Courtesy of: John Houpert, Homestarr Realty, jh@johnhoupert.com
Courtesy of: John Houpert, Homestarr Realty, jh@johnhoupert.com
$450,000
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Lot: 0.08 Acres
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Other
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$450,000
64 N YORK ROAD 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 by the room sharing a kitchen and bathroom on each floor. The 2nd floor features access to a large, covered deck. The property , in its current condition has an annual income of >$63, 000 when fully occupied. 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.
Courtesy of: John Houpert, Homestarr Realty, jh@johnhoupert.com
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