Dresher, PA 19025,1422 LIMEKILN PIKE
Dresher, PA 19025,1422 LIMEKILN PIKE
Dresher, PA 19025,1422 LIMEKILN PIKE
$915,000
Est. payment /mo
$900,000
1.7%
Est.Price: ?

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4,072 SqFt
SOLD DATE : 02/09/2024

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,072 sqft

Price per Sqft $224

MLS Listing ID PAMC2091594

Sold Date 02/09/24

Style Colonial

Abv Grd Liv Area 4,072

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $13,371

Tax Year 2022

Lot Size 1.904 Acres

Acres 1.9

Lot Dimensions 182.00 x 0.00

Property Description

Nestled in the heart of Dresher, Pennsylvania, this captivating 4-unit complex stands as a testament to both history and modernity. Comprising two distinct live in buildings (plus a storage building) on a sprawling lot, this property offers a unique blend of residential charm and ample space.
The first building boasts three thoughtfully designed units, each featuring two bedrooms. The layout is crafted to provide comfortable living spaces, catering to the needs of a diverse range of residents. The second building holds a single, generously proportioned 4-bedroom unit, offering a more expansive living experience. And, a third building for storage.
One cannot help but be captivated by the rich historical significance that envelops this property. Each brick and corner tells a story, adding a layer of character that resonates throughout. Despite the passage of time, the complex has been meticulously maintained, a testament to the conscientious owners who have dedicated themselves to its preservation.
Situated on a notably large lot, this property not only provides a sense of spaciousness but also opens up possibilities for outdoor amenities or further development. The historic allure combined with the well-maintained condition creates a unique opportunity for those seeking a distinctive residential experience in the heart of Dresher.
Adding to this unique property, is a standalone building on the premises that presents additional versatility. This separate structure could serve a variety of purposes, ranging from storage facilities to potentially functioning as lockers for the convenience of the tenants.
The thoughtful consideration extends further with ample parking available for all residents. The provision of plentiful parking not only enhances the convenience of daily living but also underscores the commitment to providing a comfortable and practical living environment.
Whether you are drawn to the historic charm, the diverse unit configurations, or the expansive lot, this 4-unit complex stands as a testament to thoughtful design, conscientious ownership, and the enduring appeal of historic properties.

Lease Information:

Unit #1 - 2 bedroom - is currently at $1,800 a month - The lease ends 9/30/24
Unit #2 2 bedroom - is at $1,395 (under market rent) - Month to Month - Projected rent $1,800
- Unit #3 - 2 bedroom - is at $895 (long term tenant, way under market rent) - Month to Month - Projected rent $1,800
- Unit #4 - 4 bedroom is at $1,795 (under market rent) - Month to Month - Projected rent
$2,500 - $3,000

Current Monthly Rent Roll - $5,885 - Projected Rent Roll - $8,000 to $8,400



Features & Upgrades:

*4 - Rental Units
*Large Lot
*Plenty Of Parking
*Storage Area
*New(er) Roof(s) - 2022 & 2023
*Upper Dublin School District
*New Exterior Stairs (to unit #3) - 2023
*Roof Top Deck (unit #3)
*Privacy Fence (unit #3)
*Exterior Solar Lighting (by unit #2)
*Central Air - (unit #4 - only)
*French Drain
*(2) Sump Pumps
*Hot Water Heaters (3) - Newer
*House Heater (main building) - Buderus G215 (Bosch)
*Newer Appliances:
Unit#1 - Stacked washer/dryer
Unit#2 - Washer
Unit#3 - Refrigerator

Room Dimensions:
Measurements Are Very Close To Accurate

Unit #1 - 2 Bedroom
Living Room 15x13
Kitchen 11x11
Bedroom 12x10
Bedroom 12x11
Bathroom 8x7


Unit #2 - 2 Bedroom
Living Room 11x13
Dining Room 11x10
Kitchen 12x10
Bedroom 12x11
Bedroom 9x12
Bathroom 6x6

Unit #3 - 2 Bedroom
Living Room 15x12
Kitchen 17x11
Bedroom 12x11
Bedroom 15x12
Bathroom 9x6

Unit 4: - 4 Bedroom
Living Room 15x16
Dining Room 8x16
Kitchen 12x9
Laundry Room 8x6
Bedroom Master 12x13
Bedroom 12x12
Bedroom 12x10
Bedroom 11x9
Powder Room
Bathroom

Location

State PA

County Montgomery

Area Upper Dublin Twp (10654)

Zoning 1136 RES; QUADRAPLEX

Interior

Hot Water Electric

Heating Radiator, Baseboard - Electric

Cooling Window Unit(s), Central A/C

Fireplace N

Heat Source Oil

Exterior

Exterior Feature Deck(s), Patio(s)

Water Access N

Accessibility None

Porch Deck(s), Patio(s)

Garage N

Building

Foundation Brick/Mortar, Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Upper Dublin

Others

Tax ID 54-00-10075-005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Paul Dougherty • BHHS Fox & Roach-Jenkintown
Bought with Peter G Becchina • eXp Commercial

Get More Information

Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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