Bought with Charlotte A Pellechia • Kurfiss Sotheby's International Realty
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515 N BROAD ST Lansdale, PA 19446
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Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2168874
Sold Date 04/29/26
Style Other
Year Built 1890
Annual Tax Amount $5,129
Tax Year 2025
Lot Size 4,500 Sqft
Acres 0.1
Lot Dimensions 25.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Investor Opportunity: Prime Mixed-Use Property in Lansdale. Back on the market due to buyer financing falling through.
Seize the chance to acquire this income-generating, mixed-use property at 515 N Broad Street, Lansdale, PA, situated in a high-traffic area for maximum visibility and potential. This well-maintained brick twin offers solid returns with minimal upkeep, making it a fantastic addition to any investment portfolio. Traffic counts uploaded to documents. The median household income for 19446 is $103,875!
The property features a fully leased, charming hair salon on the first floor, bringing in $1,300 per month. The second and third floors house a spacious 2-bedroom residential apartment, currently rented at $1,050 per month. Additionally, the oversized 2-car garage at the rear of the property provides extra income, rented for $250 per month for storage.
This property also boasts valuable updates, including a newer roof, an efficient newer oil boiler, and a modern water heater, ensuring long-term reliability for any new owner. Don't miss out on this well-established, professionally managed investment with immediate cash flow and future depreciation potential.
Please note no indoor photos due to tenant occupancy.
Location
State PA
County Montgomery
Area Lansdale Boro (10611)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Fireplace N
Heat Source Oil
Exterior
Parking Features Additional Storage Area, Garage - Front Entry, Garage - Rear Entry
Garage Spaces 2.0
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District North Penn
Others
Tax ID 11-00-00636-001
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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