Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.18 acres
*** INVESTOR ALERT *** BUILDER ALERT*** This property features a profitable triplex in very good condition situated on a large lot that can be subdivided to allow for construction of additional single family home(s). Preliminary discussions with the Bridgeport Zoning Officer and Borough Manager have determined that the Borough would almost certainly approve a subdivision to allow one detached single family home. Furthermore, consideration would also be given to detailed plans for one set of twin homes or even possibly 3 attached townhomes if existing parking is reconfigured while still meeting setback requirements. Note that buyers and their agents should not rely on representations of sellers' and/or sellers' agent. Buyer and Buyer's agent should do their own due diligence and consult with the Borough of Bridgeport Zoning Officer about allowed uses and any other zoning related questions before making any offers (or provide for a reasonable due diligence period after Sellers' acceptance of an offer to allow time to do their own investigation). Bridgeport is conveniently located between King of Prussia and Norristown with easy access to Routes 476, 422, 202, 76, Turnpike and more. For commuters to Philadelphia, Septa's high speed rail line is just 1 block away. The triplex is in very good condition (inside and outside) and is profitable despite the owner having kept rents low for the long-time tenants. Contains two 1 bedroom apartments and one very large 3 bedroom apartment. Net income schedule for the triplex and seller's disclosure will be provided to serious prospects upon request. Sellers prefer not to disturb tenants with an inordinate amount of showings and asks that interested buyers first visit the outside of the property to determine if the grounds might suit their desires. Then, if satisfied, a second visit can be arranged to view each apartment. Listing agent is happy to answer any questions and to meet with buyers and their agent at the property. Feel free to contact listing agent with any questions or to schedule a visit. ***** This property is also listed in MLS under the "Multi-Family" category (MLS # PAMC2171966). Please see that listing for additional information regarding the triplex and additional interior pictures. *****
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.18
-
Lot Size(square feet)
8000.0
-
Property Type
Land
Price
-
Sales Price
$600,000
-
Tax Amount
$5,851
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
BRIDGEPORT
-
Middle School
UPPER MERION
-
High School
UPPER MERION AREA
Property Features
-
Sewer
Public Sewer
-
Tax Lot
014
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
BRIDGEPORT
Middle School
UPPER MERION
High School
UPPER MERION AREA
Listing Courtesy of Michael J DeOrzio , Michael J DeOrzio Real Estate Inc
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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