$480,000
$475,000
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2,052 SqFt
SOLD DATE : 07/08/2021
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,052 sqft
Price per Sqft $233
MLS Listing ID PAMC681454
Sold Date 07/08/21
Style Other
HOA Y/N N
Abv Grd Liv Area 2,052
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $3,045
Tax Year 2020
Lot Size 8,250 Sqft
Acres 0.19
Property Description
Great investment opportunity to rent out two nice units in a very desirable area! OR, a fabulous opportunity for an owner occupant scenario where owner lives in one unit and rents the other, having the tenant almost entirely paying their mortgage! This charming and cozy duplex located in West Conshohocken has 2 units, each unit offers separate utilities (except cold water), Central AC, THREE parking spaces (yes, 3 for each unit), private outdoor spaces for each and each has their own storage shed. The lower level unit has 3 nicely sized bedrooms, a nicely updated kitchen, separate dining area with large closet, a generously sized living room with coat closet and full bath with washer and dryer. Outside, you will fall in love with a delightful patio for plenty of outdoor seating, a fire pit and a storage shed, not to mention 3 parking spots right out front. Upstairs also find 3 full bedrooms, a large living and dining area, a nicely sized kitchen and 2 decks plus 3 parking spaces and large storage shed. Owner lives downstairs and family members live upstairs. The market rates for each unit would be between 1700-1800 a month. At today's rates (assuming 3%) with 20% down, the total mortgage payment would be roughly $1900 including taxes and insurance. Owner could live in one unit and rent the other having the tenant pay almost 100% of the owner's mortgage! Both units will be left empty at time of settlement so the new owner has the option of owner occupancy in one and rent the other OR rent them both!
Location
State PA
County Montgomery
Area West Conshohocken Boro (10624)
Zoning R2
Interior
Hot Water Electric
Heating Heat Pump(s), Baseboard - Electric
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility None, Level Entry - Main, No Stairs
Parking Type Driveway
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Gulph
Middle Schools Upper Merion
High Schools Upper Merion
School District Upper Merion Area
Others
Tax ID 24-00-02222-004
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Adam Zaitz • Keller Williams Real Estate-Doylestown