1573 E Philadelphia Ave, Gilbertsville, PA 19525

$500,000

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List Price
$500,000
Days on Market
69
Status
ACTIVE
MLS#
PAMC2180840
Lot Size (Acres)
0.6000000000000001
Year Built
1955
County
Montgomery
School District
Boyertown Area

Property Description

ANOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Martial arts school owner requires a 1–2-year lease back @ $2000/month to see a couple students through their training careers. If you're an investor, this is great; if you're a user you ll have to wait 1-2 years to occupy. Front portion has a basement and stairs to a semi-finished attic. Efficiency apartment could possibly be made into larger unit obtaining more income. Large parking lot. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year. Taxes: $6205. Please see building footprint measurement diagram and video short by clicking on appropriate icon at top.

Additional Information

Area
Douglass Twp (10632)
Taxes
$6205
Stories
1
School District
Boyertown Area
Flooring
Carpet, Wood
Heating
Hot Water
Heating Fuel
Oil
Cooling
Wall Unit
Roof
Asbestos Shingle, Metal
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 422 Commercial Realty. Contact: 6109704202