Collegeville, PA 19426,117 GRAVEL PIKE

$173,000

$184,900

6.4%
Est.Price: ?

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Est. payment /mo

9,600 Sqft Lot


SOLD DATE : 08/29/2016

Key Details

Sold Price $173,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Rahns

MLS Listing ID 1002649772

Sold Date 08/29/16

HOA Y/N N

Originating Board TREND

Year Built 1889

Annual Tax Amount $3,978

Tax Year 2016

Lot Size 9,600 Sqft

Acres 0.22

Lot Dimensions 60

Property Description

Unique investment. Remodeled building housing commercial space on first floor currently leased by a Pizza Shop. In addition, there is a three bedroom apartment on second and third floors. Entire building was rewired and renovated in 2004, with plenty of parking and newer gas heater. First floor tenant pays all common area maintenance. This is a great opportunity with a 10% cap rate! In addition the adjacent building at 109 Gravel Pike is also for sale. The possibilities increase with the option to buy as a package deal. The value is only going to increase in this spot! Please do not inquire with the Pizza Shop regarding the real estate for sale.

Location

State PA

County Montgomery

Area Perkiomen Twp (10648)

Zoning VCR

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Waterfront N

Water Access N

Garage N

Building

New Construction N

Schools

School District Perkiomen Valley

Others

Tax ID 48-00-01102-002

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Mark G Zeller • RE/MAX Reliance
Bought with John J Meulstee • Long & Foster-Doylestown2

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