Multifamily For Sale

$619,440

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13 N 7th Street

  • – beds
  • – baths
  • – sqft
  • 4,500 sqft lot

Great Multi use investment opportunity, good condition and long term tenants, second floor office space but great opportunity to convert second floor into two additional apartments, 4 Storage spaces in basement. Electric is metered separately Unit 1- level 2 Office space 1900 sq ft, 5 private offices, kitchen, conference room, 2 bathrooms, open space Could be $1,700. Unit 2 Level 2 Leased Apartment 1,100 sq ft for $800 but could easily be $1,100 Unit 3 Level 1 - 600sq ft could be office or apt Unit 4 Level 1 Retail store front, long-term tenant, 200sq ft for $1,800 Office space on 2nd floor could be3 converted to apt space. Check with local zoning. Seller is willing to convert 2nd floor office space into 3 bedroom appt. Pics and plans attached. So currently 3 units occupied - The first floor store front for $1,800 monthly, 2nd floor 2 bedroom apt for $800.00. It is under market and the 1st floor office for $500.00. This building has great flexible space and current owners are willing to convert the 2nd floor large office space into a 3 bedroom apt. Plans attached.

BRIGHT logo Listing courtesy of BRIGHT / RE/MAX 440 - Perkasie

Last checked: Checking… • Last updated May 6, 2021 •

MLS# PABU510596 —

Amenities & Taxes

The Building

Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Brick, Other
Structure Type:
Twin/Semi-Detached
Architectural Style:
Converted Dwelling
Historic:
No
Building Units Total:
4
Accessibility Features:
None
Basement:
Yes
Basement Type:
Full
Total SQFT Source:
Assessor
Total Below Grade SQFT Source:
Assessor

Interior

Fireplace:
No
Living Area SQFT Source:
Assessor

Room Dimensions

Living Area SQFT:
0 Sqft

Financial & Terms

Sale Type:
Standard
Possession:
Settlement

Location

Directions:
W Market to N 7th to property on the right. End of row.
Latitude:
40.37505341
Longitude:
-75.29507446

The Property

Property Type:
Multi-Family
Property Sub Type:
Other
Lot Size Acres:
0.10
Lot Size Source:
Assessor
Lot Size Dimensions:
36.00 x 125.00
Lot Dimensions Source:
Assessor
Lot SQFT:
4,500 Sqft
Other Structures:
Above Grade, Below Grade
Zoning:
C2
Water View:
No
Waterfront:
No
Navigable Water:
No
Water Access:
No
Water Oriented:
No
Lot Size Units:
Square Feet
Ground Rent Exists:
No
Riparian Rights:
No
Land Use Code:
4111
Tidal Water:
No

Listing Agent

Contact info:

Taxes

Tax ID Number:
33-005-486
Tax Year:
2021
Tax Lot:
486
Tax Annual Amount:
$5,777
Tax Assessed Value:
$34,600
Year Assessed:
2021
School Tax
4680.0
County Tax:
881.00
City/Town Tax:
216.00
Total Taxes Pymnt Freq:
Annually

The Listing

Virtual Tour:
Virtual Tour
Buyer's Brokerage Compensation:
2.5%
Buyer Agency Comp Type:
% Of Gross

Heating & Cooling

Cooling Fuel:
Electric
Cooling Type:
Central A/C
Central Air:
Yes
Heating:
Yes
Heating Type:
Forced Air
Heating Fuel:
Electric

Utilities

Sewer Septic:
Public Sewer
Hot Water:
Electric
Water Source
Public

Schools

School District Name:
Pennridge
School District Source:
Listing Agent

The Community

Spa:
No
Pool:
No Pool
Municipal Trash:
No

Parking

Type of Parking:
On Street
Garage:
No

Extra Units

Vacation Rental:
No
Single Room Units:
1
One Bedroom Units:
2
Three Bedroom Units:
1

Schools

Rating Details

Pennridge High School

  • Public
  • 9-12
  • 1.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
4/2/21
Listed / Active BRIGHT $619,440

Finding records…

No additional history available

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