Sold
CLOSED
104 E Main St
Lansdale PA, 19446
$280,000
Sold
CLOSED
1 Bed
Multi-family
Built in 1920
NEW PRICE ADJUSTMENT!!! Unique opportunity in downtown Lansdale to invest in this 2-unit duplex. The main level is a 3-room suite, ideal as an office or retail business. Upstairs is a complete one-bedroom apartment with full kitchen and bath. Both units are currently vacant. Based on market averages for Lansdale over the past 12 months, both units combined are capable of generating $28,968. Main level - approx. 900 SF x 1.28 (average price/SF in Lansdale for commercial leases over the past 12 months) would generate $1,152/month or $13,824/year. One bedroom apartment at $1,262/month x 12 months can generate $15,144/year. This is based on the average rent for the 24 closed leases for one bedroom apartments in Lansdale over the past 12 months. Data Source: Bright MLS.
There are two private entrances for each unit, as well as separate utilities, plus a two-car garage and fenced backyard. Put your stamp on this property and use it for two income streams immediately, run your business on the main floor and live upstairs, or live in the apartment while renting the main level. This property is currently zoned commercial/multi-use and can be utilized as retail, office or apartments. It is also possible to change the zoning back to residential. Contact Lansdale Borough for more information on that process. The main level features 3 large rooms, a powder room, access to the full unfinished basement for storage and a rear entrance for direct access to the yard and garage. The apartment features a huge family room, modern kitchen, full bath and a generously sized bedroom with walk-in closet and private direct access to the yard and garage. There is also a finished, unheated loft space which can be utilized for storage. This home sits on a corner lot in the desirable downtown part of Lansdale, just a short 7 minute walk to the SEPTA station (Lansdale/Doylestown Line), and only 5 minutes to Jefferson-Lansdale Hospital. Walk to coffee at Backyard Beans, or Starbucks, enjoy one of the many eateries like White Jasmine Tai Cuisine, New Station Pizza or Montella's Sports Bar or sample the offerings at Boardroom Spirits Distillery. Both units are currently vacant and available for immediate occupancy. Buyer responsible for verifying potential uses and zoning. Check out this flexible opportunity to live and rent, live and work, or invest in up-and-coming Lansdale!
PAMC2093736
MLSⓇ ID
January 26, 2024
Listed
December 20, 2024
Updated
Map
104 E Main St
Lansdale PA, 19446
Interior Features
Total Stories
2
Bedrooms
1
Interior Features
Walk-In Closet(s)
Appliances
Dishwasher, Refrigerator, Electric Oven, Electric Range, Cooktop, Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air, Baseboard, Oil
Exterior/Building Features
Lot Size
0.08 Acres
Architectual Style
Straight Thru
Sewer
Public Sewer
School Information
School District
NORTH PENN
High School
NORTH PENN
Other Property Details
Area Name
LANSDALE BORO
Taxes
$4,802
Tax Frequency
Annually
Days on Market
180
Garage
Yes
Garage Spaces
2
Parking
Asphalt, Detached
Parking Total
2
View
No
County
MONTGOMERY
Water Source
Public
Pool
No
Zoning
Retail, Office, Apts - Multi-Use
Listing History
Date | Event | Price |
---|---|---|
11/27/2024 | Sold | $280,000 |
11/20/2024 | Price change | $280,000 -4% |
8/1/2024 | Under contract | — |
7/16/2024 | Price change | $289,000 -4% |
5/5/2024 | Price change | $299,000 -4% |
2/27/2024 | Active | — |
2/17/2024 | Under contract | — |
Listed by RE/MAX Main Line-Kimberton
Listing Contact: 6105641491
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/20/2024. 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 12/20/2024 at 7:39 PM UTC