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203 Gravel Pike

COLLEGEVILLE, PA 19426
  • $895,000
  • STATUS: Pending
  • ON SITE: 28 Days
  • MLS #: PAMC2057598
Pending
$895,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,730
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1875
County:

School Information

High School:
School District:

Description

8 Unit apartment building ideally located near the Rt 422 expressway, providing quick and easy access to major employment, dining, shopping, entertainment. Ursinus college is just minutes away, along with access points to the Perkiomen Trail. Plenty of off street parking for the tenants, many units have private entrances.Rental rates could be increased. Many of the tenants have been there for a long period of time, great rental history. Real estate has proven over the years to be a solid investment over time.

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www.marylandshoreliving.com/homes/134676210
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203 Gravel Pike COLLEGEVILLE, PA 19426

  • Price: $895,000
  • Status: Pending
  • On Site: 28 Days
  • MLS #: PAMC2057598
0
Beds
0
Baths
0
½ Baths
1.1
Acres
4,730
SQFT
$189
$/SQFT
1875
Built
Neighborhood:
Perkiomen Twp (10648)
County:
Montgomery
Area:
Perkiomen Twp (10648)
High School:
Perkiomen Valley
School District:
Perkiomen Valley
Property Description
8 Unit apartment building ideally located near the Rt 422 expressway, providing quick and easy access to major employment, dining, shopping, entertainment. Ursinus college is just minutes away, along with access points to the Perkiomen Trail. Plenty of off street parking for the tenants, many units have private entrances.Rental rates could be increased. Many of the tenants have been there for a long period of time, great rental history. Real estate has proven over the years to be a solid investment over time.
Exterior Features

Architectural Style Colonial Construction Materials BlockBrickMasonryMixed PlumbingStoneStucco Door Features Insulated Garage YN No Location Type Suburban Lot Features CornerFront YardOpenRear YardRoad FrontageSideyard(S)Sloping Other Structures Above GradeBelow Grade Parking Features Paved DrivewayPaved ParkingPrivateUnassigned Parking Types Parking Lot Pool No Pool Property Condition Average Riparian Rights YN No Road Responsibility State Road Surface Type Black Top Roof AsphaltFlat View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4730 Above Grade Unfinished Area 0 Appliances StoveRefrigerator Basement Outside EntrancePartialUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenants Personal Property Fireplace YN No Fireplaces Total 0 Flooring CarpetVinyl Heating Baseboard - ElectricWall Unit Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 6 Units Furnished None Walls Ceilings Dry WallPlaster Walls

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel Electric Cross Street Rt 113 & Rt 73 Electric 120/240VCircuit Breakers Electric Average Monthly 59 Electric Last12 Months 711.00 Existing Lease Type Month To MonthYearly Foundation Details Stone Gross Income 76850.75 Heating Fuel Natural GasElectric Historic YN No Hot Water Natural GasElectric Internet Services Cable Maintenance Expense 1599.00 Municipality Perkiomen Twp Navigable Water YN N Net Operating Income 46373.11 New Construction YN No Number Of Units Leased 8 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes Snow RemovalTrash Original MLSNumber 802000314846 Owner Pays Common Area MaintenanceAir Conditioning Ownership Interest Fee Simple Possession ImmediateSubject To Existing Lease Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 8278.00 Tax Assessment Amount 208080.00 Tax Lot 22 Total Actual Rent 76850.00 Trash Expense 7900.00 Utilities Cable TvElectric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Average Monthly 36 Water Last12 Months 426.00 Water Source Public Window Features Double Hung Zoning Vcr Zoning Description Village Commercial

 
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