Hatfield, PA 19440,122 PENN AVE
Hatfield, PA 19440,122 PENN AVE
Hatfield, PA 19440,122 PENN AVE
Hatfield, PA 19440,122 PENN AVE
Hatfield, PA 19440,122 PENN AVE
Hatfield, PA 19440,122 PENN AVE
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$815,000

$949,900

14.2%
Est.Price: ?

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Est. payment /mo

5,234 SqFt


SOLD DATE : 05/27/2022

Key Details

Sold Price $815,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,234 sqft

Price per Sqft $155

MLS Listing ID PAMC2010126

Sold Date 05/27/22

Style Cape Cod

Abv Grd Liv Area 5,234

Originating Board BRIGHT

Year Built 1937

Annual Tax Amount $7,387

Tax Year 2022

Lot Size 0.388 Acres

Acres 0.39

Lot Dimensions 100.00 x 0.00

Property Description

This Hatfield Borough 4 unit offers a lucrative investment opportunity generating over $71,750 per year. This property includes (1) Four Bedroom Cape Cod Home, (2) Three bedroom units, and (1) Five bedroom unit. The Cape Cod style home that faces Penn Ave was the original home, while the 3 units were added in 2008/2009. All units are currently rented. The property includes a large 9 car paved parking area for tenants as well as on street parking. Each unit has it's own designated storage area, and a pay for laundry access in the basement. All units are in good to excellent condition and many tenants have been long term. Unit A is a 4 bedroom Cape Cod is rented by 4 individuals all with separate leases totaling $2350 per month. (owner pays these additional utilities on this unit only. Average monthly bills - Electric is $150 - Oil is $140). Unit B is a first floor 3 Bed/ 1.5 Bath unit and rents for $1125/month. (all electric and paid by tenant). Unit C is a first floor 3 Bed / 1 Bath unit and rents for $995/month. (all electric and paid by tenant). Unit D is a 2nd floor 5 Bedroom / 2 Full Bath unit and rents for $1495/month. (all electric and paid by tenant). The following items are avg. monthly costs paid by the owner and cover the total 4 units. Water $82 - Sewer $134 - Trash $82 - Insurance $263 - Taxes $580 - Maintenance/Repairs $480. Some of the current rents are below current market value. Schedule a showing today!

Location

State PA

County Montgomery

Area Hatfield Boro (10609)

Zoning R3

Rooms

Basement Unfinished, Walkout Stairs, Side Entrance, Interior Access

Interior

Hot Water Electric

Heating Baseboard - Electric, Baseboard - Hot Water

Cooling Window Unit(s)

Fireplace N

Heat Source Oil, Electric

Exterior

Garage Spaces 9.0

Waterfront N

Water Access N

Roof Type Shingle,Pitched

Street Surface Black Top

Accessibility 2+ Access Exits

Road Frontage Boro/Township

Total Parking Spaces 9

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District North Penn

Others

Tax ID 09-00-01480-005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Patricia K. Gallardo

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Bright MLS (BMLS)
Listed by Timothy S Dimmick • RE/MAX Reliance
Bought with Jeffrey P Silva • Keller Williams Real Estate-Blue Bell
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 980-4594

pkghomes@gmail.com

1765 Greensboro Station Place, Suite 900, Mclean

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