Description
Opportunity has come knocking to own an established multi-unit property in the heart of Souderton Borough. Located in a bustling and revitalizing commercial district, this property is in the center of a community undergoing incredible recent developments, with much more on the horizon. Here is your rare opportunity to be a part of it all! This historic building is home to 3 residential apartments on the second level, fully occupied with reliable tenants. On the main level is a large commercial food/retail unit leased to one of Souderton+-s many prospering businesses. The main commercial space has been fully restored, and offers private access to a full basement featuring a french drain system and ample storage. A bonus 5th unit on the main level is unfinished and has the potential for additional commercial revenue. The current owner has completed many upgrades in the past year including a complete electrical rewire, upgrades to plumbing, new HVAC systems, complete renovations to individual units, and overall cosmetic improvements. Most apartments have been fully renovated, including new flooring, granite countertops, and in-unit washer & dryers. The middle apartment is the largest, with access to a full attic with lots of storage. The property features off-street parking for each residential tenant, as well as ample street parking and close access to a municipal parking lot. This unique and historic building has been an economic powerhouse in Souderton for more than a century and is waiting for its next chapter!
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School Information
Description
Opportunity has come knocking to own an established multi-unit property in the heart of Souderton Borough. Located in a bustling and revitalizing commercial district, this property is in the center of a community undergoing incredible recent developments, with much more on the horizon. Here is your rare opportunity to be a part of it all! This historic building is home to 3 residential apartments on the second level, fully occupied with reliable tenants. On the main level is a large commercial food/retail unit leased to one of Souderton+-s many prospering businesses. The main commercial space has been fully restored, and offers private access to a full basement featuring a french drain system and ample storage. A bonus 5th unit on the main level is unfinished and has the potential for additional commercial revenue. The current owner has completed many upgrades in the past year including a complete electrical rewire, upgrades to plumbing, new HVAC systems, complete renovations to individual units, and overall cosmetic improvements. Most apartments have been fully renovated, including new flooring, granite countertops, and in-unit washer & dryers. The middle apartment is the largest, with access to a full attic with lots of storage. The property features off-street parking for each residential tenant, as well as ample street parking and close access to a municipal parking lot. This unique and historic building has been an economic powerhouse in Souderton for more than a century and is waiting for its next chapter!
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