501 E MONTGOMERY AVENUE North Wales, PA 19454

$350,000
501 E MONTGOMERY AVENUE, North Wales, PA 19454
1001491636

Multi-Family Home for sale in North Wales, PA

for $350,000. This 2,164 square foot home was built in 1885 on a lot size of 25.

Property Information

  • $350,000
  • Multi-Family
  • 2,164 Square Feet
  • Taxes are $3,617
  • Other / Unknown
  • Active
  • Lot size of 25
  • Built in 1885
  • North Wales, PA
  • Montgomery County
  • MLS/Web ID is 1001491636

Description

Investors, good income for low price in downtown North Wales. Additional income is a Garage for $400 a month. Close to all public transportation, shopping and downtown entertainment. Upside on the leases $36600.00/ year in rents 9% Cap rate at asking price Property needs to be updated to maximize equity. All electric are separated and we have 4 meters Bi-Level Garage has water, electric and ready for Hot water heater.

Room Information

  • Master Bedroom

Interior 6

Basement

  • Basement
  • Full Basement
  • Unfinished

Building Amenities

  • Laundry

Heating Source

  • Electric

Heating System

  • Baseboard
  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Brick

Garage

  • 1 Car

Land Improvements

  • Sidewalks
  • Street Lights

Parking

  • Off Street Parking

† Excluded Feature

Neighborhood & Schools

School District: NORTH PENN
High School: NORTH PENN SENIOR

Listed By

Broker: KELLER WILLIAMS REAL ESTATE-DOYLESTOWN

501 E MONTGOMERY AVENUE, North Wales, PA, 19454 is a Multi-Family Home for sale at $350,000 with 2,164 sqft and a lot size of 25. 501 E MONTGOMERY AVENUE has 0.0 baths and was built in 1885. The property's zip code is 19454 which is in North Wales, PA

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in North Wales $530,299 52 % above $459,900 31 % above
Multi-family listings in North Wales $336,600 4 % below $350,000 0 % below
Sold listings in North Wales $242,471 31 % below $231,250 34 % below

Get the facts about North Wales, PA!

Population 2,805
Population Growth (since 2000) -16 %
Median Income $63,750
Median Age 40.83
Households w/ Children 32 %

Residential Dwellings

  • Owned 800
  • Vacant 46
  • Rented 323

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363