Seller's Agent in 2022
Terry Musser
Compass RE
(484) 949-1719
23 in this area
197 Total Sales
621 W Ridge Pike Royersford, PA 19468
Limerick Township Neighborhood
--
Bed
2
Baths
2,500
Sq Ft
1.38
Acres
Highlights
- 1.38 Acre Lot
- Colonial Architecture
- Porch
- Limerick Elementary School Rated A
- Wood Flooring
- Back, Front, and Side Yard
About This Home
As of April 2022Welcome to 621 W. Ridge Pike located on a 1.35+ acres within Spring-ford school district in Limerick Township. This property has many opportunities for investors and business owners. Zoned mixed use, you have two building structures with a multitude of opportunities. The front single home has two units, one is a two bedroom, one full bathroom rental with its own laundry in the unit. Also equipped with a dining area directly outside of the kitchen. The second unit is three bedrooms, one full bathroom and runs three floors with plenty of space to spread out. This unit also has their own washer/dryer. The detached garage has a two bedroom unit that has been fully renovated, equipped with its own mudroom with washer/dryer. Beneath there are three garage bays, two which are heated, and additional storage units. All units are currently rented with leases in place and with over an acre of land there is plenty of room to expand. This property is perfect if you want to make income while also operating your business on site, or simply just as an investment property. This is a must see with the possibility of a cap rate of over 9%! Get prequalified with your realtor or us today and we can provide you cap rates, cash flow, and more!
Last Agent to Sell the Property
(484) 949-1719 terrymusserteam@gmail.com Compass RE License #AB050668L Listed on: 01/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,324
Year Built
- Built in 1909
Lot Details
- 1.38 Acre Lot
- Lot Dimensions are 100.00 x 0.00
- Back, Front, and Side Yard
Parking
- Gravel Driveway
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Slab Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Basement Fills Entire Space Under The House
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Range
- Stove
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile or Brick
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heating System Uses Steam
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Porch
Listing and Financial Details
- The owner pays for common area maintenance, water, sewer, sewer maintenance
- Tax Lot 025
- Assessor Parcel Number 37-00-04072-004
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- Income includes apartment rentals, parking, shop rentals
- Net Operating Income $47,576
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $650,000 | -10.3% | $260 / Sq Ft | |
| 03/15/2022 03/15/22 | Price Changed | $725,000 | -3.3% | $290 / Sq Ft | |
| 03/02/2022 03/02/22 | Price Changed | $750,000 | -8.0% | $300 / Sq Ft | |
| 02/15/2022 02/15/22 | Price Changed | $815,000 | -4.1% | $326 / Sq Ft | |
| 01/28/2022 01/28/22 | For Sale | $850,000 | 0.0% | $340 / Sq Ft | |
| 01/26/2019 01/26/19 | Rented | $1,200 | 0.0% | -- | |
| 01/25/2019 01/25/19 | For Rent | $1,200 | 0.0% | -- | |
| 01/24/2019 01/24/19 | Off Market | $1,200 | -- | -- | |
| 01/18/2019 01/18/19 | Price Changed | $1,200 | -17.2% | $1 / Sq Ft | |
| 01/16/2019 01/16/19 | For Rent | $1,450 | +16.0% | -- | |
| 12/02/2016 12/02/16 | Rented | $1,250 | -13.8% | -- | |
| 12/01/2016 12/01/16 | Under Contract | -- | -- | -- | |
| 10/22/2016 10/22/16 | For Rent | $1,450 | 0.0% | -- | |
| 03/24/2016 03/24/16 | Sold | $220,000 | -12.0% | $94 / Sq Ft | View Prior Sale |
| 03/11/2016 03/11/16 | Pending | -- | -- | -- | |
| 08/10/2015 08/10/15 | Price Changed | $249,900 | -9.1% | $107 / Sq Ft | |
| 05/26/2015 05/26/15 | For Sale | $275,000 | -- | $118 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Terry Musser
-
Kelli Musser
Seller Co-Listing Agent in 2022
Kelli Musser
Compass RE
(484) 949-1719
25 in this area
168 Total Sales
-
John Port
Buyer's Agent in 2022
John Port
Long & Foster
(215) 852-8689
1 in this area
404 Total Sales
-
Mike Mulholland
Buyer Co-Listing Agent in 2022
Mike Mulholland
Long & Foster
(610) 996-7222
1 in this area
878 Total Sales
-
Jacquelyn Rhoads
Seller's Agent in 2016
Jacquelyn Rhoads
RE/MAX
(215) 896-0345
14 in this area
111 Total Sales
-
M
Buyer's Agent in 2016
Matthew Moore
Keller Williams Main Line
Map
Source: Bright MLS
MLS Number: PAMC2024920
APN: 37-00-04072-004
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