Description
UPDATE : Building has been Temporarily been taken off the market for major renovation, and will be available to show in Approximately 60 days with an even higher Cap rate of 8% which is unheard of in a Red Hot Downtown Walking district like Ambler.
Rare Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. Property Includes 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4 Bedroom Apartments, two Storefronts, and a Commercial Garage with Office and Bathroom.
Located in Highly sought after Wissahickon School District which is a huge enticement for tenants.
4600 Square Feet Total all with separate Utilities, Building Currently provides a Great 7.5% Cap Rate and is Truly hard to match in the Hot Ambler Market. Cap Rate also has the ability to increase significantly since all Rents are low for current market.
Original Brick Structure was built in 1889 and still has the Original Carriage Stone to step out of Horse Drawn Carriages located on the corner.
Nearby Schools
WissahickonHigh School
Location
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Courtesy of: Liberty Bell Real Estate & Property Management Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th January, 2023 6:50 PM (UTC)
