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$730,000

  • Sold
  • Closed
  • Warehouse
See This Home
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Don't miss this opportunity, with a Cap rate over 10% which is a rare occurrence in a Red Hot Downtown Walking district like Ambler. Ambler Borough Mixed Use Property, just a stones throw from Bus and Rail service, and all of Amblers Wonderful Pubs and Restaurants. This unique property features a total of 5 Units, all with Separate Addresses and Separate Utilities. Includes Two 4/5 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. 4800 Square Feet Total all with separate Utilities. Building Currently provides over 10% Cap Rate and is Truly hard to match in the Hot Ambler Market. Also, Cap Rate also has the ability to increase significantly since some Rents are below current market values! 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.

Full Property Details for 103 N Main St

General

  • Sold For: $730,000
  • Taxes: $5,287 (2024)
  • Status: Closed
  • Type: Warehouse
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2083166
  • Added to Site: 865 day(s) ago

Business

  • Business Type: Apartment Building, Hair Salon and Spa, Flex, Other/G

Interior

  • Flooring: Bamboo, Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank

Rooms

Bathrooms

  • Restrooms: 5

Parking

  • Total Spaces: 1
  • Parking Type: Driveway, On Street

Location

  • Area: Ambler Boro (10601)
  • Municipality: AMBLER BORO
  • County: Montgomery
  • Development Name: Ambler
  • Subdivision: Ambler
  • Cross Streets: Forest Ave.
  • Driving Directions: Butler Avenue to N Main Street to corner of Forest Ave. and Main St.
  • Location Details: Downtown

School Information

  • Middle School: Wissahickon
  • High School: Wissahickon

Heating & Cooling

  • Cooling Type: Window Unit(s), Attic Fan, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water, Radiator, Baseboard - Electric
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Block, Stucco
  • Foundation: Stone, Slab
  • Roof: Built-Up, Asphalt
  • Drive-In Doors: 1
  • Drive-In Clearance: 8' to 12'
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Year Built: 1889
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Unit 1

  • Unit Description: Unit 1

Unit 2

  • Unit Description: Unit 2

Unit 3

  • Unit Description: Unit 3

Unit 4

  • Unit Description: Unit 4

Unit 5

  • Unit Description: Unit 5

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,250
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Zoning: 4100
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $166.46
  • Operating Expenses: $5,100
  • Assessment Year: 2024
  • School Tax: $3,303
  • City/TownTax: $1,333
  • City/TownTax Freq: Annually
  • County Tax: $650
  • County Tax Freq: Annually
  • Tax w/Assessment: $135,840
  • Tax Amount: $5,287
  • Tax Year: 2024
  • Owner Pays: Sewer, Water, Trash Collection, Insurance
  • Landlord Pays: Sewer, Water, Trash Collection, Insurance

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer in 103-B only owned by tenants.
  • Investment: Yes
  • Lot Number: 5

Meet the listing agent

Meet the listing agent
— 103 N Main St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 103 N Main St

School District:Wissahickon School District
NameGradesDistance
Shady Grove El School
351 Skippack Pike, Ambler, PA 19002
K-51.6 mi
Wissahickon Middle School
500 Houston Rd, Ambler, PA 19002
6-81 mi
Wissahickon Senior High School
521 Houston Road, Ambler, PA 19002
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 103 N Main St

Date
Details
Price
Change
Source
10/03/2024
Sold
$730,000
-8.64%
MLS
5/23/2024
Price Reduced
$799,000
-3.62%
MLS
3/20/2024
Price Reduced
$829,000
-4.6%
MLS
9/07/2023
Listed
$869,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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103 N Main Street, Ambler, PA 19002 (MLS# PAMC2083166) is a Warehouse property that was sold at $730,000 on October 03, 2024. This property was listed by Michael Korkus Team from our Blue Bell Office.Want to learn more about 103 N Main Street? Do you have questions about finding other Warehouse real estate for sale in Ambler? You can browse all Ambler real estate or contact a Coldwell Banker agent to request more information.