1573 E PHILADELPHIA AVE, Gilbertsville, PA 19525
1573 E PHILADELPHIA AVE, Gilbertsville, PA 19525
1573 E PHILADELPHIA AVE, Gilbertsville, PA 19525
48
See all 48 photos
Listed by Jim Watters • 422 Commercial Realty
$500,000
Est. payment /mo
Save
0.6 Acres Lot
New

1573 E PHILADELPHIA AVE Gilbertsville, PA 19525

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ed Gurley

Ed Gurley

+1(215) 704-5084

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2180840

Year Built 1955

Annual Tax Amount $6,205

Tax Year 2026

Lot Size 0.601 Acres

Acres 0.6

Lot Dimensions 130.00 x 0.00

Property Sub-Type Other

Source BRIGHT

Property Description

ANOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Property owner is also martial arts school owner and requires a 1–2-year lease back @ $2000/month to see a couple students through their training careers. If you're an investor, this is great; if you're a user you ll have to wait 1-2 years to occupy. Front portion has a basement and stairs to a semi-finished attic. Efficiency apartment could possibly be made into larger unit obtaining more income. Large parking lot. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year - 6205(taxes) - 2500(ins) - 2500 (CAM)=$30795 NOI.

Location

State PA

County Montgomery

Area Douglass Twp (10632)

Zoning R2

Interior

Hot Water Electric

Heating Hot Water

Cooling Wall Unit

Flooring Carpet, Wood

Heat Source Oil

Exterior

Garage Spaces 31.0

Utilities Available Cable TV

Water Access N

Roof Type Asbestos Shingle,Metal

Street Surface Black Top

Accessibility None

Road Frontage State

Total Parking Spaces 31

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Boyertown Area

Others

Tax ID 32-00-06124-009

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

GET MORE INFORMATION

Ed Gurley

Ed Gurley

Broker | License ID: RB070078

+1(215) 704-5084

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Ed Gurley, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1573 E PHILADELPHIA AVE