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371 & 373 EASTON RD Horsham, PA 19044
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Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2063894
Sold Date 04/26/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $5,606
Tax Year 2022
Lot Size 4,925 Sqft
Acres 0.11
Lot Dimensions 23.00 x 0.00
Property Description
Zoned Commercial, Multi Use Apartment Building and Retail space ALL currently occupied. Please take note this listing reflects 371 Easton Rd. parcel #36-00-03967-002 (3077 sq ft.) AND parcel #36-00-03970-008 (1218 sqft) totaling 4 One bedroom, 1 full bath apartments and retail space. 371 Easton Rd. parcel #36-00-03967-002 (3077 sq ft.) consists of 2 apartments, each having 1 bedroom, 1 full bath,(tub & shower in 2nd floor unit, stall shower in 1st floor unit) living area and the retail space which is currently Beths Flower Boutique.The flower shop does have its own address of 369 Easton Rd. but part of address 371. AND parcel #36-00-03970-008 (1218 sqft) consisting of 2 apartments, each having 1 bedroom, 1 full bath(tub & shower in 2nd floor unit, stall shower in 1st floor unit) and living room. 3 of the 4 units have been updated recently with new cabinets, granite countertops, ceramic tile backsplash, updated bathroom and freshly painted and all units have the original hardwood floors that were redone not long ago. Unit 371A and Unit 373A have separate accesses to the basement for added storage which houses newer heaters and hot water heaters for all units. Basement is divided, so it is private to each of these tenants. Units 371B and Unit 373B have access to a walk-up floored attic for additional storage. Each unit has its own electrical panel and central air. Apartment tenants are month to month EXCEPT 371B ( lease until 1/31/24) all tenants would love to stay. Retail space (flower shop) has a lease in place until August 31, 2024 . Parking is designated to each unit. Great Investment opportunity, strong rental income history in desirable Horsham Area, close to shopping, restaurants, and PA turnpike.
Location
State PA
County Montgomery
Area Horsham Twp (10636)
Zoning COMMERCIAL
Interior
Hot Water Electric, Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Hardwood, Partially Carpeted, Ceramic Tile
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Keith Valley
High Schools Hatboro-Horsham Senior
School District Hatboro-Horsham
Others
Tax ID 36-00-03967-002 & 36-00-03970-008
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Paul Sabia • RE/MAX Keystone