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Description
4 bedroom, 2 and 1 half bath in Lansdale for $595,000.00. We are selling a commercial/investment property in Lansdale, Pennsylvania, Montgomery County. This is an area with small town values, while still located close to big cities. You can experience the best of both worlds. No noise or air pollution, low crime rates, and an excellent school district. There are parks for recreational activities, a strong industrial base for jobs, and close proximity to universities and colleges, houses of worship, shopping, and cultural centers. History tells us that Lansdale was named after Phillip Lansdale Fox, a surveyor for the Pennsylvania Railroad during the middle 1800s. There are over 7,000 families and a population of more than 16,000. Lansdale is located thirty five miles north of downtown Philadelphia. Allentown is forty miles to the north. Thirty miles to the east is Pottstown. Skiing and the Pocono Mountains are only ninety miles to the north. Trenton, New Jersey is only thirty eight miles west, opening up access to beaches, casinos, and New York City. Wilmington, Delaware is only fifty one miles south. King of Prussia and the Route 202 business corridor twenty five miles away. Washington, D.C. is one hundred and thirty miles to the south. Lansdale is not only centrally located, it is close to the Pennsylvania Turnpike, both westbound and the Northeast Extension, and Routes 309, 100,113, 611, 202 and 422. This is a great investment opportunity. We are located on a corner property on Broad Street, in downtown Lansdale. We have a commercially zoned medical office. There is a nine room suite, which includes the waiting room, laboratory, consultation rooms, examination rooms, etc. This area is ideal for any type of medical practice or any other professional needs, such as insurance, accounting, real estate, or retail. This high traffic, high appeal location will make it easy for customers and clients to find you! Upstairs, on the second floor are two apartments, both with two bedrooms. They have a separate rear entrance. All of the rooms are large, with high ceilings, wood floors, and deep window sills. One has a living room; eat-in kitchen, featuring wood cabinets, a four burner electric stove, dishwasher, and garbage disposal; and two bedrooms, both with walk-in closets; and a bathroom with a sink and vanity, ceramic tile, and a tub/shower. The second unit has a dining room as well. Potential rental income is $1200 per month each, providing enough cash flow to amortize $300,000 of your mortgage! There are separate utilities, so your tenants pay for the electric and gas. Behind the medical suite is off street parking for about ten cars, with access to the parking lot from a side street. This area encompasses about 13,000 square feet with over 100 foot of frontage on Broad Street. Adjoining this property is a second property, separately deeded, which consists of a three car garage, and a black top parking area. The garage sits on the far corner of the lot, and has access from two sides. This area is about 8,700 square foot. It also has a township approval to build a four unit apartment building. We are offering both units as an entirety, but will entertain selling them individually. One apartment is vacant; the other has a month to month lease, and can be vacated on sixty days notice. The medical building would need ninety days to vacate. This offering is ideal for some one who wants to use the medical building for any one of a variety of businesses, and have rental income from the apartments. You could develop or sell off the rear parcel. Dont miss this opportunity! Take the virtual tours today!
- Property Features
- Style:House
- Bedrooms:4
- Bathrooms:2
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