12 West Mt Vernon Street

Lansdale, PA 19446

$230,000
Last Sold Price
Beds
1,933 Sq. Ft.
$119 / Sq. Ft.
1,933
Sq. Ft.
$119
per Sq. Ft.

Description

Great investment opportunity in Lansdale. This charming Triplex is fully occupied by long term tenants. Common front entrance. The main level apartment offers a huge bedroom, hallway bathroom, living room, kitchen and heater back porch (presently used for sleeping). The main level has inside access to the basement for use of storage room and laundry hookups. The first floor has been rented since 2010 for $775 per month, this tenant maintains the grass and pays for electric and gas heating. The large...Great investment opportunity in Lansdale. This charming Triplex is fully occupied by long term tenants. Common front entrance. The main level apartment offers a huge bedroom, hallway bathroom, living room, kitchen and heater back porch (presently used for sleeping). The main level has inside access to the basement for use of storage room and laundry hookups. The first floor has been rented since 2010 for $775 per month, this tenant maintains the grass and pays for electric and gas heating. The large second floor apartment consists of a foyer, bathroom, eat in kitchen, living room, office and large bedroom with built-ins. This apartment has been rented since 2003 for $700, the tenant pays for electric. The second floor gas heater has been disconnected at tenants request. The third floor apartment offers an eat in kitchen, living room, large hallway bathroom and bedroom. This apartment has been rented since 2015 for $670. The tenant pays for electric and gas. The property needs some TLC and will be sold as-is. Needed improvements include ( but not limited to) window replacement, bathroom repairs in all three units, 2nd floor heater, 2nd floor stove. Some original charm still present. Rents are well below market value but tenants would love to continue renting.
  1. Listed by Andrea L Heskett • Chris James Hector Realty
    P: 6103291622 andreaheskett@gmail.com

Property Details for 12 West Mt Vernon Street

Tax ID Number
11-00-11092-003
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
LANSDALE BORO

Location

Listing Courtesy of Chris James Hector Realty

Sold By Chris James Hector Realty

Add your commute
LISTING UPDATED: 08/23/2022 12:39 AM

Property Details for 12 West Mt Vernon Street

StatusClosed
MLS #PAMC665966
Days on Market47
Taxes$4,423 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.09 AC / 3,750 SF
CountyMontgomery County

Location

Listing Courtesy of Chris James Hector Realty

Sold By Chris James Hector Realty

Add your commute

Building Information for 12 West Mt Vernon Street

Stories-Residences3Year Built1900Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$1,624 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,255

Property Taxes

$369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 West Mt Vernon Street

Location
Location
  • School District Name: NORTH PENN
  • School District County ID: 300200397039
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Lansdale Boro (10611)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $121,030
  • Year Assessed: 2021
  • County Tax: $440
  • City Town Tax: $696
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 1134
  • Zoning: B
  • Tax Lot: 028
  • School Tax: $3,288
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Vacancy Allowance Rate: .00%
  • Rent Control: No
Financial Information
Expenses
  • Trash Expense: $1,020
  • Other Expense: $2,000
Financial Information
  • Gross Income: $25,740
  • Net Operating Income: $18,298
  • Annual Rental Income: $25,740
  • Cap Rate: 6.90
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 29.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Parcel ID: 609103
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Floor Plan - Traditional
  • Fireplaces Count: 0
  • Appliances: Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Fire Escape
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers, 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 12 West Mt Vernon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12 West Mt Vernon Street

Taxable ValueLand$41,010Additions$80,020Total$121,030
Tax Record2023$5,090 ($424 / month)
Home Facts
Baths3Total Finished SqFt1,933 SqFtAbove Grade Finished SqFt1,933 SqFtStories2Lot Size3,750 SqFtStyleTriplexYear Built1900ZoningBCountyMONTGOMERYAPN11-00-11092-00-3

Schools near 12 West Mt Vernon Street

This home is within North Penn School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 9
Public - 10 to 12
Private - PK to 8
Rating
School
Distance
York Avenue El School
PublicK to 6

Penndale Middle School
Public7 to 9

North Penn Senior High School
Public10 to 12

Mater Dei Catholic School
PrivatePK to 8

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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Listing Courtesy of Chris James Hector Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.