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Glenside,PA 19038
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,895 sqft
Price per Sqft $173
MLS Listing ID PAMC2150098
Year Built 1925
Annual Tax Amount $14,091
Tax Year 2024
Lot Size 9,152 Sqft
Acres 0.21
Lot Dimensions 72.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Exceptional mixed-use investment opportunity featuring four income-producing units totaling 4,901 square feet. Currently generating $3,600 monthly income with potential for $5,600 monthly once the owner's current commercial space is leased. Property includes 1,545 sq ft commercial shop/garage currently rented at $1,200/month with powder room, office space, oil heat, central air, newer garage doors and generator hookup for entire property. Established 981 sq ft recording studio with 5-year tenant paying $1,200/month features open layout, powder room, brand new HVAC and 200 amp electrical service. The 1,199 sq ft tailor shop will be vacant at closing and offers $2,000/month rental potential with 5-year-old HVAC, 8-year-old siding, new windows and doors. Charming 1,176 sq ft two-bedroom apartment with new tenants on 2-year lease paying $1,200/month boasts full kitchen, full bath, living room and linen closet on first floor plus large loft bedroom with double walk-in closets on second floor, 3-year-old HVAC, 3 AC units and new wall oven. All units have separate utilities with tenants paying water, electric and renter's insurance while owner covers property insurance only. Additional features include basement storage with dual access, 200 amp electrical service on three units, and recent improvements throughout. Perfect for seasoned investor or owner-operator seeking immediate cash flow with upside potential. Well-maintained property with established tenant relationships provides excellent investment stability. Detailed property information sheet available in documents section with comprehensive details about each unit.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning COMMERCIAL MIXED USE
Interior
Hot Water Electric,Oil,Natural Gas
Heating Forced Air
Cooling Central A/C,Window Unit(s)
Heat Source Electric,Natural Gas,Oil
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-17269-007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard