Limerick, PA 19468,621 W RIDGE
Limerick, PA 19468,621 W RIDGE
Limerick, PA 19468,621 W RIDGE
44
$650,000
$725,000
10.3%
Est.Price: ?

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2,500 SqFt

621 W RIDGE Limerick, PA 19468

Est. payment /mo
SOLD DATE : 04/29/2022

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Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $260

MLS Listing ID PAMC2024920

Sold Date 04/29/22

Style Colonial

Abv Grd Liv Area 2,500

Originating Board BRIGHT

Year Built 1909

Annual Tax Amount $7,324

Tax Year 2022

Lot Size 1.377 Acres

Acres 1.38

Lot Dimensions 100.00 x 0.00

Property Description

Welcome to 621 W. Ridge Pike located on a 1.35+ acres within Spring-ford school district in Limerick Township. This property has many opportunities for investors and business owners. Zoned mixed use, you have two building structures with a multitude of opportunities. The front single home has two units, one is a two bedroom, one full bathroom rental with its own laundry in the unit. Also equipped with a dining area directly outside of the kitchen. The second unit is three bedrooms, one full bathroom and runs three floors with plenty of space to spread out. This unit also has their own washer/dryer. The detached garage has a two bedroom unit that has been fully renovated, equipped with its own mudroom with washer/dryer. Beneath there are three garage bays, two which are heated, and additional storage units. All units are currently rented with leases in place and with over an acre of land there is plenty of room to expand. This property is perfect if you want to make income while also operating your business on site, or simply just as an investment property. This is a must see with the possibility of a cap rate of over 9%! Get prequalified with your realtor or us today and we can provide you cap rates, cash flow, and more!

Location

State PA

County Montgomery

Area Limerick Twp (10637)

Zoning MS

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air, Steam, Radiator

Cooling Central A/C, Window Unit(s)

Flooring Wood, Tile/Brick, Hardwood, Carpet

Equipment Dishwasher, Dryer, Built-In Range, Built-In Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked

Fireplace N

Appliance Dishwasher, Dryer, Built-In Range, Built-In Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked

Heat Source Oil, Electric, Natural Gas Available, Central

Exterior

Exterior Feature Porch(es)

Utilities Available Electric Available, Cable TV Available, Natural Gas Available

Water Access N

Roof Type Pitched,Shingle

Accessibility 2+ Access Exits

Porch Porch(es)

Garage N

Building

Lot Description Front Yard, Rear Yard, SideYard(s)

Foundation Stone, Slab, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Spring-Ford Area

Others

Tax ID 37-00-04072-004

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Terris Musser • Compass RE
Bought with John Port • Long & Foster Real Estate, Inc.

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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