111 Spring Mill Avenue, Conshohocken, Pennsylvania 19428
Listing IDPAMC2072154
Price$4,250,000
StatusACTIVE
SqFt
2,270
Acres
0.050
CountyMontgomery
Year Built1910
Property TypeCommercial Sale
Property Sub TypeOther
THIS IS STRICTLY A PORTFOLIO LISTING. Phenomenal investment opportunity! The portfolio comprises 12 units across 6 buildings, including a quadruplex in Bridgeport, a triplex and duplex in the Temple University area, and three single-family homes in Conshohocken. The three single family homes in Conshohocken Borough are all located very close to all of the dining, shopping, and nightlife that the borough has to offer. 66 E 4th Street in Bridgeport Borough offers one commercial unit, two 1 bedroom 1 bathroom units, and one 2 bedroom 1 bathroom unit. 66 E 4th is in a prime location, directly across the street from a new development with around 350 townhomes and 250 apartments and right on the main drag that runs through Bridgeport. Walkable to all restaurants and nightlife and just a short drive to King of Prussia and Conshohocken. 1950 N Gratz Street and 2028 N 18th St. are off campus student housing in the Temple University area and are easily walkable to all of the Temple campus buildings. The total operating income of the portfolio is $353,700 and with expenses of $68,790 that brings the NOI to $284,910. This portfolio presents an excellent investment value and will be a great addition to any investor's portfolio! For more information, please request a marketing package.
County
Montgomery
Price/SqFt
1872.25
Property Sub Type
Other
Property Type
Commercial Sale
Year Built
1910
Zoning
1101 RES: 1 FAM
Building Total SqFt Source
Assessor
Central Air
no
Cooling Type
Window Unit(s)
Flooring Type
Hardwood, Carpet, Ceramic Tile
Heating
yes
Heating Type
Baseboard - Electric, Radiant, Radiator
Building Units Total
1
Car Parking Spaces
1
Construction Materials
Brick
Cooling Fuel
Electric
Foundation Details
Concrete Perimeter, Block
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Assessor
Lot Size Dimensions
18.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Roof
Flat, Pitched, Shingle
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
1
Type of Parking
On Street
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
MLS Area
Conshohocken Boro (10605)
Municipality
CONSHOHOCKEN BORO
Waterfront
no
Zoning Description
Residential
Accessibility Features
None
Business Type
Apartment Building
Days on Market
9
Land Use Code
1101
Potential Tenancy
Multiple
Property Condition
Excellent, Very Good
Year Assessed
2023
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional
Automatically Update Tax Values
yes
Inclusions
Washer/Dryer, Refrigerator
Net SqFt
2270
Ownership Interest
Fee Simple
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
3139
Tax Assessed Value
93650
Tax Lot
28
Tax Year
2022
Vacation Rental
no
Listing courtesy of Keller Williams Real Estate-Conshohocken (610) 828-2224
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Keller Williams Real Estate-Conshohocken. Data last updated on Tuesday, May 30th, 2023 05:16:11 PM.
Contact - Listing ID PAMC2072154
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
Data services provided by IDX Broker
