120 CLEMENT RD Open House Save Request In-Person Tour Request Virtual Tour
Oreland,PA 19075
OPEN HOUSE
Fri Jun 06, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $243
MLS Listing ID PAMC2135730
Style Colonial
Abv Grd Liv Area 3,690
Year Built 1960
Available Date 2025-06-04
Annual Tax Amount $10,462
Tax Year 2024
Lot Size 6,380 Sqft
Acres 0.15
Lot Dimensions 58.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
You found the purpose build 4 unit building that you have been looking! Welcome to this well-maintained and fully rented 4-unit apartment building, ideally located across the street from a beautiful public park featuring basketball courts, a playground, and open green space—perfect for tenants seeking both convenience and community. Each of the four units has been meticulously updated and renovated to reflect modern tenant desires and ease of maintenance for landlords. The building offers 4 spacious 2-bedroom, 1-bathroom apartments with great natural light and open, functional floor plans. To make things even better the building features separate utilities (gas, electric and water are paid by tenants on their own bills), private laundry hookups, and individual storage rooms for each unit. There are also 4 garages that can be rented to tenants or to others. Each of these features is a great way to maximize earnings and limit the headache the inevitably comes with less ideal setups.
Ideal for 1031 exchange or portfolio addition
The building is fully occupied and ready to provide strong cash flow from day one while also having significant long-term upside! This is a rare chance to own a quality multifamily asset in a highly rentable location. Looking for a 1031 exchange, this is the one! Don't miss it and schedule your showing today!
Location
State PA
County Montgomery
Area Springfield Twp (10652)
Zoning B-1
Rooms
Basement Full
Interior
Hot Water Natural Gas
Cooling Central A/C
Inclusions Refrigerators (4). All in As-Is Condition.
Equipment Built-In Microwave,Dishwasher,Microwave,Water Heater,Stove,Stainless Steel Appliances,Refrigerator,Oven/Range - Gas
Fireplace N
Appliance Built-In Microwave,Dishwasher,Microwave,Water Heater,Stove,Stainless Steel Appliances,Refrigerator,Oven/Range - Gas
Heat Source Natural Gas
Exterior
Parking Features Basement Garage
Garage Spaces 8.0
Water Access N
View Park/Greenbelt
Roof Type Hip,Pitched,Unknown
Accessibility None
Attached Garage 4
Total Parking Spaces 8
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Springfield Township
Others
Tax ID 52-00-04069-001
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard