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Investment Highlights

  • Currently rented. Great income producing property investment to hold for future development
  • Corner lot
  • Multi family

Executive Summary

5 Parcels Highway Commercial zoning allowing for many possible uses. Currently Multi-Family Residential Rentals. The property is only offered as an entirety. Apprx 375 ft frontage on 422 East and 355 feet on Old Swede Rd (rt 662). Currently rented on a Month to Month basis(5)residential units (3) storage garages(1)30x24 Masonry Building. Natural gas & Public sewer. Private water. Rented dwellings include single family 3 BR 1 Bath, Duplex 3 BR 1 Bath and 2 BR 1 Bath, Mobile Home 1 BR 1 Bath, 3 Bedroom 1.5 Bath single family. The combined lot area is 1.49 acres.

Property Facts

Price $1,200,000
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
Total Lot Size 1.49 AC
Cross Streets 662 HWY N
Zoning Highway Commercial - Highway Commercial

1 Lot Available

Lot

Price $1,200,000
Price Per AC $805,369.13
Lot Size 1.49 AC

5 Parcels Hwy Commercial offered as an entirety only. Apprx 375 ft frontage on 422 East and 355 feet on Old Swede Rd (rt 662). Currently rented Month to Month(5)resident (3) storage garages(1)30x24 Building. Natural gas & Public sewer. Private water.

Description

5 Parcels Hwy Commercial offered as an entirety only. Apprx 375 ft frontage on 422 East and 355 feet on Old Swede Rd (rt 662). Currently rented Month to Month(5)resident (3) storage garages(1)30x24 Building. Natural gas & Public sewer. Private water.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 24-5364-14-42-4750
  • 24-5364-14-42-3776
  • 24-5364-14-42-3826
  • 24-5364-14-42-4983
  • 24-5364-14-42-4873
Land Assessment
$142,700
Improvements Assessment
$177,200
Total Assessment
$319,900
  • Listing ID: 35335797

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 422 HWY E, Douglassville, PA 19518

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