Property

Green Lane, PA 18054 109 Gravel Pike

109 Gravel Pike Green Lane, PA - Image 1109 Gravel Pike Green Lane, PA - Image 2109 Gravel Pike Green Lane, PA - Image 3
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109 Gravel Pike Green Lane, PA - Image 4109 Gravel Pike Green Lane, PA - Image 5109 Gravel Pike Green Lane, PA - Image 6109 Gravel Pike Green Lane, PA - Image 7109 Gravel Pike Green Lane, PA - Image 8109 Gravel Pike Green Lane, PA - Image 9109 Gravel Pike Green Lane, PA - Image 10109 Gravel Pike Green Lane, PA - Image 11109 Gravel Pike Green Lane, PA - Image 12109 Gravel Pike Green Lane, PA - Image 13
Presented By: Wayne Realty Corporation
  • MLS# PAMC2130670
  • 02/26/2025
  • Request Tour
  • Request Info
  • SQFT • 7,576

Home Details

Investment opportunity featuring 5 parcels with two buildings. The first building boasts 7 fully renovated units, including 6 spacious 2-bedroom units and 1 cozy 1-bedroom unit, along with 6,000 square feet of parking space. Adjacent to this is a duplex with a 3-bedroom unit on the second floor and a 1-bedroom unit on the first floor. Additionally, there are 3 extra parcels: one paved lot currently leased to a commercial contractor, and two open spaces. These properties offer access to the scenic Perkiomen Valley Trails, creeks, fishing spots, and more, providing a peaceful, nature-filled environment for tenants. Each units tenants are responsible for their own hot water and electricity, while a laundry facility on-site presents potential for additional income with a simple update to a pay-per-use system. All tenants are on month-to-month leases, providing flexibility and the potential for increased rents. Located in Green Lane Borough, part of the thriving Perkiomen Valley in Montgomery County, these properties are positioned in an up-and-coming area with growing local municipalities. The rear of the open space lots offers tranquil creek access for ultimate relaxation. Dont miss the chance to add this prime investment property to your portfolio today!
Presented By: Wayne Realty Corporation

Interior Features for 109 Gravel Pike

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterTankless, Electric

General for 109 Gravel Pike

AccessibilityNone
Business TypeApartment Building
Cap Rate6.60
CityGREEN LANE
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyMONTGOMERY
DirectionsGPS
ExclusionsTenants personal property
HeatingBaseboard - Electric
Lot Size Square Feet7800.00
Lot Size UnitsSquare Feet
MLS AreaGreen Lane Boro (10607)
ModificationTimestamp2025-04-09T12:43:24
MunicipalityGREEN LANE BORO
Net Operating Income106121.96
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionNegotiable, Immediate
Price Per Sq Ft Total AG875.55
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount16422.0
Tax Assessed Value137520.0
Tax Lot015
Tax Year2024
Total Actual Rent158088.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1877
Year Built SourceAssessor
ZoningLI

Exterior for 109 Gravel Pike

Building Area Total1816.00
Car Parking Spaces30
Land Assessed Value0.00
Land Use Code1132
Lot Dimensions53.00 x 0.00
Lot Size Acres0.18
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces30
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,590,000
MLS#PAMC2130670
List Date 02/26/2025
Property Type Commercial
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