205 2nd St | Green Lane, PA 18054
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- LoopNet Team
205 2nd St
Green Lane, PA 18054
Green Lane Apartments · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Rare 16 unit Montgomery County community
- Great unit mix of 50% large two bedrooms and 50% one-bedrooms
- Fully renovated building - over $350k in capex invested last year
- Easy cosmetic value-add opportunity
- Oversized 1 bedroom units (~800 sf) have potential to be converted to 2-beds
- All new roofs, windows, doors, etc replaced within the last year
PROPERTY FACTS
| No. Units | 16 | Building Size | 14,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.07/1,000 SF |
| Lot Size | 0.65 AC | ||
| Zoning | GA, Green Lane Boro | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 14,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | GA, Green Lane Boro |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
- Basement
SITE AMENITIES
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 07-00-00501-005 | Improvements Assessment | $178,270 |
| Land Assessment | $82,740 | Total Assessment | $261,010 |
PROPERTY TAXES
Parcel Number
07-00-00501-005
Land Assessment
$82,740
Improvements Assessment
$178,270
Total Assessment
$261,010
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