$200,000
$215,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
400 RYERS AVE Cheltenham, PA 19012
0.32 Acres Lot
Key Details
Sold Price $200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Cheltenham Vil
MLS Listing ID PAMC613366
Sold Date 03/18/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $7,889
Tax Year 2020
Lot Size 0.321 Acres
Acres 0.32
Lot Dimensions 55.00 x 0.00
Property Description
Wonderful opportunity to own this three story single property zoned for commercial or residential purposes. This corner lot property is located near Cottman Ave just outside of Northeast Philadelphia in Cheltenham Township. The current owner has owed this property since the 1940s. The setup is perfect for someone looking to operate a business, retail or professional office on the main level while renting out the 3-bedroom apartment. Currently the main floor is being utilized as a member's club with easy access to a fully finished basement boasting a bar, bathroom and kitchen space. The main floor comprises of two bathrooms, kitchen and a sizeable open floor plan offering many possibilities. The spacious lot could be converted into parking spaces or expansion subject to Township approval. The 2nd and 3rd floor consist of a 7-room apartment with 3- bedrooms, eat in kitchen and full bathroom that could be rented for $1,200 plus. The property offers a deck, open front porch and a storage shed. Other notable features include zoned heat and separate electric. This property is within a short walking distance to public transportation( Fox Chase Line Ryers Station) and more.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning C3
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-24103-004
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Andrea Carvalho Bahia • Keller Williams Real Estate-Horsham
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