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464-480 N 2nd St
Souderton, PA 18964

$2,250,000 USD

Apartments For Sale  •  8,460 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,460 SF
  • Lot Size 1.14 AC
  • Building Class C
  • Year Built 1970
  • Zoning GA
0 Transit Score
66 Walk Score

Highlights

12-Unit Apartment Complex Located in Souderton, Pennsylvania
Strong Unit Mix: All Two-Bedroom Apartments
High In-Place Yield, North of a 6.5% Current Cap Rate
Majority of the Apartments Have Been Renovated, Only 2 Untouched Units
Tenant Paid Heat
Ample Off-Street Parking, 2:1 Parking Ratio

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Colmar (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 12 min - 6.4 mi
Fortuna (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 12 min - 6.4 mi
AirportDriveWalkDistance
Lehigh Valley International 49 min - 29.0 mi
Trenton Mercer 63 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Clarke Talone 215-531-7021 Marcus & Millichap
Clarke Talone 215-531-7021 Marcus & Millichap