Check out this great package deal. 2 buildings, 2 deeds, 2 parcels, one fantastic investment. 117 Gravel Pike is a mixed use building consisting of a pizza shop as well as a 2 bedroom residential apartment on the second floor. 109 Gravel Pike consists of a 2407 square foot brick building zoned village commercial but currently occupied under a residential lease. In the back of the property is a 2-car garage rented separately. One big parking lot for everyone, one big return on your investment too. With this location and the exponential growth surrounding it, the value is only going to increase. The numbers work, so let's make a deal!
Step back in time in this charming home located on a former locally-operated farm. Originally built in the 1880s for the resident tenant farmer and his loved ones, the house has been lovingly converted to multifamily apartments with a great deal of charm. Modern amenities have been added over the years which makes these units very comfortable. While offering a great deal of character, this property offers the tenants the ability to slow down a bit, relax, read a book or visit with friends while sitting in the rocking chairs on the covered broad front porch. a great place to read in the morning or sip a cup of tea while taking in the quiet surroundings. Location adds to this properties many assets, which features parking for 10 cars, spacious apartments, convenient to transportation, shopping, and unlimited recreation and entertainment venues in the area. The stone and stucco exterior features aluminum capping to reducing necessary maintenance. Character, charm, and a great investment opportunity with excellent income.
Great village commercial mixed use building on heavily traveled location in Collegeville. Currently leased by a pizza shop on the first floor with a residential apartment on the second floor. The sky is the limit with this location! Many upgrades during the conversion from residential to mixed use included plenty of parking, newer gas heater and more. They don't build them like this anymore, especially with a 10% cap rate! In addition, the adjacent building at 109 Gravel Pike is also for sale. Buy separately or as a package deal for your investment portfolio. The value is only going to increase in this spot! Please do not inquire with the pizza shop regarding the real estate for sale.
Brick colonial zoned Village Commercial but currently used as residential rental. This is a 3bedroom home with a 2-car detached garage, all rented seperately. This property can be combined with MLS#6445232 as a package too. Great income in great shape, and huge upside potential with high traffic visibility for a village commercial use. The value is only going to increase with this location! Fully rented with signed written leases on everything, all expenses paid by tenants. Add to your investment portfolio or start it off on the right foot with this one!