$575,000

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 TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1900
Days On Site21

Features

SQ Feet1,762
Units5
ZoningR3
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Area Information
StatePA
CountyMONTGOMERY-PA
CityAMBLER
Zip Code19002
AreaAmbler Boro (10601)
Listing VS Median (in 19002)
Price:
$575,000
low | high
Med:
$650,000
36.95652173913% of Average
SqFt:
1,762
low | high
Med:
2,769
7.150964812713% of Average
$ / SqFt:
$326
low | high
Med:
$235
78.066952439273% of Average
On Site:
21
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:45:54 PM PST
Andrea L Heskett LogoMLS Number: PAMC681722
Listing Provided By:
Andrea L Heskett  of  Chris James Hector Realty
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