Montgomery County Homes for Sale, Souderton Real Estate Listings, 16 East Summit Street, MLS #6791363 Luxury Homes, Condos, Estates for Sale

16 East Summit Street

Souderton, PA 18964

Once in a lifetime opportunity to own a 3 unit, fully rented, Mixed Used investment property in the heart of Souderton borough. A great property to add to your investment portfolio or an opportunity to jump start your real estate investing with a turnkey 3 unit rental! All tenants are strong renters who want to stay. 2 residential apartments and 1 well established commercial shop with an excellent reputation and client base. This well maintained property is a turnkey investment. First Floor residential apartment includes a HUGE kitchen with breakfast room, covered patio/porch, full bathroom, a bright and sunny living room, bedroom and access to basement for storage. Second floor apartment offers a covered front porch, 2nd floor rear covered porch, an eat in kitchen with built in corner cabinet, a sunny living room, full bathroom, spacious bedroom and a very large 3rd floor, finished bonus room. Separate electric meters, tenants pay their own electric. Well established business is renting the rear shop. Shop measures approximately 45'x 36'. Exterior has a fresh coat of paint. Tenant is on a 2 year lease with a 1 year option at 5% increase. Plenty of off street parking is available. This beautiful property has been well maintained and happy renters are very willing to stay.
Status
ACTIVE
Property Class
Multi-Family
Type of Property
MultiBldgs
Design
Triplex
Parking
5-7CarParkng
Basement
Full, Unfinished
Subdivision
None Available
High School
SOUDERTON
Area
Souderton Borough
City
Souderton
County
Montgomery County
Building Floors: 2.00
Hot Water: Electric
Land SqFt: 7,500
Laundry Type: No Laundry
Area: Souderton Borough
Lot Area Acreage: 0.170000
Lot Dimensions: 50
One Bedroom Units: 2
Ownership: Fee Simple
Property Age: 66
Condition: Average+Prop
Type: MultiBldgs
Roof: Pitched Roof, Shi
Total Units: 3
Zoning Code: R3
Heat: Oil, Electric
Cooling: Wall Unit
Water: Public
Sewer: Public Sewer
Interior Features: CeilngFan(s), CableTVAvail, Store/Office
Exterior Features: Sidewalks, StreetLights
Basement Type: Full, Unfinished
Entrance: PrivateEntr
Floor: Fully Carpeted, Vinyl
Exterior: Vinyl Siding, Wood
Tax Year
2016
Total Taxes
$4,311

Area Highlights

User reviews and recommendations of top nearby restaurants.

Caruso Brick Oven

Categories: ,

Distance: 0.07 Miles

Rating 70 reviews
Xinantecatl

Categories: ,

Distance: 0.34 Miles

Rating 38 reviews
Los Gemelos Family Restaurant

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Distance: 0.36 Miles

Rating 10 reviews
Lisa's Pizza & Italian Restaurant

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Distance: 0.44 Miles

Rating 14 reviews
La Herradura Bistro Family Restaurant

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Distance: 0.53 Miles

Rating 14 reviews
Broad Street Pizzeria & Grille

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Distance: 0.53 Miles

Rating 11 reviews
Luca's Pizza

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Distance: 0.64 Miles

Rating 9 reviews
Vietnam Cafe Restaurant

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Distance: 0.65 Miles

Rating 108 reviews
Jesse's Barbecue & Local Market

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Distance: 0.72 Miles

Rating 128 reviews
Hong Kong Chef

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Distance: 0.73 Miles

Rating 5 reviews

School Information

Great Schools

Understand the educational environment and opportunities around this area before moving in.


Indian Crest Middle School

Type: Public

Level: 6-8


Souderton CS Collaborative

Type: Charter

Level: K-8


Grace Christian School

Type: Private

Level: K-6


E M Crouthamel El School

Type: Public

Level: K-5


West Broad Street El School

Type: Public

Level: K-5


Franconia El School

Type: Public

Level: K-5


Penn View Christian School

Type: Private

Level: PK-8


Souderton Area Senior High School

Type: Public

Level: 9-12


Indian Creek Mennonite School

Type: Private

Level: 1-10


Hatfield El School

Type: Public

Level: K-6

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Listing courtesy of BHHS Keystone Properties.

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Data last updated: 12/07/2016.

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