521 N Broad Street, Lansdale, PA 19446 - Photo 1

1/1

$870,000

Sold
Closed
Apartment

1/1

Property Description

Great investment opportunity in the Lansdale Borough. Five stand alone units in which all tenants pay all utilities. 4 - 1 bedroom, 1 bath units and 1- 2 bedroom 1.5 baths. Each unit has a basement with washer and dryer included in as-is condition. 8 rear off street parking spaces plus ample on street parking. A couple of the units are under market rental which could be adjusted when leases expire, most tenants have been there long term. Current rents - 2 bedroom is vacant and is being marketed for $1625, the 4 - 1 bedrooms are $1025, $1250, $950and $1100. Maintenance includes snow and lawn. Minimal amount of maintenance required on these units. Public transportation avaialbale and a short walk to Septa train station.

Full Property Details

Full Property Details for 521 N Broad St

General

Sold For: $870,000
Taxes: $9,802 (2022)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PAMC2071030
Added to Site: 1, 078 day(s) ago

Business

Business Type: Apartment Building

Parking

Total Spaces: 8
Parking Type: On Street, Parking Lot

Location

Area: Lansdale Boro (10611)
Municipality: LANSDALE BORO
County: Montgomery
Driving Directions: Use GPS

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Heat Pump - Electric BackUp
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick, Vinyl Siding
Stories/Levels: 0
Year Built: 1985
Year Built Source: Assessor
Property Condition: Average

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.21
Lot Size (Sq. Ft.): 9,325
Lot Size Source: Assessor
Lot Dimensions: 50.00 x 0.00
Zoning: BPO

Financial Considerations

Operating Expenses: $14,802
Assessment Year: 2023
School Tax: $7,012
City/TownTax: $1,761
City/TownTax Freq: Annually
County Tax: $1,029
County Tax Freq: Annually
Tax w/Assessment: $242,960
Tax Amount: $9,802
Tax Year: 2022
Owner Pays: Insurance, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Trash Collection
Landlord Pays: Insurance, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Trash Collection

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 37

Listed by Gerald W Snyder & Associates Inc, Sara M Covelens
Sold by Long & Foster Real Estate, Inc., Ed Valentine

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Listing agent

— 521 N Broad St —

Sara M Covelens

Gerald W Snyder & Associates Inc

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Schools

Schools serving 521 N Broad St

School District:North Penn School District

Name	Grades	Distance
Knapp Elementary School 698 Knapp Road, Lansdale, PA 19446	K-6	1 mi
Penndale Middle School 400 Penn Street, Lansdale, PA 19446	7-9	0.7 mi
North Penn Senior High School 1340 South Valley Forge Road, Lansdale, PA 19446	10-12	2 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 521 N Broad St

Date

Details

Price

Change

Source

6/27/2023

Sold

$870,000

-2.25%

MLS

5/11/2023

Listed

$890,000

—

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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Active
Updated 3 hours ago

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Beds
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Total Baths
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Sq. Ft.

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521 N Broad Street, Lansdale, PA 19446 (MLS# PAMC2071030) is a Apartment property that was sold at $870,000 on June 27, 2023. Want to learn more about 521 N Broad Street? Do you have questions about finding other Apartment real estate for sale in Lansdale? You can browse all Lansdale real estate or contact a Coldwell Banker agent to request more information.

521 N Broad St Lansdale, PA 19446