2,128 SqFt
2,128 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $286
MLS Listing ID PAMC2174454
Style Cape Cod
Abv Grd Liv Area 2,128
Year Built 1946
Available Date 2026-04-13
Annual Tax Amount $4,081
Tax Year 2025
Lot Size 6,400 Sqft
Acres 0.15
Lot Dimensions 50.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
The first-floor unit offers 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit includes its own dedicated basement storage area, plus access to shared laundry facilities.
Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring throughout, creating a modern feel while keeping maintenance costs low. Combined with the separately metered utilities and recent major improvements, this property is especially well suited for an investor looking for a low-maintenance investment.
Utilities are separately metered, with tenants paying their own gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019, helping minimize near-term capital expenses.
Located in the highly desirable Upper Merion School District, this property benefits from strong and consistent rental demand. Its prime location and sought-after school district make it especially attractive to tenants and support long-term investment value.
Based on the seller's reported 2025 operating expenses and gross income, the property offers an estimated 6.7% cap rate at the proposed list price, offering a compelling in-place returns with both units currently leased.
A fully occupied, income-producing property with separate utilities, updated interiors, low-maintenance features, and strong investment fundamentals.
Don't miss out on this rare opportunity! Make your appointment today!
Location
State PA
County Montgomery
Area Upper Merion Twp (10658)
Zoning R2
Interior
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 2128
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Upper Merion
School District Upper Merion Area
Others
Tax ID 58-00-03502-004
Ownership Fee Simple
SqFt Source 2128
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
Agent | License ID: 2081154