Address
109 E Moreland Avenue Hatboro, PA
Price
$ 785,000
Property Attributes
  • MLS#PAMC665012
  • TypeCommercial
  • CountyMONTGOMERY
  • CityHatboro
  • AreaHatboro Boro
  • NeighborhoodABBEY DOWNS
  • Zip19040
  • StyleApartment Building,Medical,/General Retail,Profess
  • Year Built1870
  • Taxes$ 8774
  • Price$ 785,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5672
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Felte Real Estate
Data Source:
Bright MLS
Property Description

Location, Location!!! Commercially zoned Office , mixed-use property Fully Occupied, with 5 units just a few short blocks from Hatboro's center of town shops, businesses and restaurants. This property, zoned RC2 Commercial, features 4 residential apartments plus 1 street level commercial space, which is approximately 1500 square feet and currently set up for office use. As a bonus, there is a shed that is also leased. This is a superb property for owner occupant or investor. In addition to Office use this property would be available for additional Retail Uses. The 4 apartments consisting of two 1 Bedroom and two 2 Bedroom units are currently fully occupied. This property is ideally located next to the SEPTA rail line with easy access to Center City and in close proximity to the Hatboro train station, the area's major roadways, shopping, banking, and restaurants. There is on-site parking for 15 cars and is ideal for an investor or a buyer seeking to occupy the 1st floor office space with the benefits of the income stream from the fully rented apartments in place. Office space is leased for $1450 per month plus utilities.

Price History
9/24/2020 Listed $785,000

General Features

Acceptable Financing Conventional
Accessibility None
Business Type Apartment Building, Medical, Other/General Retail, Professional, Other
Construction Materials Aluminum Siding, Other
Cool Fuel Electric
Cooling Central A/C, Window Unit(s)
County MONTGOMERY
Days on Market 266
Electric Circuit Breakers
Electric Expense 625.00
Heating None
MLS Area Hatboro Boro (10608)
Municipality HATBORO BORO
New Construction No
Ownership Fee Simple
Parking Features Paved Parking
Possession Negotiable, Subject to Existing Lease
Price Per Sq Ft 138.4
Property SubType Five Or More Units
Property Type Commercial Sale
Roof Shingle
Sewer Public Sewer
Subdivision Name ABBEY DOWNS
Tax Annual Amount 8774.0
Tax Year 2021
Trash Expense 873.00
Vacation Rental Y/N No
Water Access Y/N No
Zoning RC2

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Hot Water Electric

Exterior Features

Building Area Total 5672.00
Car Parking Spaces 15
Inclusions Refrigerators in apartments, one stack up washer/dryer, coin operated common washer/dryer, window units as shown. All in as is condition.
Lot Dimensions 70.00 x 0.00
Lot Size Acres 0.29
Lot Size Source Assessor
Lot Size Square Feet 12816.00
Navigable Water Y/N No
Total Parking Spaces 15
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19040

Price
AVG $200K
$790K
Taxes
AVG $7,128
$8,774
Visits
AVG 133
94
Year Built
AVG 1945
1870
Walkscore
AVG 71
72
Data Provided by Walkscore ® not using MLS data

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