140 Pleasant Street

Conshohocken, PA 19428

$480,000
Last Sold Price
Beds
2,052 Sq. Ft.
$234 / Sq. Ft.
2,052
Sq. Ft.
$234
per Sq. Ft.

Description

Great investment opportunity to rent out two nice units in a very desirable area! OR, a fabulous opportunity for an owner occupant scenario where owner lives in one unit and rents the other, having the tenant almost entirely paying their mortgage! This charming and cozy duplex located in West Conshohocken has 2 units, each unit offers separate utilities (except cold water), Central AC, THREE parking spaces (yes, 3 for each unit), private outdoor spaces for each and each has their own storage shed....Great investment opportunity to rent out two nice units in a very desirable area! OR, a fabulous opportunity for an owner occupant scenario where owner lives in one unit and rents the other, having the tenant almost entirely paying their mortgage! This charming and cozy duplex located in West Conshohocken has 2 units, each unit offers separate utilities (except cold water), Central AC, THREE parking spaces (yes, 3 for each unit), private outdoor spaces for each and each has their own storage shed. The lower level unit has 3 nicely sized bedrooms, a nicely updated kitchen, separate dining area with large closet, a generously sized living room with coat closet and full bath with washer and dryer. Outside, you will fall in love with a delightful patio for plenty of outdoor seating, a fire pit and a storage shed, not to mention 3 parking spots right out front. Upstairs also find 3 full bedrooms, a large living and dining area, a nicely sized kitchen and 2 decks plus 3 parking spaces and large storage shed. Owner lives downstairs and family members live upstairs. The market rates for each unit would be between 1700-1800 a month. At today's rates (assuming 3%) with 20% down, the total mortgage payment would be roughly $1900 including taxes and insurance. Owner could live in one unit and rent the other having the tenant pay almost 100% of the owner's mortgage! Both units will be left empty at time of settlement so the new owner has the option of owner occupancy in one and rent the other OR rent them both!

Listing Agent

Property Details for 140 Pleasant Street

Tax ID Number
24-00-02222-004
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
06-02-2021

Location

Sold By Keller Williams Real Estate-Doylestown

Add your commute
LISTING UPDATED: 08/25/2022 01:14 AM

Property Details for 140 Pleasant Street

StatusClosed
MLS #PAMC681454
Days on Market6
Taxes$3,045 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1990
Lot Size0.19 AC / 8,250 SF
CountyMontgomery County

Location

Sold By Keller Williams Real Estate-Doylestown

Add your commute

Building Information for 140 Pleasant Street

Stories-Residences2Year Built1990Building Size-Lot Size0.19 AC / 8,250 SF

Payment Calculator

$2,873 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,620

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Pleasant Street

Location
Location
  • School District Name: UPPER MERION AREA
  • School District County ID: 300200396617
  • Elementary School: GULPH (MONTGOMERY PA)
  • Middle Or Junior School: UPPER MERION (MONTGOMERY PA)
  • High School: UPPER MERION (MONTGOMERY PA)
  • County: MONTGOMERY
  • MLS Area: West Conshohocken Boro (10624)
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: 2020
  • Tax Assessed Value: $118,070
  • Year Assessed: 2020
  • County Tax: $408
  • Improvement Assessed Value: $0
  • City Town Tax: $139
  • Land Assessed Value: $0
  • Zoning: R2
  • Tax Lot: 008
  • School Tax: $2,497
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $5,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
Financial Information
Expenses
  • Insurance Expense: $1,100
  • Other Expense: $900
Financial Information
  • Annual Rental Income: $43,200
  • Cap Rate: 8.67
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,052.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 643937
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 6
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None, Level Entry - Main, No Stairs
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 140 Pleasant 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 140 Pleasant Street

Taxable ValueLand$40,240Additions$77,830Total$118,070
Tax Record2023$3,348 ($279 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,826 SqFtAbove Grade Finished SqFt1,426 SqFtFinished Basement SqFt400 SqFtStories1Lot Size8,250 SqFtStyleSingle Family ResidenceYear Built1990ZoningR2CountyMONTGOMERYAPN24-00-02222-00-4

Schools near 140 Pleasant Street

This home is within Upper Merion Area School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Bridgeport Elementary School
PublicK to 4

Upper Merion Middle School
Public5 to 8

Upper Merion High School
Public9 to 12

Gulph El School
PublicK to 4

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.

Similar Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.