Address
104 E Main Street, Lansdale, PA
Price
$ 299,000
Property Attributes
- MLS#PAMC2093736
- TypeMulti-Family
- CountyMONTGOMERY
- CityLansdale
- AreaLansdale Boro
- Zip19446
- StyleStraight Thru
- Year Built1920
- Taxes$ 4739
- Price$ 299,000
- Bedrooms1
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.08 Acres
Data Source:
Bright MLS
Property Description
PRICE ADJUSTMENT!!! Unique opportunity in downtown Lansdale to invest in this 2-unit duplex. The main level is a 3-room suite, ideal as an office or retail business. Upstairs is a complete one-bedroom apartment with full kitchen and bath. Both units are currently vacant. Based on market averages for Lansdale over the past 12 months, both units combined are capable of generating $28,968. Main level approx. 900 SF x 1.28 (average price/SF in Lansdale for commercial leases over the past 12 months) would generate $1,152/month or $13,824/year. One bedroom apartment at $1,262/month x 12 months can generate $15,144/year. This is based on the average rent for the 24 closed leases for one bedroom apartments in Lansdale over the past 12 months. Data Source: Bright MLS. There are two private entrances for each unit, as well as separate utilities, plus a two-car garage and fenced backyard. Put your stamp on this property and use it for two income streams immediately, run your business on the main floor and live upstairs, or live in the apartment while renting the main level. This property is currently zoned commercial/multi-use and can be utilized as retail, office or apartments. It is also possible to change the zoning back to residential. Contact Lansdale Borough for more information on that process. The main level features 3 large rooms, a powder room, access to the full unfinished basement for storage and a rear entrance for direct access to the yard and garage. The apartment features a huge family room, modern kitchen, full bath and a generously sized bedroom with walk-in closet and private direct access to the yard and garage. There is also a finished, unheated loft space which can be utilized for storage. This home sits on a corner lot in the desirable downtown part of Lansdale, just a short 7 minute walk to the SEPTA station (Lansdale/Doylestown Line), and only 5 minutes to Jefferson-Lansdale Hospital. Walk to coffee at Backyard Beans, or Starbucks, enjoy one of the many eateries like White Jasmine Tai Cuisine, New Station Pizza or Montellas Sports Bar or sample the offerings at Boardroom Spirits Distillery. Both units are currently vacant and available for immediate occupancy. Buyer responsible for verifying potential uses and zoning. Check out this flexible opportunity to live and rent, live and work, or invest in up-and-coming Lansdale!
| High School |
|---|
| North Penn High School |
| Price History | |
|---|---|
| 1/27/2024 | Listed $310,000 |
| 5/5/2024 | 4% - $299,000 |
General Features
| Interior Features | Additional Stairway,Carpet,Primary Bath(s),Recessed Lighting,Store/Office,Tub Shower,Walk-in Closet(s),Ceiling Fan(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air,Baseboard - Electric |
| Cooling | Central A/C |
| Possession | Negotiable |
| Appliances | Stove,Oven/Range - Electric,Refrigerator,Dishwasher |
| Zoning | COMMERCIAL |
| Garage Spaces | 2.00 |
| Architectural Style | Straight Thru |
| Construction Materials | Brick |
| Year Built | 1920 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | MONTGOMERY |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Commuter Rail Station less than 1 mile |
| Total Rooms | 7 |
| Status | ACTIVE |
| Directions | From Rt 309,follow PA 63 E/Welsh Road for approximately 3.7 miles. Home will be on the left,on corner of S Chestnut |
| ModificationTimestamp | 2024-05-09T05:13:52 |
| City | LANSDALE |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclosure,Lead Based Paint - State |
| Zoning Description | Retail,Office,Apts - Multi-Use |
| Total Units | 2 |
| MLS Area | Lansdale Boro (10611) |
| Lot Size Square Feet | 3300.00 |
| Tax Assessed Value | 114160.0 |
| Waterfront Y/N | No |
| Street Name | MAIN |
| Tax Annual Amount | 4739.0 |
| Home Warranty Y/N | No |
| Property Condition | Good |
| Structure Type | Twin/Semi-Detached |
| One Bedroom Units Count | 1 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 96 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 16 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Hot Water | Electric |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Pool Y/N | No Pool |
|---|---|
| Parking Features | Asphalt Driveway |
| Water Source | Public |
| Inclusions | Refrigerator |
| Total Parking Spaces | 2 |
| Garage Features | Garage - Front Entry |
| Type of Parking | Detached Garage |
| Land Use Code | 4100 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 22.00 x 0.00 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Detached Garage Spaces | 2 |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19446
Price
Taxes
Visits
Year Built
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