900 North Park Avenue

Norristown, PA 19403

$635,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located in the highly desirable Methacton school district and just off Germantown Pike, you will not want to miss seeing this unique 4 UNIT MULTIFAMILY with GARAGE ACCESS to approximately 3,000 SF of INDUSTRIAL/WAREHOUSE space. One of the multifamily units and the warehouse space is currently owner occupied. You can either live in one unit and use the commercial warehouse for your own personal/business needs OR lease out the entire building. The 4 multifamily units are comprised of one 3bed/2 bath...Located in the highly desirable Methacton school district and just off Germantown Pike, you will not want to miss seeing this unique 4 UNIT MULTIFAMILY with GARAGE ACCESS to approximately 3,000 SF of INDUSTRIAL/WAREHOUSE space. One of the multifamily units and the warehouse space is currently owner occupied. You can either live in one unit and use the commercial warehouse for your own personal/business needs OR lease out the entire building. The 4 multifamily units are comprised of one 3bed/2 bath unit, one 2 bed/1bath unit, and two 1 bed/1bath units. All units are extremely spacious and have their own private decks. There is a parking lot with 5 parking spaces and also street parking in front of the building. Assuming market rent for the owner occupied multifamily unit and industrial/ warehouse, the property is operating with an income of $96,000/year, expenses of $19,641/year, resulting in a 9% cap rate. Lots of potential here! Rents are currently under market and there is potential to increase rents and achieve a minimum 10% cap rate. Easy access to route 422, 202, and Germantown Pike. Property is being sold in AS-IS condition.
  1. Listed by Nina Gupta • Keller Williams Real Estate-Blue Bell
    P: 4848326019 nina@exclusiverealtorspa.com

Property Details for 900 North Park Avenue

Tax ID Number
67-00-00814-001
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
09-03-2022
Municipality
WORCESTER TWP
Add your commute
LISTING UPDATED: 06/15/2023 07:25 AM

Property Details for 900 North Park Avenue

StatusClosed
MLS #PAMC2048692
Days on Market270
Taxes$7,398 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1847
Lot Size0.46 AC / 20,000 SF
CountyMontgomery County
Add your commute

Building Information for 900 North Park Avenue

Stories-Residences1Year Built1847Building Size-Lot Size0.46 AC / 20,000 SF

Payment Calculator

$4,082 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,465

Property Taxes

$617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 900 North Park Avenue

Location
Location
  • School District Name: METHACTON
  • School District County ID: 300200397031
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Worcester Twp (10667)
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
Association / Community Info
Association / Community Info
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $203,640
  • Year Assessed: 2023
  • County Tax: $862
  • City Town Tax: $10
  • Clean Green Assessed: No
  • Land Use Code: 4100
  • Zoning: AGR
  • Tax Lot: 58
  • School Tax: $6,525
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Furnished: None
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 200.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 871829
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot - # of Spaces: 5
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Other
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Private
  • Sewer Septic: On Site Septic

Property History for 900 North Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 900 North Park Avenue

Taxable ValueLand$40,040Additions$163,600Total$203,640
Tax Record2023$7,713 ($643 / month)
Home Facts
Total Finished SqFt7,499 SqFtAbove Grade Finished SqFt7,499 SqFtStories2Lot Size20,000 SqFtStyleOffice BuildingYear Built1847ZoningCCountyMONTGOMERYAPN67-00-00814-00-1

Schools near 900 North Park Avenue

This home is within Methacton School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Eagleville El School
PublicK to 4

Skyview Upper El School
Public5 to 6

Arcola Intrmd School
Public7 to 8

Methacton 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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.

Listing Courtesy of Keller Williams Real Estate-Blue Bell

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.