Bryn Mawr, PA 19010,1023 W LANCASTER AVE
Bryn Mawr, PA 19010,1023 W LANCASTER AVE
Bryn Mawr, PA 19010,1023 W LANCASTER AVE
$607,000
Est. payment /mo
$650,000
6.6%
Est.Price: ?

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2,900 SqFt
SOLD DATE : 12/27/2023

Key Details

Sold Price $607,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $209

Subdivision None Available

MLS Listing ID PAMC2086638

Sold Date 12/27/23

Style Other

Abv Grd Liv Area 2,900

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,000

Tax Year 2022

Lot Size 1,500 Sqft

Acres 0.03

Property Description

This is your opportunity to own a triple income commercial or owner user property in the heart of the main line - Bryn Mawr PA. All units are currently occupied creating a combined rent of $4566 per month with yearly increases built into the rent. Unit 1 is a large retail storefront with a large front display glass window. It includes one fully renovated bathroom and a fully usable basement. This highly foot-trafficked unit is perfect for any retail operation. It is currently being operated as a nail salon. The unit is approximately 400 sq. ft. Unit 2 is a 1-bedroom 1-bathroom residential dwelling. The unit is approximately 450 sq ft. It has a private entrance on the side of the building and the bathroom was recently remodeled. Unit 3 encompasses the rear half of the building and is a two-and-a-half-story, 2-bedroom 1-bathroom apartment with a basement and private entrance in the rear. The unit has a large back patio space and a private paved area. The tri-plex is conveniently located in the heart of a shopping center with plenty of public parking directly across the street. The property is in great condition with no current issues. The roof was also redone this year. The Zoning Classification is "BMV4"-"Bryn Mawr Village District "4".

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning COMMERCIAL

Rooms

Basement Interior Access

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Architectural Shingle

Accessibility None

Garage N

Building

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Lower Merion

Others

Tax ID 40-00-30408-008

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Negotiable

Listing Terms Negotiable

Financing Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Matthew James Fleming • Realty Mark Cityscape
Bought with Maria Difrancesco • Times Real Estate, Inc.

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agent

Bob Gauger

+1(240) 286-4447

Broker Associate | License ID: 312506

Broker Associate License ID: 312506

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