515 N Broad St, Lansdale, PA 19446

Description

Investor Opportunity: Prime Mixed-Use Property in Lansdale. Back on the market due to buyer financing falling through.

Seize the chance to acquire this income-generating, mixed-use property at 515 N Broad Street, Lansdale, PA, situated in a high-traffic area for maximum visibility and potential. This well-maintained brick twin offers solid returns with minimal upkeep, making it a fantastic addition to any investment portfolio. Traffic counts uploaded to documents. The median household income for 19446 is $103,875!

The property features a fully leased, charming hair salon on the first floor, bringing in $1,300 per month. The second and third floors house a spacious 2-bedroom residential apartment, currently rented at $1,050 per month. Additionally, the oversized 2-car garage at the rear of the property provides extra income, rented for $250 per month for storage.

This property also boasts valuable updates, including a newer roof, an efficient newer oil boiler, and a modern water heater, ensuring long-term reliability for any new owner. Don’t miss out on this well-established, professionally managed investment with immediate cash flow and future depreciation potential.
Please note no indoor photos due to tenant occupancy.