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107 Allison Rd 2,997 SF 100% Leased Office Building Oreland, PA 19075 $450,000 ($150.15/SF)



Investment Highlights
- High Traffic Area
- Triplex
Executive Summary
Triplex opportunity in downtown Oreland. First-floor efficiency unit was recently added after receiving zoning relief. New kitchen, bathroom and replacement windows. Side entrance leads to shared hallway. First floor unit has a good size Living Room / Dining Room combination. There are hardwood floors throughout. Updated kitchen with gas cooking. Second floor unit is currently a large one bedroom unit, but easily could be returned to a two-bedroom. The basement features laundry area, and storage units. Off-street parking in the rear. The property needs work, and the property is being sold in as-is condition. Three gas water heaters. Three boilers. Three electrical meters. Tenants are long-time tenants on month-to-month leases and want to stay. 48 hours notice for all showings. No offer deadline at this time.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,997 SF
Building Class
C
Year Built
1960
Price
$450,000
Price Per SF
$150.15
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,605 SF
Building FAR
0.73
Lot Size
0.09 AC
Zoning
B1 - Business
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 52-00-00160-004 | Improvements Assessment | $59,100 |
| Land Assessment | $107,160 | Total Assessment | $166,260 |
Property Taxes
Parcel Number
52-00-00160-004
Land Assessment
$107,160
Improvements Assessment
$59,100
Total Assessment
$166,260
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107 Allison Rd
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