206 S Chestnut St,
AMBLER PA, 19002
Description
Opportunity is knocking! This Ambler 5 unit has the potential for excellent cashflow. Presently the buildings are empty and awaiting the buyer's desired improvements. The main house consists living room, dining room, family room, eat in kitchen with laundry, 3-4 bedrooms and 1.5 baths. The back building offers 4 apartments. Two of these apartments are 2 bedroom and two apartments are 1 bedroom. The main house needs total renovations, damage to radiators, plumbing and cosmetics. The back building has 4 apartments with new carpet being installed and are tenant ready. Potential income over $6,000 per month!! When the property was occupied the house tenants paid their gas, electric, water, sewer, trash, snow removal. The apartment tenants paid for electric and heat. The expenses were approximately $11,000/year for taxes, insurance, water, sewer, trash. No maintenance landscaping out front. Conveniently located only a low traffic street only a few blocks to the Septa train station. Close to the Wissahickon Creek walking trail. Low property taxes. Great for investor or owner occupant looking for someone else to pay the mortgage. Bring all offers.
Details
| MLS# | PAMC681722 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | 10000069142 |
| Year | 1900 |
| Days On Site | 21 |
Features
| SQ Feet | 1,762 |
|---|---|
| Units | 5 |
| Zoning | R3 |
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Learn More About This Property
| Area Information | |
|---|---|
| State | PA |
| County | MONTGOMERY-PA |
| City | AMBLER |
| Zip Code | 19002 |
| Area | Ambler Boro (10601) |
| Listing VS Median (in 19002) | |
Price: $575,000 low | high Med: $650,000 SqFt: 1,762 low | high Med: 2,769 $ / SqFt: $326 low | high Med: $235 On Site: 21 low | high Med: 19 Sourced by Back At You | |
MLS Number: PAMC681722Listing Provided By:
Andrea L Heskett of Chris James Hector Realty