: 00
Tidal Water: No
Land Information
Land Assessed Value: $57,630
Above Grade Information
Finished Sq.Ft.: 8,225
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $269,320
Tax Year: 2005
Tax Annual Amount: $6,769
Utilities
Utilities Information
100 Amp Service
Oil, Hot Water
Heating Fuel: Oil
Annual Heating Expense: $5,040
Hot Water: Oil
Sewer Septic: Public Sewer
Cable TV Available
Water Sewer Expense: $1,344
Water Source: Public
Location
Homeowners Association Information
Maintenance Expense: $1,349
School Information
School District Name: SOUDERTON AREA
Location Information
Cross Street: ELROY
Directions: from Lansdale go north on Allentown road to properties on corner of Elroy and Allentown
Municipality: FRANCONIA TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Montgomery County
APN: 34-00-00031-007
Home facts updated by county records on Nov 22, 2021
Around this home
Schools
K - 12
Preschool & daycare
West Broad Street El School
Public K-5 • Assigned • 1.3mi
8/10
Indian Crest Middle School
Public 6-8 • Assigned • 2.4mi
4/10
Souderton Area Senior High School
Public 9-12 • Assigned • 1.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Souderton, PA • 18964
Average low and high temperatures (°F)
34°
19°
39°
23°
57°
35°
65°
43°
72°
53°
83°
62°
87°
68°
80°
60°
78°
58°
65°
44°
54°
36°
40°
24°
Jan
Feb
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May
Jun
Jul
Aug
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Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$843,000 – $1.02M
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