2205 Village Rd
Orefield, PA 18069
2205 Village Rd · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 7,900 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Lot Size | 0.64 AC | Year Built | 1920 |
| Zoning | Nc | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.64 AC |
| Building Size | 7,900 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | Nc |
About 2205 VILLAGE RD , OREFIELD, PA 18069
$75,000 Gross Income - $56,250 Net Profit - 13.38% Cap @ Asking (Projected). Clean, turnkey, ALL-BRICK, 4-UNIT, 8,000SF, mixed 3 res + 1 commercial storefront on a .64 ACRE, corner intersection within highly desirable PARKLAND SD which demands high rents & constant tenancy. SEE AERIAL VIDEO. Completely fresh paint & newer roof with strong curb appeal, this ADA compliant building is a fortress with massive apartments on the second & third floors with high ceilings & plenty of sunlight, currently, a 4 unit, the largest unit can easily be converted into a 5th residential unit. The commercial space was previously the world famous Werley's Grocery Store & can be repurposed into a multitude of options, including additional units, pending zoning approval. The property also has a newly painted barn for storage & a nicely paved 14 car parking lot. Separate electric & value add if you change heat to baseboard for less than 15k.
Property Taxes
| Parcel Number | 547705283542-1 | Improvements Assessment | $288,300 |
| Land Assessment | $82,200 | Total Assessment | $370,500 |
Property Taxes
