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2 N York Road

HATBORO, PA 19040
  • $900,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PAMC2082442
UPDATED: 57 min ago
$900,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

Unveil an unmatched investment gem nestled in the vibrant heart of Hatboro, PA!Introducing a charming mixed-use property that elegantly merges the allure of fully furnished apartments with the magnetic draw of prime commercial space totaling in over 4,000 sq ft. Strategically situated in the most sought-after corner in the borough, this property boasts an advantageous location that optimizes foot traffic. It features expansive billboard-sized windows that flood the space with natural light, casting a spotlight on your enterprise within the buzzy borough. This unique fusion of modern living and entrepreneurial promise creates a dynamic business environment that thrives.Residential Apartments| Step into the realm of sophistication with two newly remodeled, fully furnished apartments radiating modern elegance. Each until features expansive open concept living areas, 2 generous bedrooms, 1 impeccable bathroom, and sweeping windows offering panoramic vistas of Hatboro+GGs lively ambiance. These apartments are currently thriving as Airbnb rentals, under the meticulous management of the esteemed Evolve. The average nightly rate of $132/night underscores the strong demand and uncharted income potential of these exceptional spaces.Commercial Space | Encompassing an impressive 2,000 sq ft, the commercial expanse, a stunning storefront that bathes in natural light, beckoning customers to explore within. A haven for creative expression, this space is perfectly poised for merchandise display, enchanting passersby and fostering engagement. The existing lease is secured at $3,000/month, with 2 years remaining. Upon lease renewal, the rent escalates to $4,000/month, promising even greater returns. The adjoining dual basement, approximately 2,000 sq ft, provides ample room for inventory storage, ensuring operational efficiency.This property epitomizes an investor+GGs dream. The seamless operation of the residential apartments, combined with the flourishing Airbnb revenue stream, ensures immediate income. The commercial space, already leased with a future rent increase, guarantees ongoing financial success. Set against the bustling backdrop of Hatboro+GGs thriving community, this property offers not only financial rewards but also the prestige of ownership in this sought-after location.Capture the chance to own this masterpiece of a mixed-use property, where contemporary living harmonizes with boundless business potential. The strategic location, coupled with the property+GGs turnkey nature, presents an opportunity to generate immediate income and ensure future prosperity.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T16:55:41.043.
www.johnkrizateam.com/homes/143015206
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2 N York Road HATBORO, PA 19040

  • Price: $900,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 57 min ago
  • ID#: PAMC2082442
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1920
Built
Neighborhood:
Hatboro Boro (10608)
County:
Montgomery
Area:
Hatboro Boro (10608)
School District:
Hatboro-Horsham
Property Description
Unveil an unmatched investment gem nestled in the vibrant heart of Hatboro, PA!Introducing a charming mixed-use property that elegantly merges the allure of fully furnished apartments with the magnetic draw of prime commercial space totaling in over 4,000 sq ft. Strategically situated in the most sought-after corner in the borough, this property boasts an advantageous location that optimizes foot traffic. It features expansive billboard-sized windows that flood the space with natural light, casting a spotlight on your enterprise within the buzzy borough. This unique fusion of modern living and entrepreneurial promise creates a dynamic business environment that thrives.Residential Apartments| Step into the realm of sophistication with two newly remodeled, fully furnished apartments radiating modern elegance. Each until features expansive open concept living areas, 2 generous bedrooms, 1 impeccable bathroom, and sweeping windows offering panoramic vistas of Hatboro+GGs lively ambiance. These apartments are currently thriving as Airbnb rentals, under the meticulous management of the esteemed Evolve. The average nightly rate of $132/night underscores the strong demand and uncharted income potential of these exceptional spaces.Commercial Space | Encompassing an impressive 2,000 sq ft, the commercial expanse, a stunning storefront that bathes in natural light, beckoning customers to explore within. A haven for creative expression, this space is perfectly poised for merchandise display, enchanting passersby and fostering engagement. The existing lease is secured at $3,000/month, with 2 years remaining. Upon lease renewal, the rent escalates to $4,000/month, promising even greater returns. The adjoining dual basement, approximately 2,000 sq ft, provides ample room for inventory storage, ensuring operational efficiency.This property epitomizes an investor+GGs dream. The seamless operation of the residential apartments, combined with the flourishing Airbnb revenue stream, ensures immediate income. The commercial space, already leased with a future rent increase, guarantees ongoing financial success. Set against the bustling backdrop of Hatboro+GGs thriving community, this property offers not only financial rewards but also the prestige of ownership in this sought-after location.Capture the chance to own this masterpiece of a mixed-use property, where contemporary living harmonizes with boundless business potential. The strategic location, coupled with the property+GGs turnkey nature, presents an opportunity to generate immediate income and ensure future prosperity.
Exterior Features

Construction Materials Stone Garage YN No Location Type Business District Parking Types On StreetDrivewayPublic Garage Riparian Rights YN No View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4135.00 Cooling Window Unit(S) Heating Forced Air Heating YN Yes Net Square Feet 4153.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Other/General Retail Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Hatboro Boro Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802581515310 Ownership Interest Fee Simple Possession NegotiableSubject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10172.00 Tax Assessment Amount 217610.00 Tax Lot 12 Vacation Rental YN No Water Source Public Zoning Rc1

Listing courtesy of Exceed Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-22T16:55:41.043.
 
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402 Bayard Rd. Ste. 100
Kennett Square PA, 19348