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Photo of 64 N York Road, Willow Grove PA
64 N York Road
Willow Grove, PA 19090
# of Units
4
1 Bdrm Units
1
3 Bdrm Units
2
Acres
0.08
Interior SqFt
3,114
Age
104
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
7,384
Additional Details Below

Description

64 N York Rd is a 3 story, well maintained, mixed use property, with storefront. This one may be the best income producer in any investors portfolio. Located in the heart of Willow Grove and walking distance to train, bus, WG Mall, restaurants and more. Exterior is vinyl sided. First floor is the storefront space plus a 1BR, 1Bath unit in the rear. 2nd and 3rd floors are similar to each other. Each floor is a 3 BR with a common kitchen and bathroom. The 6 total bedrooms on both the 2nd and 3rd floors are rented weekly sharing a kitchen and bathroom on each floor. The 3rd floor features access to a large, covered deck. The property , in its current condition has an annual income of >$63,000 when fully occupied. Storefront and 1 room are currently vacant. Gross Rent Multiplier for comparable sales with the same income is about 10.0. This property makes even more sense when packaged with 60 Cherry St (MLS# PAMC2078386), which is bordering its rear boundary. Schedule to see both and start earning. Easy to show.

Location

Driving Directions

N York Rd between Davisville Rd and Church St

Listing Details

Summary
Architectural Type

Traditional

Interior Features
Basement

Stone

Exterior Features
Exterior Features

Frame

Utilities
Cooling

Window Unit(s), Electric

Heating

Hot Water, Radiator, Natural Gas

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Mixed
Lattitude : 40.142430
Longitude : -75.113700
MLS# : PAMC2078326
Views : 749
Listing Courtesy: John Houpert of Homestarr Realty

Notes

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