$225,000
$250,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
1,600 SqFt
SOLD DATE : 05/18/2023
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $140
Subdivision Ardmore
MLS Listing ID PAMC2067724
Sold Date 05/18/23
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,768
Tax Year 2022
Lot Size 1,439 Sqft
Acres 0.03
Lot Dimensions 20.00 x 0.00
Property Description
Unique rehab opportunity in Ardmore just a few blocks from Lancaster Ave and Suburban Square. Currently set up as a legal non-conforming single-family home. Zoned VC which requires ground floor commercial use. Needs total rehab but offers tons of potential. Enter the first floor living area with original high tin ceilings, full bath & eat-in kitchen. Rear door leads to a large, fenced yard. 3 bedrooms upstairs with hall bath and door to back deck. Unfinished basement with mechanicals for additional storage. Great investment opportunity to rehab and retain as a single-family home. Or convert to commercial downstairs with apartment above. Ideal for straight investment or run your business downstairs and live/rent upstairs for additional income. Commercial use may require zoning relief since property is non-conforming to off-street parking requirements. Phenomenal price point and rare opportunity in such a coveted Ardmore location so close to Lancaster Ave. Will not last, schedule your showing today!
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning VC
Interior
Hot Water Natural Gas
Heating Radiator, Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Penn Valley
Middle Schools Welsh Valley
High Schools Lower Merion
School District Lower Merion
Others
Tax ID 40-00-55568-003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Lauren H Leithead • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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