Remarks

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!

Details

MLS#: PAMC2130670
Price: $1,600,000

Year Built: 1877

County: MONTGOMERY
Tax Fee: 16422.0