Montco - Multi - Sept09

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Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Summit Court - 101 Summit Lane, Bala Cynwyd, PA 19004 Property Type:

Multifamily Garden/Low-Rise 28 24,000 SF 1952

Price: Price/Unit: Cap Rate: LoopNet ID: Status:

$3,300,000 $117,857 6.70% 16389131 Active

http://listing.loopnet.com/16389131

Price: Price/Unit: Cap Rate: GRM: Occupancy: LoopNet ID: Status:

$229,000 $45,800 9.79% 6.97 80% 16345026 Active

http://listing.loopnet.com/16345026

No. Units: Building Size: Year Built: Property Description: Site Layout - The property occupies 1.30 acres with a density of 21.5 units per acre. All 28 units are arranged in one, two story walk up building with a small detached garage. Zoning - The property is zoned Residential (R 7). Building Description Year Completed - 1952 No. of Buildings - One residential and one garage Total Units - 28 Total | Avg SF - 24,000 | 857 Building Style - Garden style, masonry No. of Floors - Two-story plus basement Exterior Materials - Bricks and stone on Block Windows - Double pane Roof - Flat roof Elevated Flooring - Wood joist Foundation - Slab-on-grade foundation

366 E High St - Pottstown, PA 19464 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 5 3,686 SF

Property Description: 5 unit on High St in Pottstown. All units pay own heat,elec,cable. Owner pays water,sewer,trash,taxes,hot water,owner elec. 4 apartments redone,#5 will be upgraded prior to settlement.

2345 Mt. Carmel Ave. - Glenside, PA 19038 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 3 2,059 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$295,000 $98,333 100% 16337025 Active

http://listing.loopnet.com/16337025

Property Description: Three apartments/units configured as first floor front unit having a living room, bedroom, kitchen and full bathroom; rear first floor (efficiency unit) having a living-bedroom, galley kitchen, and bathroom; and the second floor unit having a living room, bedroom, kitchen, and full bathroom. One Car Detached Garage

Page 1 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

825 West Main Street - Lansdale, PA 19446 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 6 5,400 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$600,000 $100,000 100% 16315720 Active

http://listing.loopnet.com/16315720

Property Description: Mixed use property. One commercial Unit and five residential apartments. $53,500 income and $14,500 in expenses. Very well kept. Commercial unit is a pizza shop on a new five year lease.

Hatfield, PA Quad - 130 Penn Avenue, Hatfield, PA 19440 Property Type:

Multifamily Duplex/Triplex/Fourplex 4 5,300 SF

Price: Price/Unit: LoopNet ID: Status:

$625,000 $156,250 16248654 Active

http://listing.loopnet.com/16248654

$6,495,000 $92,786 8.07% 9.68 100% 16159819 Active

http://listing.loopnet.com/16159819

No. Units: Building Size: Property Description: Well maintained, clean 4-unit apartment building with 6 separate garage bays and spacious apartments. Usually 100% rented, though one tenant just vacated and that unit will be offered for rental shortly. This is a low-maintenance, easy investment in a clean, growing area. One unit is 1700 SF and the other three are 1200 SF each.

Willow Hill Apartments - 409 N. Easton Rd, Willow Grove, PA 19090 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 70 62,150 SF

Price: Price/Unit: Cap Rate: GRM: Occupancy: LoopNet ID: Status:

Property Description: Well maintained, fully rented suburban apartment complex on main highway. 64 two bedrooms, 1 bath units PLUS 4,000 SF professional office building, coin-operated laundry. 80% SECTION 8 HOUSING.

Page 2 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

Amberley at Blue Bell - Unpriced Offering - 105 Amberley Drive, Blue Bell, PA 19422 Property Type:

Multifamily Garden/Low-Rise 119 135,728 SF 2007

Price: LoopNet ID: Status:

Not Disclosed 16150672 Active

http://listing.loopnet.com/16150672

Price: Price/Unit: LoopNet ID: Status:

$215,000 $71,667 16115724 Active

http://listing.loopnet.com/16115724

$625,000 $208,333 15920640 Active

http://listing.loopnet.com/15920640

No. Units: Building Size: Year Built: Property Description: Amberley at Blue Bell Apartments is a 119-unit luxury multifamily community located in Blue Bell, Montgomery County, Pennsylvania. One and two bedroom units are offered in an attractive, well-located setting. The property features two story buildings throughout with a low maintenance brick and vinyl exterior. Community amenities include a clubhouse with fitness center, a community room and full kitchen, plus a tennis court and carports with storage lockers. Unit amenities include a private entrance, nine-foot ceilings, coffered ceilings in the living room and master bedroom, a private patio or balcony, ceramic tile floors in each bath, a gas fireplace, fully equipped kitchens with GE appliances (Dishwasher, Disposal, built-in Microwave, Refrigerator with ice maker), 42" cabinets, full size side-by-side washer & dryer, and ceiling fans in each room.

342 South Street - Pottstown, PA 19464 Property Type:

Multifamily Duplex/Triplex/Fourplex 3 9,167 SF

No. Units: Building Size: Property Description: Investment Property. The property features 2 buildings. 1st unit of this front 3 unit building has large 2BR, possibly 3 w/large open attic, LR, DR, EIK, laundry, full bath, basement. This unit also has new heater, all new carpte, vinyl and fresh paint. 2nd unit has 2BR, LR, EIK, full bath, basement. Rear building has new roof, 2008. 1-2BR apt, store front and 3 garages for extra cash flow. All rented. Both the 2nd floor apartment and store front have long term tenants in each unit. 100AMP electric service in each unit. Tenants pay their own heat & 4 units pay their own trash.

105 Cricket Ave - 105 Cricket Avenue, Ardmore, PA 19003 Property Type:

Multifamily Duplex/Triplex/Fourplex 3 2,624 SF

Price: Price/Unit: LoopNet ID: Status:

No. Units: Building Size: Property Description: Price Reduced! Triplex located in the center of Ardmore. This building has three large apartment units on three floors with a great rental history. Call for income and expense information. Tenants reimburse owner for heat.

Page 3 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

103 South Braod St. - 103 South Broad St., Lansdale, PA 19446 Property Type: No. Units: Building Size: Year Built:

Multifamily Duplex/Triplex/Fourplex 4 4,856 SF 1925

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$549,000 $137,250 6.70% 100% 15914022 Active

http://listing.loopnet.com/15914022

Property Description: OWNER FINANCING available to qualified buyer. Quadplex Apartment building. Fully leased Building. Building consisting of four -2 bedroom units . Long term tenants paying rent well under market rate. All units have their own heating and AC systems. Tenants pay all heat and utilities. Adjoins 101 S. Broad st. also for sale ID # 15770122. Both could be purchased to own the entire block and create a 8-10 unit apartment building with a lot for future units.

102 E. Broad Street - Hatfield, PA 19440 Property Type: No. Units: Building Size:

Multifamily Garden/Low-Rise 5 6,808 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$374,900 $74,980 100% 15831853 Active

http://listing.loopnet.com/15831853

Property Description: Motivated Seller! Look no further for a great investment now and into the future. This building is situated in the heart of the Hatfield' s Community's Development Project which aims to make this area the town center, which will extend the "Liberty Trail." Building boasts all new windows, new roof, and new heaters. This building has a Large 4 bedroom apartment on the upper floor with a full walk-up attic, and just wait till you see the woodwork throughout this unit. Middle Floor has a 2 bedroom apartment, with high ceilings. Middle floor also has a unit currently rented out as a hair salon. Basement has a large unit and a smaller unit with many future possibilities. Come see what you can make this property now and into the future. Please send email for income and expense.

Page 4 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

311 East St - Pottstown, PA 19464 Property Type: No. Units: Building Size: Year Built:

Multifamily Duplex/Triplex/Fourplex 4 2,800 SF 1925

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$265,000 $66,250 5.22% 100% 15573464 Active

http://listing.loopnet.com/15573464

Property Description: 4 one bedroom apts with an oversized 2+ car garage situated at the rear of a large lot. Every unit has been redone and updated. Not subdividable but possible expansion or another structure. Garage rented at $150 per month, could be higher. Owner installed electric heat in each unit as backup to oil, possible for new owner to have tenants pay heat and increase CAP Rate. Also possible to add laundry facilities.

mixed use multifamily with restaurant - 836-838 Montgomery Avenue, Narberth, PA 19072 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 4 9,800 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$2,500,000 $625,000 50% 15543644 Active

http://listing.loopnet.com/15543644

Property Description: Large parcel on Montgomery and Iona Avenues in Narberth with existing tenants. Photo depicts 838-840 Montgomery Avenue. Balance of parcel consists of 836 Montgomery Avenue and 317 Iona Avenue. There is a total of 3,800 sq ft total retail space on the 1st floors of the properties of which only 950 sq ft is not leased. Parking available for 16 cars.

2210 Stratford Ave - Abington, PA 19001 Property Type: No. Units: Building Size: Property Description: Two Family Home

Multifamily Duplex/Triplex/Fourplex 2 2,200 SF

Page 5 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Price: Cap Rate: LoopNet ID: Status:

Not Disclosed 8.00% 15463279 Active

http://listing.loopnet.com/15463279

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

130 N. 2nd Street - Souderton, PA 18964 Property Type:

Multifamily Garden/Low-Rise 25 17,464 SF 1967

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$2,200,000 $88,000 100% 14842971 Active

http://listing.loopnet.com/14842971

$1,395,000 $465,000 100% 16369420 Active

http://listing.loopnet.com/16369420

No. Units: Building Size: Year Built: Property Description: Fabulous Turnkey investment opportunity in Souderton Borough with a great rental history and convenient location. This 25 unit, solid brick apartment building is 100 % occupied, and has several tenants that have been there for many years. Most units are below market rents, and should be increased a tremendous upside potential. When a vacancy has occurred, the apartments are very quickly rented for market rent. The owner has continually modernized, updated and maintained the buildings throughout the years. This Property includes 2 side-by-side 3-story Brick buildings with a total of 22 one bedroom units, 3 studio units, common parking lot and coin operated laundry facilities in each building. Located on a quiet street, yet conveniently located just off Rt 113, close to public transportation and major routes 309, 463, and minutes from the PA Turnpike. TENANTS ARE NOT AWARE THAT THE BUILDINGS ARE FOR SALE. PLEASE KEEP EVERYTHING CONFIDENTIAL! also, please call for expenses & operating data.

'Pheasant Run' - 7919-7925 Washington Ln, Wyncote, PA 19095 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 3 17,000 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

Property Description: 'Pheasant Run' : landmark historic estate designed by Horace Trumbauer. Formerly part of the sprawling 'Ronaele' estate built in 1920's for Fitz Eugene Dixon and Eleanor Widener. 2.5 Acres. Zoned R-3. Currently, the 15,000 SF Main House is used as primary residence with 2 rental units (a seproviding approx $24,000 per year rental income. Rental rates are well under market. R-3 zoning provides for light commercial use as a special exception. Ideal for user-investor (lawyer, accountant, consultant, doctor, art gallery, antique dealer, etc. etc.). Estate includes a 15,000 SF stone and slate Main House with separate Butlers Apartment. Also a separate 2-story stone and slate Gatehouse. Home office suite with separate entrance. Wonderful original architectural elements include plaster walls, deep windowsills, orig millwork, hardwood floors -- much, much more. Mature grounds -- private and surprisingly quiet. Circular gated driveway. Spectacular value : 2.5 Acs; 15,000SF Main House plus; 1,500SF Gatehouse; $24,000 in current rental income w upside. Offered for sale at $1.395M (approx $82 per SF !!!!!!). An absolute must-see! No tire-kickers, please. Serious inquiries only.

Page 6 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

240 Main St - Royersford, PA 19468 Property Type:

Multifamily Duplex/Triplex/Fourplex 3 3,024 SF 1890

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$339,900 $113,300 100% 16353030 Active

http://listing.loopnet.com/16353030

Price: Price/Unit: Cap Rate: LoopNet ID: Status:

$168,500 $42,125 8.00% 16337724 Active

http://listing.loopnet.com/16337724

No. Units: Building Size: Year Built: Property Description: Turnkey investment opportunity! Lovely triplex, former bank building in great location. All units have been updated. 1st Fl: New kitchen, bath, updated plumbing and fresh paint. 2nd Fl: Total rehab in 4/09! All units have seperate utilities and their own laundry hookup! One year home warranty will be provided at settlement! Motivated seller looking for offer! Easy to show!

16 N. Evans Street - Pottstown, PA 19464 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 4 1,884 SF

Property Description: Three for the price of one! Two commercial units with many retail possibilities and one residential unit all in one solid, attractive brick building, less than a half-block off High St. (Biz Rt 422). Main Floor right side is finished & was formerly a hair salon. Main Floor left side is unfinished. Powder Room in lower right side unit. Water hook-ups for additional powder room on left side. 2nd Floor is a 1 BR, 1 BA Apt with large LR/DR area, laundry facilities & w-t-w carpet - ready to move into or rent. Apt is very spacious & has lots of storage. Private parking for 3 or more cars on site, plus public parking on street & across street is a municipal lot. Close to stores, restaurants, shopping, bus routes. This is a great opportunity for someone with some vision!

For Sale By Owner: 9% cap & 100% Occupied !! - 120 Merion Avenue, West Conshohocken, PA 19428 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 2 1,440 SF

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$234,900 $117,450 9.00% 100% 16289923 Active

http://listing.loopnet.com/16289923

Property Description: For Sale By Owner: Single home converted into duplex. 9% cap rate and 100% Occupied. Brokers are welcome (please call to inquire terms)

Page 7 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

250 Walnut Street - Pottstown, PA 19464 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 3 1,920 SF

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$183,000 $61,000 9.40% 100% 16283114 Active

http://listing.loopnet.com/16283114

Property Description: Great beautifully updated 3-unit complex in historic Pottstown. Extensive renovations to all three apartments within the past 18 months, coupled with the tenants paying for heat and electricity, makes this an attractive investment with a strong financial return. Both apartments in the main building feature modern kitchens & bathrooms, spacious rooms, and an attractive, neutral decor. The detached , two story carriage house has also been completely renovated and includes repalcement windows and a new hvac heat/central air system. Ideal property for an owner occupant or an investor who takes pride in his/her property.

715 E. High Street - Pottstown, PA 19464 Property Type:

Office Office Building

Price: LoopNet ID: Status:

$329,900 16256760 Active

http://listing.loopnet.com/16256760

Property Description: Impressive Victorian, situated immediately adjacent to The Hill School, offers professional office space plus 2 apartments. Lots of character & historical elements on the interior & exterior creates a great environment for a list of professional uses. Current first floor office features high ceilings, walk in bay window, ornate pillars, beamed ceiling, ornate fireplace, and central air. A giant, impressive 4BR, 2BA apartment occupies the 2nd & 3rd floor. A two story one bedroom apartment is in the back of the building. There is also a 3 car detached garage. Currently vacant, this 4300+/-sq.ft. building can be modified to accomodate many potential business uses. Great opportunity to own a landmark.

Proposed RETAIL site! - 290 W Ridge Pike, Royersford, PA 19468 Property Type:

Multifamily Duplex/Triplex/Fourplex 2 1,428 SF 1900

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$350,000 $175,000 50% 16255503 Active

http://listing.loopnet.com/16255503

No. Units: Building Size: Year Built: Property Description: 2 Story Rental Unit located on Ridge Pike. 2nd floor tenant occupied, first floor unoccupied. $18,000 gross rents.

Page 8 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

200-202 east elm st - 202 east elm st, Conshohocken, PA 19428 Property Type: No. Units: Building Size:

Multifamily Duplex/Triplex/Fourplex 2 2,700 SF

Price: Price/Unit: Occupancy: LoopNet ID: Status:

$337,000 $168,500 100% 15982386 Active

http://listing.loopnet.com/15982386

Property Description: duplex for sale. Residential property. one 2 bedroom units / one 3 bedroom unit. The units are side by side. located at the intersection of elm st & ash st. located near main st in conshohocken. close to route 476, 76, pa turnpike, pa ne extension. Gross annual rent is approximately $35,000. Tenant pays for most utilities.

591 W. High St - Pottstown, PA 19464 Property Type:

Multifamily Mid/High-Rise 7 5,000 SF

Price: Price/Unit: LoopNet ID: Status:

$475,000 $67,857 15976457 Active

http://listing.loopnet.com/15976457

Price: Price/Unit: Cap Rate: GRM: LoopNet ID: Status:

$399,000 $57,000 10.25% 6.86 15809015 Active

http://listing.loopnet.com/15809015

No. Units: Building Size: Property Description: ANOTHER 422 OPPORTUNITY! This multi-unit property has 5 apartment units and 2 commercial units, all rented! OWNER FINANCING AVAILABLE.

213 High Street - Pottstown, PA 19464 Property Type: No. Units: Building Size:

Multifamily Mid/High-Rise 7 11,880 SF

Property Description: Impressive 4-story building in the center of Pottstown's revitalizing downtown. Three(3) large commercial spaces plus 4 apartments. Close to Borough Hall, Community College, Schuylkill River Trail, new Performing Arts Center, shops and restaurants, this property is strategically positioned. Tenants pay for heating & central air. This a great opportunity to own a landmark building in the heart of Pottstown.

Page 9 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

Property For Sale

Keller Williams Realty Group

Joseph Leone · (610) 551-5830 · [email protected]

204 E 9th Ave - Conshohocken, PA 19428 Property Type: No. Units: Building Size: Year Built:

Multifamily Garden/Low-Rise 12 4,302 SF 1963

Price: Price/Unit: Cap Rate: Occupancy: LoopNet ID: Status:

$895,000 $74,583 7.50% 100% 15232103 Active

http://listing.loopnet.com/15232103

Property Description: 12 units, all efficiencies, 100% occupied....BRAND NEW STUCCO EXTERIOR!!, oil heat...Rents range between $650 and $700...Units re-painted and re-carpetted within the past year...One unit has hardwood floors...Terrific Location and rare opportunity to acquire Multi-family in HOT Conshohocken!!

Page 10 of 10 Created: 9/14/2009 LoopNet, Inc. © Copyright 1995 - 2009 This information comes from users and sources believed to be reliable, but is not guaranteed.

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