120 Clement Rd
Description
The building is fully occupied and ready to provide strong cash flow from day one while also having significant long-term upside! This is a rare chance to own a quality multifamily asset in a highly rentable location. Looking for a 1031 exchange, this is the one! Don’t miss it and schedule your showing today!
- Listed by Stephen Paul Stout • Keller Williams Real Estate - MediaP: (858)-449-1569 steve@sellwithstout.com
Property Details for 120 Clement Road
Property Details for 120 Clement Road
| Status | Closed |
|---|---|
| MLS # | PAMC2135730 |
| Days on Market | 7 |
| Taxes | $10,462 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1960 |
| Lot Size | 0.15 AC / 6,380 SF |
| County | Montgomery County |
Location
Sold By Compass Pennsylvania, LLC
Building Information for 120 Clement Road
Payment Calculator
$5,624 per month
30 year fixed, 6.15% Interest
$4,752
$872
$0
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1Property Information for 120 Clement Road
- School District Name: SPRINGFIELD TOWNSHIP
- School District County ID: 300200397036
- SchoolDistrictSource: Listing Agent
- County: MONTGOMERY
- MLS Area: Springfield Twp (10652)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $211,860
- Year Assessed: 2025
- County Tax: $1,112
- Improvement Assessed Value: $0
- City Town Tax: $985
- Land Assessed Value: $0
- Clean Green Assessed: No
- Land Use Code: 1136
- Historic: No
- Zoning: B-1
- Tax Lot: 093
- School Tax: $8,282
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Common Area Maintenance, Taxes - Real Estate, Trash Collection, Sewer, Lawn/Shrub Care
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 4
- Three Bedroom Units Count: 0
- Units Leased Count: 4
- Number Of Units Vacant: 0
- Rent Control: No
- Existing Lease Type: Yearly
- Building Units Total: 4
- Total Finished SQFT: 3,690.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 3,690.00
- Total SQFT: 3,690.00
- Total SQFT Source: Assessor
- Construction Materials: Stucco, Brick
- Roof: Hip, Pitched, Unknown
- Basement Type: Full
- Foundation Details: Block
- Lot Size Source: Assessor
- Lot Size Dimensions: 58.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 790198
- Type Of Parking: Attached Garage, On Street, Off Street
- Num of Attached Garage Spaces: 4
- Total Garage Spaces: 4
- Off Street - # of Spaces: 4
- Parking Features: Asphalt Driveway, Private
- Garage Features: Basement Garage
- Fireplace: No
- Appliances: Built-In Microwave, Dishwasher, Microwave, Water Heater, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas
- Accessibility Features: None
- Security Features: Main Entrance Lock
- Spa: No
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: Circuit Breakers
- List Agent AOR: Tri-County Suburban REALTORS
- List Agent URL: www.SellWithStout.com
Property History for 120 Clement Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 2, 2025 | Closed BRIGHT #PAMC2135730 | $975,000 | — |
| Jun 27, 2025 | Closed (Public Record) Public Record #1905740201 | $975,000 | +12.1% / yr |
| Jun 9, 2025 | Pending BRIGHT #PAMC2135730 | — | |
| Jun 4, 2025 | Listed (Active) BRIGHT #PAMC2135730 | $900,000 | — |
| Jun 2, 2023 | Closed BRIGHT #PAMC2062674 | $750,000 | — |
| Apr 18, 2023 | Pending BRIGHT #PAMC2062674 | — | |
| Apr 18, 2023 | Active Under Contract BRIGHT #PAMC2062674 | — | |
| Apr 11, 2023 | Price Change BRIGHT #PAMC2062674 | $775,000 | — |
| Apr 11, 2023 | Listed (Active) BRIGHT #PAMC2062674 | — | |
| Mar 9, 2023 | Closed (Public Record) Public Record #1512636982 | $750,000 | +3.2% / yr |
| Feb 7, 2023 | Pending BRIGHT #PAMC2062674 | — | |
| Feb 7, 2023 | Active Under Contract BRIGHT #PAMC2062674 | — | |
| Jan 30, 2023 | Listed (Active) BRIGHT #PAMC2062674 | $725,000 | — |
| Jun 30, 2014 | Closed (Public Record) Public Record #420943977 | $570,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/02/2025 | Closed BRIGHT #PAMC2135730 | $975,000 |
| 06/27/2025 | Closed (Public Record) Public Record #1905740201 | $975,000 +12.1% / yr |
| 06/09/2025 | Pending BRIGHT #PAMC2135730 | — |
| 06/04/2025 | Listed (Active) BRIGHT #PAMC2135730 | $900,000 |
| 06/02/2023 | Closed BRIGHT #PAMC2062674 | $750,000 |
| 04/18/2023 | Pending BRIGHT #PAMC2062674 | — |
| 04/18/2023 | Active Under Contract BRIGHT #PAMC2062674 | — |
| 04/11/2023 | Price Change BRIGHT #PAMC2062674 | $775,000 |
| 04/11/2023 | Listed (Active) BRIGHT #PAMC2062674 | — |
| 03/09/2023 | Closed (Public Record) Public Record #1512636982 | $750,000 +3.2% / yr |
| 02/07/2023 | Pending BRIGHT #PAMC2062674 | — |
| 02/07/2023 | Active Under Contract BRIGHT #PAMC2062674 | — |
| 01/30/2023 | Listed (Active) BRIGHT #PAMC2062674 | $725,000 |
| 06/30/2014 | Closed (Public Record) Public Record #420943977 | $570,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 120 Clement Road
Schools near 120 Clement Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Springfield Township Elementary School-Enfield PublicK to 2 | ||
Springfield Twp El School-Erdenhm Public3 to 5 | ||
Springfield Twp Middle School Public6 to 8 | ||
Springfield Twp High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Real Estate - Media
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.