64 N York Road Willow Grove, PA 19090
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMontgomery
- Taxes$7,384
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID NumberPAMC2078326
- Home Size Source Estimated
- Year Built1920
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Traditional
- Construction Frame
- Parking On Street
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.08
- Water Public
- Cross Street Cherry
- Attached Garage No
- Foundation Stone
- Zoning MIXED
Interior Features
- Cooling Window Unit(s)Electric
- Heating Hot WaterRadiatorNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area Upper Moreland Twp (10659)