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1023 W Lancaster Avenue

BRYN MAWR, PA 19010
  • $650,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: PAMC2086638
UPDATED: 190 min ago
$650,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,900
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

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".

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-28T23:51:02.563.
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1023 W Lancaster Avenue BRYN MAWR, PA 19010

  • Price: $650,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 190 min ago
  • ID#: PAMC2086638
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,900
SQFT
$224
$/SQFT
1920
Built
Neighborhood:
None Available
County:
Montgomery
Area:
Lower Merion Twp (10640)
School District:
Lower Merion
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".
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Property Condition Good Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2900 Basement Interior Access Basement YN Yes Below Grade Unfinished Area 800 Cooling Central A/C Exclusions Commercial equipment in unit 1 Heating Forced Air Heating YN Yes Inclusions WasherDryerRefrigeratorDishwasher. Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Acceptable Financing Negotiable Accessibility Features None Assessment Year 2014 Central Air YN Yes Cooling Fuel None Cross Street Floyd Terrace Foundation Details Brick/MortarConcrete Perimeter Heating Fuel Natural Gas Hot Water Electric Municipality LOWER MERION TWP Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 2 Original MLSNumber 802675088766 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 7000.00 Tax Assessment Amount 214000.00 Total Actual Rent 54000.00 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning COMMERCIAL

Listing courtesy of Realty Mark Cityscape: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-28T23:51:02.563.
 
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