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Green Lane,PA 18054
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,816 sqft
Price per Sqft $881
MLS Listing ID PAMC2130670
Originating Board BRIGHT
Year Built 1877
Annual Tax Amount $16,422
Tax Year 2024
Lot Size 7,800 Sqft
Acres 0.18
Lot Dimensions 53.00 x 0.00
Property Sub-Type Five Or More Units
Property Description
New to the Market: A unique investment opportunity featuring 5 parcels with two buildings. The first building boasts 7 fully renovated units, including 6 spacious 2-bedroom units and 1 cozy 1-bedroom unit, along with 6,000 square feet of parking space. Adjacent to this is a duplex with a 3-bedroom unit on the second floor and a 1-bedroom unit on the first floor. Additionally, there are 3 extra parcels: one paved lot currently leased to a commercial contractor, and two open spaces.
These properties offer access to the scenic Perkiomen Valley Trails, creeks, fishing spots, and more, providing a peaceful, nature-filled environment for tenants. Each unit's tenants are responsible for their own hot water and electricity, while a laundry facility on-site presents potential for additional income with a simple update to a pay-per-use system. All tenants are on month-to-month leases, providing flexibility and the potential for increased rents.
Located in Green Lane Borough, part of the thriving Perkiomen Valley in Montgomery County, these properties are positioned in an up-and-coming area with growing local municipalities. The rear of the open space lots offers tranquil creek access for ultimate relaxation. Don't miss the chance to add this prime investment property to your portfolio today!
Location
State PA
County Montgomery
Area Green Lane Boro (10607)
Zoning LI
Interior
Hot Water Tankless,Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 30.0
Water Access N
Accessibility None
Total Parking Spaces 30
Garage N
Building
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Upper Perkiomen
Others
Tax ID 07-00-00223-004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard