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518 FARVIEW AVE Hatfield, PA 19440
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $173
MLS Listing ID PAMC2013626
Sold Date 10/29/21
Style Other
Abv Grd Liv Area 1,728
Originating Board BRIGHT
Year Built 1948
Annual Tax Amount $2,678
Tax Year 2007
Lot Size 0.344 Acres
Acres 0.34
Property Description
Opportunity knocks! Investment properties like this are not often available. This duplex in Hatfield Borough has a 2BR two story apartment, a 1BR first floor apartment and a 2 car detached garage. First floor unit lease just ended on September 30th, so it is currently vacant. Rent on that unit was $1125/month (under market value). Second floor unit is currently rented for $875/month, is month-to-month (way under market value). 2 car detached garage is currently rented for $330/month (under market value). First floor unit was recently updated. There is a large driveway with plenty of parking. Projected monthly rental value for this property is $3000/month. With close proximity to shopping, dining, public transportation and employment opportunities, apartments in the North Penn area rent quickly and easily. Apartment tenants put electric in their name. Landlord charges a $100/month fee for oil to each apartment. Second floor apartment photos available upon request, and link to photos is in agent only remarks.
Location
State PA
County Montgomery
Area Hatfield Boro (10609)
Zoning R1
Interior
Hot Water Oil
Heating Hot Water
Cooling None
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Oil
Exterior
Garage Oversized
Garage Spaces 2.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Shingle,Pitched
Accessibility Mobility Improvements
Parking Type On Street, Driveway, Detached Garage, Other
Total Parking Spaces 2
Garage Y
Building
Lot Description Level, Front Yard, Rear Yard
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District North Penn
Others
Tax ID 09-00-00580-005
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Samuel David Scott • Blue Casa