$2,800,000
$3,000,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
16,428 SqFt
SOLD DATE : 05/07/2024
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 16,428 sqft
Price per Sqft $170
Subdivision Willow Grove
MLS Listing ID PAMC2091592
Sold Date 05/07/24
Originating Board BRIGHT
Year Built 1961
Annual Tax Amount $24,647
Tax Year 2022
Lot Size 0.633 Acres
Acres 0.63
Lot Dimensions 84.00 x 0.00
Property Description
HIGHEST AND BEST DUE BY TUESDAY MARCH 5 AT 5 PM. OFFERS PRESENTED TO SELLERS ON MARCH 6TH.
Discover the potential hidden within 1841 Davisville Rd, a distinguished 20-unit apartment building directly across the street from The Willow Grove Mall, marked by an impressive 45-year legacy under prior ownership. This property, steeped in history, is now poised for a fresh start. Currently featuring below-market rents and in need of restoration, it presents an exceptional prospect for astute investors. With a foundation built on enduring quality and a strategic location, this property offers the perfect canvas for a transformative project. Envision unlocking its untapped potential, transforming it into a modern residential haven. For those seeking a blend of history, promise, and a prime investment opportunity, 1841 Davisville Rd stands out as a unique gem in the thriving Willow Grove real estate market. Conveniently located across the street from Septa Bus 22 and less than 1 mile from Warminster regional rail.
Location
State PA
County Montgomery
Area Abington Twp (10630)
Zoning SI W
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Flooring Carpet, Solid Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Utilities Available Natural Gas Available
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Overlook
Middle Schools Abington Junior High School
High Schools Abington Senior
School District Abington
Others
Tax ID 30-00-12692-004
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector,Fire Detection System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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