Overview

Description

Corner

Don't miss this opportunity, with a Cap rate of 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom. Located in Highly sought after Wissahickon School District which is a huge enticement for tenants. 4800 Square Feet Total all with separate Utilities. Building Currently provides a Great 10% Cap Rate and is Truly hard to match
in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.

Highlights

• Days on Market: 236
• Heating: Baseboard - Hot Water, Radiator, Baseboard - Electric

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Listing ID: 802598086574

Location

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