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5 Main Street

SCHWENKSVILLE, PA 19473
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 96 Days
  • ID#: PAMC2037782
Under Contract
UPDATED: 20 min ago
$699,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

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. A 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.

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©2022 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 Century 21 Dale Realty Co. 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: 2022-08-17T09:00:56.99.
www.century21dale.com/homes/128612387
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5 Main Street SCHWENKSVILLE, PA 19473

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 96 Days
  • Updated: 20 min ago
  • ID#: PAMC2037782
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1920
Built
Neighborhood:
Lower Frederick Twp (10638)
County:
Montgomery
Area:
Lower Frederick Twp (10638)
School District:
Perkiomen Valley
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. A 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.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Off SiteDriveway Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Ceiling Fan(S)Window Unit(S) Exclusions Tenant Personal Belongs And Commercial Tenant Equipment Heating Hot Water Heating YN Yes Inclusions Appliances Net Square Feet 4800.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Restaurant/Bar Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality Lower Frederick Twp Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 801548397234 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6305.00 Tax Assessment Amount 150190.00 Tax Lot 96 Vacation Rental YN No Water Source Public Zoning Nc

Listing courtesy of Rockland Capital Llc.


©2022 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 Century 21 Dale Realty Co. 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: 2022-08-17T09:00:56.99.
 
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Century 21 Dale Realty Co
360 Loucks Road
York PA, 17404