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$500,000 Just Listed
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Property Description
AOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Property owner is also martial arts school owner and requires a 1-2 year lease back @ $2000/month to see a couple students through their training careers. If you re an investor, this is great; if you re a user you ll have to wait 1-2 years to occupy. Efficiency apartment could possibly be made into larger unit obtaining more income. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year - 6205(taxes) - 2500(ins) - 2500( CAM)=$30795 NOI.
Full Property Details
Full Property Details for 1573 E Philadelphia Ave
General
- Price: $500,000
- Taxes: $6,205 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAMC2180840
- Updated: Today (5/21/2026)
- Added to Site: Today
Business
- Business Type: Apartment Building, Health Club
Interior
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 31
- Parking Type: Parking Lot
Location
- Area: Douglass Twp (10632)
- Municipality: DOUGLASS TWP
- County: MONTGOMERY
- Building Name: NONE AVAILABLE
- Cross Streets: Municipal Drive
- Driving Directions: Continue from Rt 73 or Swamp Pk at Bermont/Gilbertville Rd corner on Rt 73 towards Pennsburg, property 1/4 mile on left.
- Location Details: Highway
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- Construction: Block
- Foundation: Concrete Perimeter
- Roof: Asbestos Shingle, Metal
- Stories/Levels: 2
- Year Built: 1955
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,200
- Lot Size Source: Assessor
- Lot Dimensions: 130.00 x 0.00
- Frontage Feet: 130
- Street/Road Desc.: Black Top
- Zoning: R2
Financial Considerations
- Assessment Year: 2026
- School Tax: $4,813
- City/TownTax: $515
- City/TownTax Freq: Annually
- County Tax: $876
- County Tax Freq: Annually
- Tax w/Assessment: $147,260
- Tax Amount: $6,205
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 158
Listed by 422 Commercial Realty, James Watters
Get Pre-Approved Today
Schools
Schools serving 1573 E Philadelphia Ave
School District:Boyertown Area School District
| Name | Grades | Distance |
|---|---|---|
Gilbertsville El School 36 Congo Road, Gilbertsville, PA 19525 | K-6 | 0.4 mi |
Boyertown Area Senior High School 120 Monroe Street, Boyertown, PA 19512 | 10-12 | 1.8 mi |
Boyertown Area Jhs-East 2020 Big Road, Gilbertsville, PA 19525 | 7-9 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1573 E Philadelphia Ave
Date
Details
Price
Change
Source
5/21/2026
Listed
$500,000
212.5%
MLS
12/04/2013
Sold
$160,000
—
Public Record
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 1573 E Philadelphia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,205
3%
$147,260
—
2024
$6,019
4%
$147,260
—
2023
$5,815
5%
$147,260
—
2022
$5,529
3%
$147,260
—
2021
$5,354
4%
$147,260
—
2020
$5,128
4%
$147,260
—
2020
$4,930
3%
$147,260
—
2019
$4,789
6%
$147,260
—
2018
$4,516
2%
$147,260
—
2017
$4,406
3%
$147,260
—
2016
$4,288
3%
$147,260
—
2015
$4,156
3%
$147,260
—
2014
$4,026
—
$147,260
—
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 1573 E Philadelphia Ave
1573 E Philadelphia Avenue, Gilbertsville, PA 19525 (MLS# PAMC2180840) is a Apartment property. 1573 E Philadelphia Avenue is currently listed for $500,000 and was received on May 21, 2026. Want to learn more about 1573 E Philadelphia Avenue? Do you have questions about finding other Apartment real estate for sale in Gilbertsville? You can browse all Gilbertsville real estate or contact a Coldwell Banker agent to request more information.

