$399,900 204 Summit Ave Willow Grove, PA

MLS: 6341812   Type: Multi-Family   County: Montgomery   City: Willow Grove   Area: U Moreland Twp   Zip: 19090   Style: SingleBldg     Taxes: $4,809

Mortgage $1,877 /mo



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Excellent Investment Opportunity! This property is a fully leased Investment property conveniently located to Willow Grove Mall, Giant Food Store and Public Transportation. This is a 5 unit building with three 2 bedroom apartments, two 1 bedroom apartments and a leased 3 car garage. There is a newer state of the art gas fired boiler supplying heat to the 5 units. This system has a feature that can be added to control heat remotely. There is also a wrap around porch and nice yard for tenants enjoyment. The garages are leased at $595 per month (Month to month) and reflected in the total income. There is a laundry hook up in the basement which has the potential for a coin operated laundry system. Basement is accessed by an outside exit. There is ample parking in the rear of property.

Elementary School

Middle School

High School

U Moreland
Distance: N/A Miles
U Moreland
Distance: 3.48 Miles
U Moreland
Distance: 3.5 Miles

Price History

6/13/2016 Listed $399,900

Accessibility None
Centralair N
Garage Y/N Y
Hot Water S/W Changeover
Is Twin No
Listing Area U Moreland Twp
New Construction N
Property Type Multi-Family
School District U Moreland Twp
Type SingleBldg
Zoning R4

Interior Features

Basement Y
Buildingfloors 3.0
Cooling None
Electric CircBreakers
Flooring Fully Carpeted, Tile/Brick
Heating Gas, Hot Water
Interior Features CableTVAvail
Laundry Type NoLaundry
Onebedroomunits 2
Partialbathcountunit1 0
Partialbathcountunit2 0
Partialbathcountunit3 0
Partialbathcountunit4 0
Partialbathcountunit5 0
Twobedroomunitcount 3
Units 5
Unittype1actualrent 700.0
Unittype1bathstotal 1
Unittype1bedstotal 2
Unittype2actualrent 625.0
Unittype2bathstotal 1
Unittype2bedstotal 1
Unittype3actualrent 950.0
Unittype3bathstotal 1
Unittype3bedstotal 2
Unittype4actualrent 650.0
Unittype4bathstotal 1
Unittype4bedstotal 1
Unittype5actualrent 850.0
Unittype5bathstotal 1
Unittype5bedstotal 2

Exterior Features

Design AptBldg
Exterior Alum/Steel Siding, Stucco, Wood
Exterior Features Sidewalks
Foundation StoneFound
Garage Spaces 3-CarGarage
Garage Type Detached
Lot Dimensions 100
Parking Features 5-7CarParkng, ParkingLot
Roof FlatRoof, ShingleRoof
Sewer Public Sewer
Water Public
Waterfront Property N

Property Schools

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Gallery (5 photos)

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Property vs Zip Code Avg (19090)

Price 399K Avg 374K

Taxes $4,809 Avg $5,295

Acres 0.34 Avg 0.24

Visits 48 Avg 67

Walkscore® 75 Avg 69

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Listing Provided Courtesy Of: Felte Real Estate

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Location & Address

eXp Realty Philadelphia
460 S Lewis Rd Suite 109
Royersford, PA

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