Bought with Tobias Lee Biddle • Quality Real Estate-Broad St
$900,000
$995,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
450 GERMANTOWN PIKE Lafayette Hill, PA 19444
0.26 Acres Lot
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2167606
Sold Date 06/05/26
Year Built 1800
Available Date 2026-02-16
Annual Tax Amount $7,907
Tax Year 2025
Lot Size 0.258 Acres
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This fully occupied rental property contains 5 Rental units- 3- two bedroom apartments , 1 studio apartment and 1 commercial space and is strategically located in a thriving Business District, and is a significant investment property. The current owners have done all capital improvements including kitchens with microwaves and dishwashers, baths and each apartment has its own laundry. The combination of location, accessibility, and low operational costs makes this an attractive opportunity for savvy investors looking to expand their portfolio in a high-demand market. Tenants pay both heat and electric. Parking lot. Building is 100% rented. Gross Income $91,980 . Contact listing agent for expenses. Photos show some apartments prior to occupancy. Make this your next investment!
Location
State PA
County Montgomery
Area Whitemarsh Twp (10665)
Zoning VILLAGE COMMERCIAL
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Ductless/Mini-Split, Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 20
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Colonial
Middle Schools Colonial
High Schools Plymouth Whitemarsh
School District Colonial
Others
Tax ID 65-00-04645-006
Ownership Fee Simple
Acceptable Financing Cash, Negotiable, Conventional
Listing Terms Cash, Negotiable, Conventional
Financing Cash,Negotiable,Conventional
Special Listing Condition Standard
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