NOT LISTED FOR SALE

16 E Summit St Souderton, PA 18964

-- Bed
-- Bath
-- Sq Ft
7,500 Sq Ft Lot

Last Sold March 15, 2018

Last sale price $268,000

15 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding
  • West Broad Street Elementary School Rated A
  • Ceiling Fan
  • 4-minute walk to Rotary Park

About This Home

As of March 2018

Great investment property opportunity with good cash flow! This property has Commercial space and two residential units in great condition! The property is currently tenant occupied with wonderful tenants that plan to stay! This property has a great rental history. Don't miss this opportunity for a 3 unit turn-key investment property!

Last Agent to Sell the Property

Thomas Skiffington

(800) 440-7362 tskiffington@remax.net RE/MAX 440 - Perkasie License #RM051427A Listed on: 01/11/2018

Last Buyer's Agent

Mickey Mignot

Mickey@realtyexecutives.com Realty Executives-Skippack License #RS168981L

Realty Executives-Skippack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 5 Open Parking Spaces

Home Design

  • Triplex
  • Pitched Roof
  • Shingle Roof
  • Slate Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 21-00-07096-002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Other Expense $480
  • Operating Expense $7,652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,372

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 480.00
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Store/Office
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

  • Annual Heating Expense: 2000.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil, Electric
  • Heating Type: Oil, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Attached Yn: Yes
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33540.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 640020
  • Tax Annual Amount: 4372.00
  • Assessor Parcel Number: 21-00-07096-002
  • Tax Lot: 022
  • Tax Year: 2017

MLS Schools

  • School District Name: SOUDERTON AREA

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $268,000 -2.5% --
03/02/2018 03/02/18 Price Changed $274,900 0.0% --
01/26/2018 01/26/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $274,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Skiffington

    Seller's Agent in 2018

    Thomas Skiffington

    RE/MAX

    (800) 440-7362

    1 in this area

    255 Total Sales

    Thomas Skiffington
    Section Image
  • Mickey Mignot

    Buyer's Agent in 2018

    Mickey Mignot

    Realty Executives

    21 Total Sales

    Mickey Mignot
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004448687

Bright MLS
Pennsylvania Montgomery County Souderton 18964

16 E Summit St, Souderton, PA

Not Listed for Sale

MultiFamily

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