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103 N Main Street, Ambler, PA 19002
$829,000
103 N Main Street, Ambler, PA 19002View this property at 103 N Main Street, Ambler, PA 19002
103 N Main StreetAmblerPA19002
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Property Description
Don't miss this opportunity, with a Cap rate of 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 a Great 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
Full Property Details for 103 N Main St
General
- Price: $829,000
- Taxes: $4,875 (2023)
- Status: Active
- Type: Warehouse
- MLS ID: PAMC2083166
- Updated: 3/21/2024
- Added to Site: 233 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
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
- Entry Floor Number: 1
- Stories/Levels: 3
- Year Built: 1920
- 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.: $172.71
- Assessment Year: 2023
- School Tax: $3,102
- City/TownTax: $1,197
- City/TownTax Freq: Annually
- County Tax: $575
- County Tax Freq: Annually
- Tax w/Assessment: $135,840
- Tax Amount: $4,875
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Washer/Dryer in 103-B only owned by tenants.
- Investment: Yes
- Lot Number: 5
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Schools
Schools serving 103 N Main St
School District:Wissahickon School District
Rating | Name | Grades | Distance |
---|---|---|---|
351 W Skippack Pike, Ambler, PA 19002 | K-5 | 1.7 mi | |
500 Houston Rd, Ambler, PA 19002 | 6-8 | 1 mi | |
521 Houston Rd, Ambler, PA 19002 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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
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.
Tax History
Tax History for 103 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,050
6%
$135,840
—
2022
$4,747
3%
$135,840
—
2021
$4,604
3%
$135,840
—
2020
$4,483
4%
$135,840
—
2020
$4,320
2%
$135,840
—
2019
$4,242
2%
$135,840
—
2018
$4,163
2%
$135,840
—
2017
$4,075
3%
$135,840
—
2016
$3,950
4%
$135,840
—
2015
$3,807
1%
$135,840
—
2014
$3,784
—
$135,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 103 N Main St
103 N Main Street, Ambler, PA 19002 (MLS# PAMC2083166) is a Warehouse property. 103 N Main Street is currently listed for $829,000 and was received on September 07, 2023. This property is 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.