Andrea Heskett
(610) 329-1622
SOLD
$502,500
Date 07/13/2021

206 S Chestnut Street
Ambler, PA 19002

Apartment Building
Residence
0.13
Acre Lot
1of
Photos
Map
Courtesy: Chris James Hector Realty
brightmlshomes.com> Pennsylvania> Ambler> 19002
Opportunity is knocking! This Ambler 5 unit has the potential for excellent cashflow. Presently the buildings are empty and awaiting the buyer's desired improvements. The main house consists living room, dining room, family room, eat in kitchen with laundry, 3-4 bedrooms and 1.5 baths. The back building offers 4 apartments. Two of these apartments are 2 bedroom and two apartments are 1 bedroom. The main house needs total renovations, damage to radiators, plumbing and cosmetics. The back building has 4 apartments with new carpet are almost tenant ready. Potential income over $6,000 per month!! When the property was occupied the house tenants paid their gas, electric, water, sewer, trash, snow removal. The apartment tenants paid for electric and heat. The expenses were approximately $11,000/year for taxes, insurance, water, sewer, trash. No maintenance landscaping out front. Conveniently located only a low traffic street only a few blocks to the Septa train station. Close to the Wissahickon Creek walking trail. Low property taxes. Great for investor or owner occupant looking for someone else to pay the mortgage. Bring all offers. Buyer responsible for any borough U&O or rental code required repairs.
PAMC681722
Apartment Building
MONTGOMERY
1900
0.13 Acres
Gas Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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