103 N MAIN ST, Ambler, PA 19002 – PAMC2083166 - Don Perrin

$730,000

Est. payment -/mo

$799,000

8.6%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,800 SqFt

SOLD DATE : 10/03/2024

Key Details

Sold Price $730,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $152

Subdivision Ambler

MLS Listing ID PAMC2083166

Sold Date 10/03/24

Originating Board BRIGHT

Year Built 1889

Annual Tax Amount $5,287

Tax Year 2024

Lot Size 4,250 Sqft

Acres 0.1

Property Description

Don't miss this opportunity, with a Cap rate over 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom. Located in Highly sought after Wissahickon School District which is a huge enticement for tenants. 4800 Square Feet Total all with separate Utilities. Building Currently provides over 10% Cap Rate and is Truly hard to match
in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.

Location

State PA

County Montgomery

Area Ambler Boro (10601)

Zoning 4100

Interior

Hot Water Natural Gas, Electric

Heating Baseboard - Hot Water, Radiator, Baseboard - Electric

Cooling Window Unit(s), Attic Fan, Ceiling Fan(s)

Flooring Bamboo, Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 1.0

Waterfront N

Water Access N

Roof Type Built-Up,Asphalt

Accessibility None

Total Parking Spaces 1

Garage N

Building

Lot Description Corner

Foundation Stone, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Wissahickon

High Schools Wissahickon

School District Wissahickon

Others

Tax ID 01-00-02731-004

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Cheryl Korkus • Coldwell Banker Realty
Bought with Michael J Brown Jr. • Real of Pennsylvania

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655