Schwenksville, PA 19473,5 MAIN ST
See all 32 photos
Schwenksville, PA 19473,5 MAIN ST
Schwenksville, PA 19473,5 MAIN ST
Schwenksville, PA 19473,5 MAIN ST
Schwenksville, PA 19473,5 MAIN ST

$675,000

Est. payment /mo

$699,000

3.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5 MAIN ST Schwenksville, PA 19473

3,200 SqFt

SOLD DATE : 10/14/2022

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $210

MLS Listing ID PAMC2048338

Sold Date 10/14/22

Style Colonial

Abv Grd Liv Area 3,200

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,305

Tax Year 2022

Lot Size 6,426 Sqft

Acres 0.15

Lot Dimensions 160.00 x 0.00

Property Description

This is a terrific opportunity for an investor or owner-occupant with a phenomenal location in the quaint village of Spring Mount. 1st time available in nearly 40 years! Low maintenance brick exterior and a new roof in 2/2022. 3 residential apartments and 1 long term ground floor restaurant tenant (sale does not include the pizza shop business). Two of the apartments were fully updated in the last couple of years, the 3rd is well maintained by a long term tenant. Currently a little over a 7 cap, but definite value add candidate as the rents are under market, coin op machines could be added, and there is a possibility to frame out the rest of the 2nd floor area to create another apartment unit (confirm with township for all allowed/approved uses). The first floor has the pizza shop as well as a 1 bedroom apartment, the 2nd floor has two - 2 bedroom apartments. Apartments have access via a side building entrance with common stairwell. Basement houses the boiler units, hot water heaters, and tenant storage. Apartments have always been easy rentals, the Perkiomen Trailhead entrance is 500ft behind the building, and offers a steady flow of customers for the storefront, and is also a great tenant amenity. Agent is a relative of seller.

Location

State PA

County Montgomery

Area Lower Frederick Twp (10638)

Zoning NC

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Ceiling Fan(s), Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District Perkiomen Valley

Others

Tax ID 38-00-01213-009

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Ernest J Knechel • Rockland Capital LLC
Bought with Brian Tuner • Weichert Realtors

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.