No Longer Available

Description

Nestled in the heart of Dresher, Pennsylvania, this captivating 4-unit complex stands as a testament to both history and modernity. Comprising two distinct live in buildings (plus a storage building) on a sprawling lot, this property offers a unique blend of residential charm and ample space The first building boasts three thoughtfully designed units, each featuring two bedrooms. The layout is crafted to provide comfortable living spaces, catering to the needs of a diverse range of residents. The second building holds a single, generously proportioned 4-bedroom unit, offering a more expansive living experience. And, a third building for storage. One cannot help but be captivated by the rich historical significance that envelops this property. Each brick and corner tells a story, adding a layer of character that resonates throughout. Despite the passage of time, the complex has been meticulously maintained, a testament to the conscientious owners who have dedicated themselves to its preservation. Situated on a notably large lot, this property not only provides a sense of spaciousness but also opens up possibilities for outdoor amenities or further development. The historic allure combined with the well-maintained condition creates a unique opportunity for those seeking a distinctive residential experience in the heart of Dresher. Adding to this unique property, is a standalone building on the premises that presents additional versatility. This separate structure could serve a variety of purposes, ranging from storage facilities to potentially functioning as lockers for the convenience of the tenants. The thoughtful consideration extends further with ample parking available for all residents. The provision of plentiful parking not only enhances the convenience of daily living but also underscores the commitment to providing a comfortable and practical living environment. Whether you are drawn to the historic charm, the diverse unit configurations, or the expansive lot, this 4-unit complex stands as a testament to thoughtful design, conscientious ownership, and the enduring appeal of historic properties. Lease Information: Unit #1 - 2 bedroom - is currently at $1,800 a month - The lease ends 9/30/24 Unit #2 2 bedroom - is at $1,395 (under market rent) - Month to Month - Projected rent $1,800 - Unit #3 - 2 bedroom - is at $895 (long term tenant, way under market rent) - Month to Month - Projected rent $1,800 - Unit #4 - 4 bedroom is at $1,795 (under market rent) - Month to Month - Projected rent $2,500 - $3,000 Current Monthly Rent Roll - $5,885 - Projected Rent Roll - $8,000 to $8,400 Features & Upgrades: *4 - Rental Units *Large Lot *Plenty Of Parking *Storage Area *New(er) Roof(s) - 2022 & 2023 *Upper Dublin School District *New Exterior Stairs (to unit #3) - 2023 *Roof Top Deck (unit #3) *Privacy Fence (unit #3) *Exterior Solar Lighting (by unit #2) *Central Air - (unit #4 - only) *French Drain *(2) Sump Pumps *Hot Water Heaters (3) - Newer *House Heater (main building) - Buderus G215 (Bosch) *Newer Appliances: Unit#1 - Stacked washer/dryer Unit#2 - Washer Unit#3 - Refrigerator Room Dimensions: Measurements Are Very Close To Accurate Unit #1 - 2 Bedroom Living Room 15x13 Kitchen 11x11 Bedroom 12x10 Bedroom 12x11 Bathroom 8x7 Unit #2 - 2 Bedroom Living Room 11x13 Dining Room 11x10 Kitchen 12x10 Bedroom 12x11 Bedroom 9x12 Bathroom 6x6 Unit #3 - 2 Bedroom Living Room 15x12 Kitchen 17x11 Bedroom 12x11 Bedroom 15x12 Bathroom 9x6 Unit 4: - 4 Bedroom Living Room 15x16 Dining Room 8x16 Kitchen 12x9 Laundry Room 8x6 Bedroom Master 12x13 Bedroom 12x12 Bedroom 12x10 Bedroom 11x9 Powder Room Bathroom