Cash flowing Multi-Family investment property in a great location. This 6 unit, 8 bedroom, 6 bathroom property with plenty of parking is located right by 73 and 202, never has any vacancy issue. Large barn in the rear offers plenty of storage and may be rented out for additional income. All units had new electric ranges installed last year. New washer/dryer was installed this month. One unit had new baseboard heaters installed last year. New sump pump with battery backup installed last year. New gas boiler was installed in 2019. Trex decking and upgraded electrical panels were installed in 2016.
The first floor has 2 units, both 1 bedroom, 1 bathroom with additional private rear/side entrances. The second floor has 2, 1 bedroom, 1 bathroom units. One of the units has a private rear entrance and covered balcony. The third floor has 1, 2 bedroom, 1 bathroom unit. There is also an additional sixth unit in the rear with 2 bedrooms and 1 bathroom.
Landlord is responsible for water/sewer, gas for the boiler heating the 5 units in the main building, outdoor/foyer lighting, wash/dryer, and trash.
Tenants are responsible for electric and hot water. One tenant is responsible for their own heating (electric baseboard)
2% to buyer agent
Please email questions to LKTPropertiesLP@gmail.com
Please do not contact requesting to list this property on the MLS.
Off market
$1,332,000
1497 Skippack Pike, Blue Bell, PA 19422
8beds
650sqft
MultiFamily
Built in 1880
-- sqft lot
$1,332,000 Zestimate®
$2,049/sqft
$1,613 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other, Gas
Appliances
- Included: Range / Oven
Features
- Has fireplace: No
Interior area
- Total interior livable area: 650 sqft
Property
Parking
- Parking features: Off-street
Lot
- Size: 0.61 Acres
Details
- Parcel number: 660006691002
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Blue Bell
Services availability

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$1,332,000
2% more+ $26,640
With Zillow Showcase(estimated)
$1,358,640