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345 Morris Road

FORT WASHINGTON, PA 19034
  • $849,999
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: PAMC2094128
UPDATED: 26 min ago
$849,999
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1873
County:

School Information

Middle School:
High School:
School District:

Description

Calling All Investors! Don+GGt Miss Out on This Fantastic Opportunity to Own a Rarely Offered,Turnkey Investment Property!!! Also Great For an Owner Occupied Investor, Live on the Beautiful Completely Updated 1st Floor Apartment and Have Tenants Pay Your Mortgage; This Multi-Family Property Has Been Completely Updated, is Fully Furnished, Fully Rented and is Cash Flowing! This Victorian Home Dates Back to 1873 and Has Been Completed Restored! Recent Updates Include a Brand New Driveway with Plenty of Parking, a NewRoof and New Heater! Walk to the Train, Restaurants, and This Fabulous Property is Only a Few Minutes from Major Highways Such as the Turnpike and 309; This a Boarding House That is Permitted by the Township for 5 Rooms, and 2 Apartments; There Are Two - 1 Bedroom Apartments with Full Kitchens and Full Bathrooms, Plus There Are 5 Additional Rooms That are Rented with Weekly Payments and Share a Large Bathroom! All Units are Rented with Long Term Tenants; Each Unit has at least a Microwave, a Small Refrigerator and is Furnished; Also There Are 2 Additional Parking Spots Rented From the Church Which is a Few Doors Down; The First Floor Apartment is Totally Separate and Completely Renovated with Refinished Hardwood Floors Throughout! This Apartment Features a Full Length Sunroom Entrance with 2 Ceiling Fans, a Foyer Entrance That Opens to the Spacious Living Room with Tons of Windows for Natural Light, And it is a Perfect Space for a Home Office; Also this Apartment Has a Full Kitchen with Granite Tops and Backsplash, New Cabinets, Recessed Lighting, Stainless Steel Appliances and a Dining Area! A Big Perk For The 1st Floor Apartment is a Personal Laundry Room & Back Entrance, a Spacious Master Bedroom with a Ceiling Fan, and a Bathroom That is Totally Updated with Tiled Shower Surround, Tiled Flooring and Walls! Lastly, the First Floor Apartment Has Access to a Full Basement For Additional Storage with a Brand New Concrete Floor! Tenants For The Other Rooms Have a Private Entrance on the Left Side of the Building; Through This Entrance the First Room is on the Left and is the Only Room with a Private Sink; Upstairs You+GGll Find a Landing with an Entrance To 3 of the Rooms as Well As the Entrance To the Oversized Bathroom as Well As An ATM Machine Which Makes it Very Easy for Tenants to Pay Their Rents; All 3 Rooms are Generously Sized Complete with Bedding, Dressers, Refrigerators, TVs, Microwaves and Ample Closet Space; Large Communal Bathroom Offers a Stall Shower, 4 Gym Lockers, a Storage Closet with a Vacuum and Other Common Supplies, a Coin Operated Washer & Dryer for Tenant Convenience That Generates Additional Income, a Coin Machine and Table; Third Floor Offers One More Generously Sized Room and the Second Private Apartment with Recessed Lighting, a Full Kitchen, Dining Area and Large Bedroom Space, Tons of Closet and Storage Space, and a Full Bathroom with a Stall Shower! See the Income & Expense Sheet in the MLS Downloads For All The Numbers! This Property is Unique as It Is Income Producing and Completely Updated, No Work is Needed! All Rents Are Below Market Leaving the New Owner with Additional Income!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T20:54:39.077.
www.newhometeammd.com/homes/147214014
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345 Morris Road FORT WASHINGTON, PA 19034

  • Price: $849,999
  • Status: Active
  • On Site: 24 Days
  • Updated: 26 min ago
  • ID#: PAMC2094128
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1873
Built
Neighborhood:
Whitemarsh Twp (10665)
County:
Montgomery
Area:
Whitemarsh Twp (10665)
Middle School:
Colonial
High School:
Plymouth Whitemarsh
School District:
Colonial
Property Description
Calling All Investors! Don+GGt Miss Out on This Fantastic Opportunity to Own a Rarely Offered,Turnkey Investment Property!!! Also Great For an Owner Occupied Investor, Live on the Beautiful Completely Updated 1st Floor Apartment and Have Tenants Pay Your Mortgage; This Multi-Family Property Has Been Completely Updated, is Fully Furnished, Fully Rented and is Cash Flowing! This Victorian Home Dates Back to 1873 and Has Been Completed Restored! Recent Updates Include a Brand New Driveway with Plenty of Parking, a NewRoof and New Heater! Walk to the Train, Restaurants, and This Fabulous Property is Only a Few Minutes from Major Highways Such as the Turnpike and 309; This a Boarding House That is Permitted by the Township for 5 Rooms, and 2 Apartments; There Are Two - 1 Bedroom Apartments with Full Kitchens and Full Bathrooms, Plus There Are 5 Additional Rooms That are Rented with Weekly Payments and Share a Large Bathroom! All Units are Rented with Long Term Tenants; Each Unit has at least a Microwave, a Small Refrigerator and is Furnished; Also There Are 2 Additional Parking Spots Rented From the Church Which is a Few Doors Down; The First Floor Apartment is Totally Separate and Completely Renovated with Refinished Hardwood Floors Throughout! This Apartment Features a Full Length Sunroom Entrance with 2 Ceiling Fans, a Foyer Entrance That Opens to the Spacious Living Room with Tons of Windows for Natural Light, And it is a Perfect Space for a Home Office; Also this Apartment Has a Full Kitchen with Granite Tops and Backsplash, New Cabinets, Recessed Lighting, Stainless Steel Appliances and a Dining Area! A Big Perk For The 1st Floor Apartment is a Personal Laundry Room & Back Entrance, a Spacious Master Bedroom with a Ceiling Fan, and a Bathroom That is Totally Updated with Tiled Shower Surround, Tiled Flooring and Walls! Lastly, the First Floor Apartment Has Access to a Full Basement For Additional Storage with a Brand New Concrete Floor! Tenants For The Other Rooms Have a Private Entrance on the Left Side of the Building; Through This Entrance the First Room is on the Left and is the Only Room with a Private Sink; Upstairs You+GGll Find a Landing with an Entrance To 3 of the Rooms as Well As the Entrance To the Oversized Bathroom as Well As An ATM Machine Which Makes it Very Easy for Tenants to Pay Their Rents; All 3 Rooms are Generously Sized Complete with Bedding, Dressers, Refrigerators, TVs, Microwaves and Ample Closet Space; Large Communal Bathroom Offers a Stall Shower, 4 Gym Lockers, a Storage Closet with a Vacuum and Other Common Supplies, a Coin Operated Washer & Dryer for Tenant Convenience That Generates Additional Income, a Coin Machine and Table; Third Floor Offers One More Generously Sized Room and the Second Private Apartment with Recessed Lighting, a Full Kitchen, Dining Area and Large Bedroom Space, Tons of Closet and Storage Space, and a Full Bathroom with a Stall Shower! See the Income & Expense Sheet in the MLS Downloads For All The Numbers! This Property is Unique as It Is Income Producing and Completely Updated, No Work is Needed! All Rents Are Below Market Leaving the New Owner with Additional Income!
Exterior Features

Construction Materials Stone Garage YN No Parking Types Driveway Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2538.00 Cooling Wall Unit Exclusions personal belongingsfew furniture items in first apartment Flooring CarpetCeramic TileHardwood Heating Radiator Heating YN Yes Inclusions all furniture Sold fully furnished Net Square Feet 2538.00

Property Features

Accessibility Features None Annual Gross Expense 29000.00 Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Cross Street LAFAYETTE AVE Foundation Details Stone Gross Income 89400.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality WHITEMARSH TWP Navigable Water YN N Net Operating Income 60400.00 New Construction YN No Number Of Units Total 7 Original MLSNumber 802837270812 Ownership Interest Fee Simple Possession NegotiableImmediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4601.00 Tax Assessment Amount 143740.00 Tax Lot 4 Vacation Rental YN No Water Source Public Zoning B

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T20:54:39.077.
 
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