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104 E Main Street

LANSDALE, PA 19446
  • $299,000
  • STATUS: Active
  • ON SITE: 137 Days
  • ID#: PAMC2093736
UPDATED: 62 min ago
$299,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

High School:
School District:

Description

PRICE ADJUSTMENT!!! Unique opportunity in downtown Lansdale to invest in this 2-unit duplex. The main level is a 3-room suite, ideal as an office or retail business. Upstairs is a complete one-bedroom apartment with full kitchen and bath. Both units are currently vacant. Based on market averages for Lansdale over the past 12 months, both units combined are capable of generating $28,968. Main level " approx. 900 SF x 1.28 (average price/SF in Lansdale for commercial leases over the past 12 months) would generate $1,152/month or $13,824/year. One bedroom apartment at $1,262/month x 12 months can generate $15,144/year. This is based on the average rent for the 24 closed leases for one bedroom apartments in Lansdale over the past 12 months. Data Source: Bright MLS.There are two private entrances for each unit, as well as separate utilities, plus a two-car garage and fenced backyard. Put your stamp on this property and use it for two income streams immediately, run your business on the main floor and live upstairs, or live in the apartment while renting the main level. This property is currently zoned commercial/multi-use and can be utilized as retail, office or apartments. It is also possible to change the zoning back to residential. Contact Lansdale Borough for more information on that process. The main level features 3 large rooms, a powder room, access to the full unfinished basement for storage and a rear entrance for direct access to the yard and garage. The apartment features a huge family room, modern kitchen, full bath and a generously sized bedroom with walk-in closet and private direct access to the yard and garage. There is also a finished, unheated loft space which can be utilized for storage. This home sits on a corner lot in the desirable downtown part of Lansdale, just a short 7 minute walk to the SEPTA station (Lansdale/Doylestown Line), and only 5 minutes to Jefferson-Lansdale Hospital. Walk to coffee at Backyard Beans, or Starbucks, enjoy one of the many eateries like White Jasmine Tai Cuisine, New Station Pizza or Montellas Sports Bar or sample the offerings at Boardroom Spirits Distillery. Both units are currently vacant and available for immediate occupancy. Buyer responsible for verifying potential uses and zoning. Check out this flexible opportunity to live and rent, live and work, or invest in up-and-coming Lansdale!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael Harget Group | Keller Williams Realty Partners. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-12T22:55:01.14.
www.themichaelhargetgroup.com/homes/146977578
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104 E Main Street LANSDALE, PA 19446

  • Price: $299,000
  • Status: Active
  • On Site: 137 Days
  • Updated: 62 min ago
  • ID#: PAMC2093736
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1920
Built
Neighborhood:
Lansdale Boro (10611)
County:
Montgomery
Area:
Lansdale Boro (10611)
High School:
North Penn
School District:
North Penn
Property Description
PRICE ADJUSTMENT!!! Unique opportunity in downtown Lansdale to invest in this 2-unit duplex. The main level is a 3-room suite, ideal as an office or retail business. Upstairs is a complete one-bedroom apartment with full kitchen and bath. Both units are currently vacant. Based on market averages for Lansdale over the past 12 months, both units combined are capable of generating $28,968. Main level " approx. 900 SF x 1.28 (average price/SF in Lansdale for commercial leases over the past 12 months) would generate $1,152/month or $13,824/year. One bedroom apartment at $1,262/month x 12 months can generate $15,144/year. This is based on the average rent for the 24 closed leases for one bedroom apartments in Lansdale over the past 12 months. Data Source: Bright MLS.There are two private entrances for each unit, as well as separate utilities, plus a two-car garage and fenced backyard. Put your stamp on this property and use it for two income streams immediately, run your business on the main floor and live upstairs, or live in the apartment while renting the main level. This property is currently zoned commercial/multi-use and can be utilized as retail, office or apartments. It is also possible to change the zoning back to residential. Contact Lansdale Borough for more information on that process. The main level features 3 large rooms, a powder room, access to the full unfinished basement for storage and a rear entrance for direct access to the yard and garage. The apartment features a huge family room, modern kitchen, full bath and a generously sized bedroom with walk-in closet and private direct access to the yard and garage. There is also a finished, unheated loft space which can be utilized for storage. This home sits on a corner lot in the desirable downtown part of Lansdale, just a short 7 minute walk to the SEPTA station (Lansdale/Doylestown Line), and only 5 minutes to Jefferson-Lansdale Hospital. Walk to coffee at Backyard Beans, or Starbucks, enjoy one of the many eateries like White Jasmine Tai Cuisine, New Station Pizza or Montellas Sports Bar or sample the offerings at Boardroom Spirits Distillery. Both units are currently vacant and available for immediate occupancy. Buyer responsible for verifying potential uses and zoning. Check out this flexible opportunity to live and rent, live and work, or invest in up-and-coming Lansdale!
Exterior Features

Architectural Style Straight Thru Construction Materials Brick Garage Spaces 2.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures Garage(s) Parking Features Asphalt Driveway Parking Types Detached Garage Pool No Pool Property Condition Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Appliances StoveOven/Range - ElectricRefrigeratorDishwasher Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced AirBaseboard - Electric Heating YN Yes Inclusions Refrigerator Interior Features Additional StairwayCarpetPrimary Bath(s)Recessed LightingStore/OfficeTub ShowerWalk-in Closet(s)Ceiling Fan(s) Rooms Total 7 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street S Chestnut Foundation Details Stone Heating Fuel Oil Hot Water Electric Municipality LANSDALE BORO Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802828547964 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 4802.00 Tax Lot 16 Transportation Commuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning COMMERCIAL Zoning Description RetailOfficeApts - Multi-Use

Listing courtesy of RE/MAX Main Line-Kimberton: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael Harget Group | Keller Williams Realty Partners. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-12T22:55:01.14.
 
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