64 N YORK RD Active Save Request In-Person Tour Request Virtual Tour
Willow Grove,PA 19090
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,114 sqft
Price per Sqft $144
MLS Listing ID PAMC2078326
Style Traditional
Abv Grd Liv Area 3,114
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,802
Tax Year 2024
Lot Size 3,600 Sqft
Acres 0.08
Lot Dimensions 25.00 x 0.00
Property Description
64 N York Rd is a 3 story, well maintained, mixed use property, with storefront. This one may be the best income producer in any investors portfolio. Located in the heart of Willow Grove and walking distance to train, bus, WG Mall, restaurants and more. Exterior is vinyl sided. First floor is the storefront space plus a 1BR, 1Bath unit in the rear. 2nd and 3rd floors are similar to each other. Each floor is a 3 BR with a common kitchen and bathroom. The 6 total bedrooms on both the 2nd and 3rd floors are rented weekly sharing a kitchen and bathroom on each floor. The 3rd floor features access to a large, covered deck. The property , in its current condition has an annual income of >$63,000 when fully occupied. Storefront and 1 room are currently vacant. Gross Rent Multiplier for comparable sales with the same income is about 10.0. This property makes even more sense when packaged with 60 Cherry St (MLS# PAMC2078386), which is bordering its rear boundary. Schedule to see both and start earning. Easy to show.
Location
State PA
County Montgomery
Area Upper Moreland Twp (10659)
Zoning MIXED
Interior
Hot Water Electric
Heating Hot Water,Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Upper Moreland
Others
Tax ID 59-00-19510-006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Seller Financing
Listing Terms Cash,Conventional,Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard