265 FLORENCE DR, HARLEYSVILLE, PA 19438 (MLS # PAMC2083826)

PRICE $410,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 2,064 sqft
LOT SIZE 9,148 sqft

*UPDATE NOTE - DUE TO RECENT TRESPASSING AND HARASSMENT ISSUES - DO NOT GO TO THE PROPERTY WITHOUT AN APPOINTMENT! THERE IS SOMEONE STAYING IN THE LOWER LEVEL UNIT UNTIL THE CLOSING AND THEY HAVE ASKED FOR PRIVACY OUTSIDE OF SCHEDULED SHOWINGS! THE POLICE WILL BE CALLED ON ANYONE FOUND WALKING AROUND THE YARD, LOOKING IN WINDOWS, OR ATTEMPTING TO ENTER THE PROPERTY WITHOUT AN APPOINTMENT. AGENT MUST ACCOMPANY ANYONE GOING TO THE PROPERTY AND TIME SHOULD BE SCHEDULED THROUGH SHOWINGTIME. INVESTORS STAND UP AND TAKE NOTICE! FIRST YEAR POSITIVE CASH FLOW - EXTREMELY RARE!Why settle for only 10% annual rent to cost basis that BiggerPockets recommends when you can get 11% or more! Opportunities like this are extremely rare so when they pop up you MUST act fast. We priced this well below market due to the kitchens and baths being original from 1981. We factored in the possible cost to update to reach maximum value. In current condition both units could rent for about $1600/mo while the updated versions would rent as high as $2000/mo! This amazing duplex includes two 2br/1ba rentals with approximately 1000sf of living space. Add to that they each have private, dry basement storage and an absolutely breathtaking yard and you can easily see why this will be the most sought after property on the market. Built in 1981, this property sits quietly on 1/5th of an acre and offers solid rental capability in a neighborhood where the majority of properties are multi-family. Added bonus, the lower unit has a fully framed out extra room in the basement with electric that is ready to finish and turn into either a 3rd bedroom, an office, playroom, den, or workout space. The roof was replaced in 2021 and the windows are approximately 10-15yrs old. Flooring has been updated throughout and both units will be freshly painted. Both units are FULLY ELECTRIC (public record says oil but this is wrong) and are separately metered. Don't miss this incredible opportunity!

DAYS ON MARKET 44 LAST UPDATED 11/2/2023
TRACT HUNTER CREST YEAR BUILT 1981
COMMUNITY LOWER SALFORD TWP COUNTY MONTGOMERY
STATUS Sold PROPERTY TYPE(S) Multi Family

SCHOOLS
School District SOUDERTON AREA


ADDITIONAL DETAILS
AIR Central A/C
AIR CONDITIONING Yes
AREA LOWER SALFORD TWP
CONSTRUCTION Vinyl Siding
HEAT Forced Air
HOA DUES None
LOT 9148 sq ft
LOT DIMENSIONS 69.00 x 0.00
SEWER Public Sewer
STYLE Colonial, Detached
SUBDIVISION HUNTER CREST
TAXES 4966.00
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Keller Williams Real Estate-Montgomeryville, sold by Compass RE

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Updated: 1st October, 2018 1:16 PM.

Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: 21st October, 2019 2:34 PM.