Property

Gilbertsville, PA 19525 1212 E Philadelphia Avenue

Pending
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Presented By: Herb Real Estate, Inc.
  • MLS# PAMC2165524
  • 01/20/2026
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Home Details

Well-maintained two-unit investment property offering versatility, strong rental potential, and numerous updates. The property features one two-bedroom unit and one three-bedroom unit, along with off-street parking, a fenced yard, and a spacious two-story shed for additional storage. Major improvements include replacement windows, a new roof, and a professionally waterproofed basement, providing peace of mind for years to come. The first-floor unit offers a large eat-in kitchen with upgraded countertops and tile flooring, a comfortable living room with hardwood and laminate flooring, a generously sized primary bedroom, a second bedroom, and a full bath with in-unit laundry. The finished basement expands the living space with a flexible room currently used as a bedroom, but well suited for a home office, exercise room, or recreation area, along with a second full bath. The second and third floor unit includes three bedrooms, a large living room, kitchen, full bath, and its own laundry facilities. All appliances in both units are included in the sale. This property is ideal for owner-occupants or investors seeking a solid, updated multi-unit with excellent functionality and outdoor space. The first floor unit is currently occupied by family at reduced rent and will be vacant at time of settlement. Live in one and rent the other or rent it at fair market value (estimated at $1500). Second floor unit currently on a month to month lease. Income $31200 per year (first floor estimate). Expenses Taxes $3,885, Insurance $1,139, Oil $2550, Sewer $1120, Pest control $525, Trash $309. Property is serviced by public sewer and private well. Landlord currently does lawn and snow. With cosmetic updates to the 2nd floor unit, it could be rented for at least $1500 per month, current rent is $1100 per month.
Presented By: Herb Real Estate, Inc.

Interior Features for 1212 E Philadelphia Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementFull, Heated, Partially Finished, Outside Entrance, Sump Pump, Water Proofing System
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile, Hardwood, Laminated, Vinyl
Heating FuelOil
Heating Y/NYes
Hot WaterS/W Changeover
Interior AmenitiesBathroom - Tub Shower, Carpet, Ceiling Fan(s), Kitchen - Eat-In, 2nd Kitchen, Entry Level Bedroom, Wood Floors
Window FeaturesReplacement

General for 1212 E Philadelphia Avenue

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesDishwasher, Dryer - Electric, Microwave, Refrigerator, Washer, Water Conditioner - Owned
Architectural StyleColonial
CityGILBERTSVILLE
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingWindow Unit(s), Wall Unit, Ceiling Fan(s)
CountyMONTGOMERY
Directionstraveling North on Rt 100 turn Right on Rt 73 E to home on Right just past AD Moyer lumber. Parking is behind the property and is accessed through AD Moyer parking lot.
DisclosuresLead Based Paint - Federal, Prop Disclosure
Electric100 Amp Service, Circuit Breakers
Exclusionstenants personal property
Garage Y/NNo
Gross Income31200.00
HeatingHot Water
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense1139.00
Lease TypeMonth to Month
Living Area2011
Lot Size Square Feet8330.00
Lot Size UnitsSquare Feet
MLS AreaDouglass Twp (10632)
MaintenanceExpense200.00
MunicipalityDOUGLASS TWP
Net Operating Income21472.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnerPaysAccounting/Legal, Advertising/Licenses and Permits, Heater Maintenance Contract, Heat, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
OwnershipFee Simple
Patio/Porch FeaturesPorch(es)
PossessionNegotiable, Subject to Existing Lease
Price Per Sq Ft Total AG154.96
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofArchitectural Shingle
School DistrictBOYERTOWN AREA
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount3885.0
Tax Assessed Value93760.0
Tax Lot014
Tax Year2025
Total Actual Rent31200.00
Total SQFT2011
Trash Expense309.00
Two Bedroom1
UtilitiesCable TV
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningLC-LIMITED COMMERCIAL

Exterior for 1212 E Philadelphia Avenue

Exterior AmenitiesSidewalks, Outbuilding(s), Street Lights
Foundation DetailsStone
Inclusions2 refrigerators, 2 washers, 2 dryers, 2 wall A/C units, 4 window A/C units at no additional cost or consideration
Land Assessed Value0.00
Land Use Code1132
Lot Dimensions49.00 x 0.00
Lot FeaturesRear Yard
Lot Size Acres0.19
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces5
Parking FeaturesPaved Parking
PoolNo Pool
Road Surface TypePaved
SpaNo
Total Parking Spaces5
Type of ParkingAlley, Off Street
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $300,000
MLS#PAMC2165524
List Date 01/20/2026
Property Type Pending
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