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233 Cottage Avenue

HORSHAM, PA 19044
  • $599,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PAMC2071816
UPDATED: 75 min ago
$599,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

Description

This is a great opportunity to own an affordable investment property showing good income, good leases, good tenants, in good condition. Tenants pay all utilities, individually metered, 2 good sized 2-bedroom apartments plus 3 large garages add up to an over 7% cap rate. Please DO NOT walk on the property without a scheduled appointment and prospects must be pre-approved with proof of funds prior to showing so not to unnecessarily disturb these valuable tenants. All showings must be handled directly through the listing agent.

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©2023 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 The Shawn Martin Group | Keller Williams Flagship of Maryland. 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: 2023-06-01T17:54:14.27.
www.mymarylandrealestate.com/homes/139462489
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233 Cottage Avenue HORSHAM, PA 19044

  • Price: $599,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 75 min ago
  • ID#: PAMC2071816
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1930
Built
Neighborhood:
Horsham Twp (10636)
County:
Montgomery
Area:
Horsham Twp (10636)
School District:
Hatboro-Horsham
Property Description
This is a great opportunity to own an affordable investment property showing good income, good leases, good tenants, in good condition. Tenants pay all utilities, individually metered, 2 good sized 2-bedroom apartments plus 3 large garages add up to an over 7% cap rate. Please DO NOT walk on the property without a scheduled appointment and prospects must be pre-approved with proof of funds prior to showing so not to unnecessarily disturb these valuable tenants. All showings must be handled directly through the listing agent.
Exterior Features

Architectural Style Colonial Construction Materials Aluminum SidingStucco Garage YN No Other Structures ShedGarage(S) Parking Features Gravel Driveway Parking Types Driveway Pool No Pool Property Condition Good Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Electric Existing Lease Type Month To MonthYearly Foundation Details BlockStone Gross Income 51600.00 Heating Fuel Oil Hot Water Electric Insurance Expense 1500.00 Maintenance Expense 1500.00 Municipality Horsham Twp Navigable Water YN N Net Operating Income 44765.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense 15235.00 Operating Expense Includes InsuranceSnow RemovalTrash Original MLSNumber 802335922654 Owner Pays Common Area MaintenanceHeater Maintenance ContractInsuranceRepairsTaxes - Real EstateSnow RemovalTrash Collection Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5694.00 Tax Assessment Amount 151450.00 Tax Lot 54 Total Actual Rent 51600.00 Utilities Cable TvPhone Vacation Rental YN No Water Source Public Zoning Commercial

Listing courtesy of J Carroll Molloy: .


©2023 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 The Shawn Martin Group | Keller Williams Flagship of Maryland. 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: 2023-06-01T17:54:14.27.
 
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