$785,000

109 E Moreland Ave

HATBORO PA, 19040

Description

Location, Location!!! Commercially zoned Office , mixed-use property Fully Occupied, with 5 units just a few short blocks from Hatboro's center of town shops, businesses and restaurants. This property, zoned RC2 Commercial, features 4 residential apartments plus 1 street level commercial space, which is approximately 1500 square feet and currently set up for office use. As a bonus, there is a shed that is also leased. This is a superb property for owner occupant or investor. In addition to Office use this property would be available for additional Retail Uses. The 4 apartments consisting of two 1 Bedroom and two 2 Bedroom units are currently fully occupied. This property is ideally located next to the SEPTA rail line with easy access to Center City and in close proximity to the Hatboro train station, the area's major roadways, shopping, banking, and restaurants. There is on-site parking for 18 cars and is ideal for an investor or a buyer seeking to occupy the 1st floor office space with the benefits of the income stream from the fully rented apartments in place. Office space is leased for $1450 per month plus utilities.

Details

MLS#PAMC633832
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1870
Days On Site99

Features

SQ Feet5,672
Story(s)0
ZoningRC2

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Area Information

StatePA
CityHATBORO
Zip Code19040
AreaHatboro Boro (10608)
Listing VS Median (in 19040)
Price:
$785,000
low | high
Med:
$322,450
100% of Average
SqFt:
5,672
low | high
Med:
1,162
100% of Average
$ / SqFt:
$138
low | high
Med:
$278
50.711048098694% of Average
On Site:
99
low | high
Med:
30
100% of Average
Listing Updated: 03/27/2020
MLS Number: PAMC633832
Listing Provided By:
Robert F Felte Jr  of  Felte Real Estate