Listed By:
Hometown Real Estate Group
Address
126-128 Bala Avenue, Bala Cynwyd, PA
Price
$ 1,200,000
Property Attributes
  • MLS#PAMC2091022
  • TypeCommercial
  • CountyMONTGOMERY
  • CityBala Cynwyd
  • AreaLower Merion Twp
  • Zip19004
  • StyleApartment Building
  • Year Built1930
  • Taxes$ 9404
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3849
  • Lot Size3,485 SqFt
Data Source:
Bright MLS
Property Description

Mixed use building with 2 commercial Spaces and 4 residential apartments with private parking. Rent from 2 commercial spaces $3,800 income , 4 apartments $3,200 income total $7000. 00 per month 100% rented Great income in a very good location.

Price History
12/10/2023 Listed $1,500,000
12/19/2023 14% - $1,300,000
3/15/2024 8% - $1,200,000

General Features

Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Settlement
Roof Flat
Zoning MIXED USE 4100
Construction Materials Brick
Year Built 1930
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County MONTGOMERY
Net Operating Income 68000.00
Operating Expense 16000.00
New Construction No
Property Type Commercial Sale
Possible Use Apartment Building,Barber/Beauty,Day Care,Dry Cleaner,Financial,Florist/Nursery,Medical/Dental,Mixed Use
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions City ave to Bala
ModificationTimestamp 2024-05-09T06:08:03
City BALA CYNWYD
Buyer Agent Compensation 2
Zoning Description retail,office,APT-Multi use
Total Units 2
MLS Area Lower Merion Twp (10640)
Lot Size Square Feet 3625.00
Tax Assessed Value 228210.0
Waterfront Y/N No
Street Name BALA
Tax Annual Amount 9404.0
Vacation Rental Y/N No
Days on Market 152
Standard Status Active
Year Built Source Assessor
Tax Lot 333
Total Actual Rent 84000.00
Cap Rate 8.09
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Total Restrooms 6

Exterior Features

Parking Features Private
Water Source Public
Total Parking Spaces 4
Type of Parking On Street
Land Use Code 4100
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 42.00 x 0.00
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19004

Price
AVG $630K
$1.2M
Taxes
AVG $9,358
$9,404
Visits
AVG 331
372
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1930

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