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    109 E Moreland Avenue

    HATBORO, PA 19040
    • $785,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: PAMC665012
    UPDATED: 71 min ago
    $785,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1870
    County:

    School Ratings & Info

    School District:

    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.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T13:53:51.357.
    www.forcenj.com/homes/110359025
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    109 E Moreland Avenue HATBORO, PA 19040

    • Price: $785,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: PAMC665012
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1870
    Built
    Neighborhood:
    Abbey Downs
    County:
    Montgomery
    Area:
    Hatboro Boro (10608)
    School District:
    Hatboro-Horsham
    Property 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.
    Exterior Features

    Construction Materials Aluminum SidingOther Garage YN No Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 5672.00 Cooling Central A/CWindow Unit(S) Heating None Inclusions Refrigerators in ApartmentsOne Stack Up Washer/DryerCoin Operated Common Washer/DryerWindow Units As Shown. All in As is Condition. Net Square Feet 5672.00

    Property Features

    Acceptable Financing Conventional Accessibility Features None Association YN No Business Type Apartment BuildingMedicalOther/General RetailProfessionalOther Central Air YN Yes Cooling Fuel Electric Cross Street Penn Street Electric Circuit Breakers Electric Expense 750.00 Gross Income 76620.00 Heating Fuel Electric Hot Water Electric Incorporated City Name Hatboro Boro Insurance Expense 4550.00 Lease Considered YN Yes Maintenance Expense 1500.00 Navigable Water YN N Net Operating Income 57191.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 304314811825 Other Expense 2795.00 Owner Pays InsuranceSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession NegotiableSubject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8740.00 Tax Assessment Amount 200170.00 Transportation Commuter Rail Station Less Than 1 Mile Trash Expense 8626.00 Vacation Rental YN No Water Source Public Zoning Rc2

    Listing courtesy of Felte Real Estate.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T13:53:51.357.
     
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    Nexthome Force Realty Partners
    36 Monmouth Street, Unit 2
    Shrewsbury NJ, 07701