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64 N YORK ROAD WILLOW GROVE, PA 19090
- Other / Resale (MLS)
Property Details for 64 N YORK ROAD, WILLOW GROVE, PA 19090
Features
- Price/sqft: $154
- Total Units: 4
- Heating: Hot Water,Radiator
Facts
- Year Built: 01/01/1920
- Property ID: 885584586
- MLS Number: PAMC2078326
- Property Type: Other
- County: MONTGOMERY
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 64 N York Rd is a 3 story, well maintained, mixed use property, with storefront. This one may be the best income producer in any investors portfolio. Located in the heart of Willow Grove and walking distance to train, bus, WG Mall, restaurants and more. Exterior is vinyl sided. First floor is the storefront space plus a 1BR, 1Bath unit in the rear. 2nd and 3rd floors are similar to each other. Each floor is a 3 BR with a common kitchen and bathroom. The 6 total bedrooms on both the 2nd and 3rd floors are rented weekly sharing a kitchen and bathroom on each floor. The 3rd floor features access to a large, covered deck. The property , in its current condition has an annual income of >$63,000 when fully occupied. Storefront and 1 room are currently vacant. Gross Rent Multiplier for comparable sales with the same income is about 10.0. This property makes even more sense when packaged with 60 Cherry St (MLS# PAMC2078386), which is bordering its rear boundary. Schedule to see both and start earning. Easy to show.
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Property Brokerage:
HomeStarr Realty
850 Easton ROAD
Warrington
PA
18976
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.