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1023 W LANCASTER AVE Bryn Mawr, PA 19010
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Key Details
Sold Price $607,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $209
Subdivision None Available
MLS Listing ID PAMC2086638
Sold Date 12/27/23
Style Other
Abv Grd Liv Area 2,900
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,000
Tax Year 2022
Lot Size 1,500 Sqft
Acres 0.03
Property Description
This is your opportunity to own a triple income commercial or owner user property in the heart of the main line - Bryn Mawr PA. All units are currently occupied creating a combined rent of $4566 per month with yearly increases built into the rent. Unit 1 is a large retail storefront with a large front display glass window. It includes one fully renovated bathroom and a fully usable basement. This highly foot-trafficked unit is perfect for any retail operation. It is currently being operated as a nail salon. The unit is approximately 400 sq. ft. Unit 2 is a 1-bedroom 1-bathroom residential dwelling. The unit is approximately 450 sq ft. It has a private entrance on the side of the building and the bathroom was recently remodeled. Unit 3 encompasses the rear half of the building and is a two-and-a-half-story, 2-bedroom 1-bathroom apartment with a basement and private entrance in the rear. The unit has a large back patio space and a private paved area. The tri-plex is conveniently located in the heart of a shopping center with plenty of public parking directly across the street. The property is in great condition with no current issues. The roof was also redone this year. The Zoning Classification is "BMV4"-"Bryn Mawr Village District "4".
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning COMMERCIAL
Rooms
Basement Interior Access
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-30408-008
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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Bought with Maria Difrancesco • Times Real Estate, Inc.