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41 W Summit Avenue, Telford, PA 18969
$355,000
41 W Summit Avenue, Telford, PA 18969View this property at 41 W Summit Avenue, Telford, PA 18969
41 W Summit AvenueTelfordPA18969
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Property Description
Are you in search of a duplex that offers a unique opportunity to live in one unit while offsetting your mortgage by renting out the other? Look no further; this property is tailor-made for you! Whether you're an investor looking to expand your portfolio or a homeowner seeking to leverage the benefits of rental income, this duplex with a spacious two-car detached garage presents an attractive investment opportunity. The current owners have lived in the first-floor unit for more than four decades, and while some minor cosmetic updates are in order, they have diligently maintained and upgraded the most significant, high-value components. Recent improvements include a newer roof and modernizing the heating and central air conditioning units, ensuring that you'll have a comfortable and well-maintained living space. The first-floor unit offers two bedrooms, a welcoming living room, a formal dining room, a user-friendly kitchen, a full bathroom, and a delightful three-season sunroom. This unit also provides the convenience of central air conditioning and grants access to a covered front porch, a full basement with laundry facilities, and the two-car detached garage. With some tender loving care and a few updates, the first-floor unit and the garage have the potential to rent for $2,000 a month. The second-floor unit, which currently houses a one-bedroom configuration, is currently rented on a month-to-month basis for $800, with the owner covering all utilities. Notably, the electrical systems were once separated and could be easily reinstated with the addition of an outside meter. Opportunities like this are rare, don't miss the chance to explore this exceptional property for yourself. You'll be glad you did!
Full Property Details
Full Property Details for 41 W Summit Ave
General
- Sold For: $355,000
- Taxes: $5,231 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: PAMC2086956
- Added to Site: 214 day(s) ago
Exterior
- Exterior Features: Sidewalks
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 3
- Parking Type: Detached Garage, Off Street, On Street
- Garage Description: Garage - Front Entry, Garage Door Opener
Location
- Area: Telford Boro (10622)
- Municipality: TELFORD BORO
- County: Montgomery
- Cross Streets: Acorn
- Driving Directions: From Main St and Reliance Rd take Reliance west towards Country Line Rd. Make a right on School lane to left on Summit. Property on the corner of Summit and Acorn Ave
- Location Details: Corner Lot/Unit
School Information
- School District: Souderton Area
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- Architectural Info: Cape Cod
- Architectural Style: Cape Cod
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Unfinished, Outside Entrance, Sump Pump
- Foundation: Brick/Mortar
- Stories/Levels: 2
- Square Feet: 1,676
- Sq. Ft. Source: Assessor
- Living Area: 1,676 Sq. Ft.
- Finished Above Grnd: 1,676 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,248
- Lot Size Source: Assessor
- Lot Dimensions: 70.00 x 0.00
- Zoning: 1132 RESIDENTIAL DUPLEX
Financial Considerations
- Price Per Sq. Ft.: $187.95
- Assessment Year: 2023
- School Tax: $3,847
- City/TownTax: $839
- City/TownTax Freq: Annually
- County Tax: $498
- County Tax Freq: Annually
- Tax w/Assessment: $117,570
- Tax Amount: $5,231
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: All Utilities
- Landlord Pays: All Utilities
- Tax Total Finished Sq. Ft.: 1676
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: basement washer and dryer...firefighter light in sunroom
- Lot Number: 27
Listed by RE/MAX Reliance, Daryl Radcliff
Sold by RE/MAX Reliance, Gerald J Peklak
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Schools
Schools serving 41 W Summit Ave
School District:Souderton Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
143 S School Ln, Souderton, PA 18964 | K-5 | 0.8 mi | |
139 Harleysville Pike, Souderton, PA 18964 | 6-8 | 0.8 mi | |
625 Lower Rd, Souderton, PA 18964 | 9-12 | 2.3 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 41 W Summit Ave
Date
Details
Price
Change
Source
11/13/2023
Sold
$355,000
12.7%
MLS
10/18/2023
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
41 W Summit Avenue, Telford, PA 18969 (MLS# PAMC2086956) is a Duplex property that was sold at $355,000 on November 13, 2023. Want to learn more about 41 W Summit Avenue? Do you have questions about finding other Duplex real estate for sale in Telford? You can browse all Telford real estate or contact a Coldwell Banker agent to request more information.