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1422 Limekiln Pike, Dresher, PA 19025
$915,000
1422 Limekiln Pike, Dresher, PA 19025View this property at 1422 Limekiln Pike, Dresher, PA 19025
1422 Limekiln PikeDresherPA19025
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Property Description
Nestled in the heart of Dresher, Pennsylvania, this captivating 4-unit complex stands as a testament to both history and modernity. Comprising two distinct live in buildings (plus a storage building) on a sprawling lot, this property offers a unique blend of residential charm and ample space. The first building boasts three thoughtfully designed units, each featuring two bedrooms. The layout is crafted to provide comfortable living spaces, catering to the needs of a diverse range of residents. The second building holds a single, generously proportioned 4-bedroom unit, offering a more expansive living experience. And, a third building for storage. One cannot help but be captivated by the rich historical significance that envelops this property. Each brick and corner tells a story, adding a layer of character that resonates throughout. Despite the passage of time, the complex has been meticulously maintained, a testament to the conscientious owners who have dedicated themselves to its preservation. Situated on a notably large lot, this property not only provides a sense of spaciousness but also opens up possibilities for outdoor amenities or further development. The historic allure combined with the well-maintained condition creates a unique opportunity for those seeking a distinctive residential experience in the heart of Dresher. Adding to this unique property, is a standalone building on the premises that presents additional versatility. This separate structure could serve a variety of purposes, ranging from storage facilities to potentially functioning as lockers for the convenience of the tenants. The thoughtful consideration extends further with ample parking available for all residents. The provision of plentiful parking not only enhances the convenience of daily living but also underscores the commitment to providing a comfortable and practical living environment. Whether you are drawn to the historic charm, the diverse unit configurations, or the expansive lot, this 4-unit complex stands as a testament to thoughtful design, conscientious ownership, and the enduring appeal of historic properties. Lease Information: Unit #1 - 2 bedroom - is currently at $1,800 a month - The lease ends 9/30/24 Unit #2 2 bedroom - is at $1,395 (under market rent) - Month to Month - Projected rent $1,800 - Unit #3 - 2 bedroom - is at $895 (long term tenant, way under market rent) - Month to Month - Projected rent $1,800 - Unit #4 - 4 bedroom is at $1,795 (under market rent) - Month to Month - Projected rent $2,500 - $3,000 Current Monthly Rent Roll - $5,885 - Projected Rent Roll - $8,000 to $8,400 Features & Upgrades: *4 - Rental Units *Large Lot *Plenty Of Parking *Storage Area *New(er) Roof(s) - 2022 & 2023 *Upper Dublin School District *New Exterior Stairs (to unit #3) - 2023 *Roof Top Deck (unit #3) *Privacy Fence (unit #3) *Exterior Solar Lighting (by unit #2) *Central Air - (unit #4 - only) *French Drain *(2) Sump Pumps *Hot Water Heaters (3) - Newer *House Heater (main building) - Buderus G215 (Bosch) *Newer Appliances: Unit#1 - Stacked washer/dryer Unit#2 - Washer Unit#3 - Refrigerator Room Dimensions: Measurements Are Very Close To Accurate Unit #1 - 2 Bedroom Living Room 15x13 Kitchen 11x11 Bedroom 12x10 Bedroom 12x11 Bathroom 8x7 Unit #2 - 2 Bedroom Living Room 11x13 Dining Room 11x10 Kitchen 12x10 Bedroom 12x11 Bedroom 9x12 Bathroom 6x6 Unit #3 - 2 Bedroom Living Room 15x12 Kitchen 17x11 Bedroom 12x11 Bedroom 15x12 Bathroom 9x6 Unit 4: - 4 Bedroom Living Room 15x16 Dining Room 8x16 Kitchen 12x9 Laundry Room 8x6 Bedroom Master 12x13 Bedroom 12x12 Bedroom 12x10 Bedroom 11x9 Powder Room Bathroom
Full Property Details
Full Property Details for 1422 Limekiln Pike
General
- Sold For: $915,000
- Taxes: $13,371 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: PAMC2091594
- Added to Site: 127 day(s) ago
Exterior
- Exterior Features: Exterior Lighting, Secure Storage
- Porch/Patio/Deck: Deck(s), Patio(s)
Parking
- Parking Features: Asphalt Driveway, Free, Paved Driveway, Paved Parking, Shared Driveway
- Parking Type: Parking Lot
Location
- Area: Upper Dublin Twp (10654)
- Municipality: UPPER DUBLIN TWP
- County: Montgomery
- Driving Directions: GPS
School Information
- School District: Upper Dublin
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiator, Baseboard - Electric
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Stone
- Foundation: Brick/Mortar, Slab
- Stories/Levels: 0
- Square Feet: 4,072
- Sq. Ft. Source: Assessor
- Living Area: 4,072 Sq. Ft.
- Finished Above Grnd: 4,072 Sq. Ft.
- Year Built: 1870
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 3
- 3 Bedroom Units: 1
Additional Structures
- Other Structures: Storage Barn/Shed
Lot Features
- Lot Size (Acres): 1.9
- Lot Size (Sq. Ft.): 82,943
- Lot Size Source: Assessor
- Lot Dimensions: 182.00 x 0.00
- Zoning: 1136 RES; QUADRAPLEX
Financial Considerations
- Price Per Sq. Ft.: $221.02
- Operating Expenses: $30,133
- Assessment Year: 2023
- School Tax: $10,384
- City/TownTax: $1,703
- City/TownTax Freq: Annually
- County Tax: $1,175
- County Tax Freq: Annually
- Tax w/Assessment: $277,320
- Tax Amount: $13,371
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Heat
- Landlord Pays: Heat
- Tax Total Finished Sq. Ft.: 4072
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: Refrigerators (4) - Washers (3) - Dryers (3)
- Lot Number: 6
Listed by BHHS Fox & Roach-Jenkintown, Paul Dougherty
Sold by eXp Commercial, Peter G Becchina
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Schools
Schools serving 1422 Limekiln Pike
School District:Upper Dublin School District
Rating | Name | Grades | Distance |
---|---|---|---|
1520 Limekiln Pike, Dresher, PA 19025 | K-5 | 0.4 mi | |
520 Twining Rd, Dresher, PA 19025 | 6-8 | 1.9 mi | |
800 Loch Alsh Ave, Ft Washington, PA 19034 | 9-12 | 1.3 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 1422 Limekiln Pike
Date
Details
Price
Change
Source
2/09/2024
Sold
$915,000
1.67%
MLS
12/26/2023
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1422 Limekiln Pike, Dresher, PA 19025 (MLS# PAMC2091594) is a Multi-Family property that was sold at $915,000 on February 09, 2024. Want to learn more about 1422 Limekiln Pike? Do you have questions about finding other Multi-Family real estate for sale in Dresher? You can browse all Dresher real estate or contact a Coldwell Banker agent to request more information.