$420,000
$425,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
1,500 SqFt
SOLD DATE : 10/05/2020
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $280
Subdivision Ardmore Crossing
MLS Listing ID PAMC645792
Sold Date 10/05/20
Style Colonial
HOA Y/N N
Abv Grd Liv Area 1,500
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,191
Tax Year 2020
Lot Size 7,040 Sqft
Acres 0.16
Lot Dimensions 40.00 x 0.00
Property Description
New Price! Welcome to 320 Locust Ave. This appealing Victorian style Duplex offers 2 nicely maintained units in the heart of the Lower Merion Township. Unit 1 has 1 bedroom and 1 bathroom and is tenant occupied with a lease that runs until September of 2020. Unit 1 is on the ground floor and includes a spacious kitchen, an abundance of natural light, lots of living space, a large bedroom, and a full bathroom. Unit 1 also offers a quaint and cozy outdoor living area that is ready for all of your gatherings, cookouts, or a quiet cup of coffee in the morning. Unit 2 has 2 bedrooms and 1 bathroom and is tenant occupied with a lease in place until March of 2021. Unit 2 is bi-level and features an open, eat-in kitchen that leads directly to an over-sized deck with beautiful views, 2 generously-sized bedrooms, a full bathroom, and the upper level is being used as a living room and offers additional storage. Unit 2's front porch is covered and has plenty of space to sit and enjoy some fresh air. Parking is plentiful in the rear of the home with more than enough room for 4 cars. This property offers a large, shared basement with laundry. This is an excellent location! Walking distance to the train station, the very popular Tired Hands Brewery & Restaurant, and other restaurants, shopping, and major roadways. This is a great investment opportunity, so set your appointment today! Below Market Rent: Unit 1 (1st Floor) $950/month, leased through September 2020 | Unit 2 (2nd Floor) $1045/month, leased through March 2021. 2019 Landlord Bills: Water $932 | Electric $395.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning R6A
Rooms
Basement Full
Interior
Interior Features Carpet, Combination Dining/Living, Tub Shower
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Carpet
Equipment Oven/Range - Electric
Fireplace N
Appliance Oven/Range - Electric
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Porch(es)
Garage Spaces 4.0
Waterfront N
Water Access N
Roof Type Shingle,Pitched
Accessibility None
Porch Deck(s), Porch(es)
Total Parking Spaces 4
Garage N
Building
Lot Description Level, Front Yard, Rear Yard
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-33428-003
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, FHA, VA, USDA
Listing Terms Conventional, Cash, FHA, VA, USDA
Financing Conventional,Cash,FHA,VA,USDA
Special Listing Condition Standard
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Bought with Kerry M Carr • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "