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Description
This is a free standing brick and stone home converted into a three unit apartment building. Unit one has one bedroom and one bath. Unit two is two stories with a large bedroom on the second floor and one bath. Unit three is two stories and has two bedrooms and one bath. Each tenant pays for their own electric and gas heat. The landlord pays for water and sewer. There is a two car detached garage behind the building. There is a paved parking lot for three cars in the rear of the building and permit parking on the street in front of the building. The front/side covered porch is very large and wraps around the building. There was a back line for tenants to enjoy. This building is one block from the R-5 commuter train. Downtown Lansdale with shops, restaurants etc. is one block away. Despite being close to the train and downtown it is a nice, quiet neighborhood. The three tenants who live in the building are long-term. This is a non-pet apartment building. The gross rental income per month is $2589.00. The two car garage is currently being used by the landlord. In the past it was rented for $350 a month to a contractor.
Listing provided by JDS Real Estate Services, Inc