Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1870
Sq.Footage
2,350
INVESTMENT OPPORTUNITY IN WALKABLE AMBLER BOROUGH! This ideally-situated duplex offers approximately 2,350 sq ft of living space across two spacious units, providing an excellent opportunity to acquire an income-producing property with established tenants and leases in place through 2027. The first-floor 2-bedroom, 1-bath unit offers approximately 970 sq ft with vinyl plank flooring, private laundry, gas boiler with baseboard heat, and one off-street parking space. The 2nd/3rd floor 3-bedroom, 1-bath unit offers approximately 1,380 sq ft and features an oversized kitchen and bathroom, a combination of vinyl plank flooring and carpeting, private laundry, gas baseboard heat, and two off-street parking spaces. A sliding glass door from the kitchen provides access to a large upper-level deck, offering desirable outdoor space. Both apartments have separately metered electric and gas, and the property also offers a shared backyard, storage shed, and unfinished basement providing additional storage. A perimeter French drain system and backup hydraulic sump pump provide added protection during heavy rain events and power outages. Value-add potential makes this an especially attractive investment opportunity. Current rents are believed to be below market, creating potential for increased rental income as the existing leases expire. Future renovations and strategic improvements could provide additional opportunity to enhance the units, increase rents, and potentially increase overall property value. Current rental information, expenses, and lease details are available upon request. Location is a standout feature. Situated just one block off Butler Avenue, the property is within easy walking distance of Ambler's popular restaurants, bars, coffee shops, shopping, parks, and entertainment. The Ambler SEPTA Regional Rail station is also nearby, and the property is located within the highly desirable Wissahickon School District. Don't miss out on this rare and awesome investment opportunity!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Recessed Lighting
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2350.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
On Street, Driveway
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1
-
Lot Size(square feet)
4,410
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$540,000
-
Tax Amount
$4,709
-
Sq. Footage
2,350
-
Price/SqFt
$229
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
018
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Angela M Perry, RE/MAX Centre Realtors
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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