8 Unit apartment building ideally located near the Rt 422 expressway, providing quick and easy access to major employment, dining, shopping, entertainment. Ursinus college is just minutes away, along with access points to the Perkiomen Trail. Plenty of off street parking for the tenants, many units have private entrances. Rental rates could be increased. Many of the tenants have been there for a long period of time, great rental history. Real estate has proven over the years to be a solid investment over time.
Sold for $731,000 on 08/01/23
$731,000
203 Gravel Pike, Collegeville, PA 19426
14beds
--baths
4,730sqft
Multi Family
Built in 1875
-- sqft lot
$867,800 Zestimate®
$155/sqft
$1,403 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2023 at 08:52am
Listed by:
Terry Derstine 267-933-6831,
BHHS Fox & Roach-Collegeville,
Listing Team: Terry Derstine Team
Bought with:
Luke Martin Attanasi, 1005402
Valley Forge Real Estate Group LLC
Source: Bright MLS,MLS#: PAMC2057598

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
Basement
- Area: 0
Heating
- Baseboard, Wall Unit, Natural Gas, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Cooktop, Refrigerator, Gas Water Heater, Electric Water Heater
Features
- Dry Wall, Plaster Walls
- Flooring: Carpet, Vinyl
- Doors: Insulated
- Windows: Double Hung
- Basement: Exterior Entry,Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,730
- Total interior livable area: 4,730 sqft
Property
Parking
- Total spaces: 16
- Parking features: Driveway, Paved, Private, Unassigned, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Has view: Yes
- View description: Street
- Frontage type: Road Frontage
- Frontage length: Road Frontage: 494
Lot
- Size: 1.10 Acres
- Dimensions: 165.00 x 0.00
- Features: Corner Lot, Front Yard, Open Lot, Rear Yard, SideYard(s), Sloped, Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 480000238002
- Zoning: VCR
- Zoning description: Village Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Block, Brick, Masonry, Mixed Plumbing, Stone, Stucco
- Foundation: Stone
- Roof: Asphalt,Flat
Condition
- Average
- New construction: No
- Year built: 1875
Utilities & green energy
- Electric: 120/240V, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable
Community & neighborhood
Location
- Region: Collegeville
- Municipality: PERKIOMEN TWP
HOA & financial
Other financial information
- Total actual rent: 76850
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Road surface type: Black Top
Services availability

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$867,800
2% more+ $17,356
With Zillow Showcase(estimated)
$885,156