ACTIVE

103 N Main St

Ambler PA, 19002

$829,000


$172.71 per sqft

ACTIVE

4,800 sqft

Commercial

Built in 1920

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.

PAMC2083166

MLS ID

May 9, 2024

Updated

Map

103 N Main St
Ambler PA, 19002

Interior Features

Total Stories

3


Interior Features

Wood, Carpet, Ceramic Tile, Hardwood


Appliances

Electric Water Heater


Floor Description

Wood, Carpet, Ceramic Tile, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Attic Fan, Ceiling Fan(s), Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Hot Water, Electric, Natural Gas

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Corner Lot


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

AMBLER BORO


Taxes

$4,875


Tax Frequency

Annually


Days on Market

197


Garage

No


Parking

On Street


Parking Total

1


View

No


County

MONTGOMERY


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

3/21/2024

Price Change

$829,000

-5%

Listed by Cheryl Korkus, with Coldwell Banker Realty
Listing Contact: 6105876879 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 6:04 AM UTC

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