Oreland, PA 19075,2010 PAPER MILL ROAD
Oreland, PA 19075,2010 PAPER MILL ROAD
Oreland, PA 19075,2010 PAPER MILL ROAD
$595,000
Est. payment /mo
$595,000
Est.Price: ?

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2,816 SqFt
SOLD DATE : 09/06/2024

Key Details

Sold Price $595,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $211

Subdivision Oreland

MLS Listing ID PAMC2113190

Sold Date 09/06/24

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $9,194

Tax Year 2024

Lot Size 0.760 Acres

Acres 0.76

Property Description

Income-producing opportunities abound in this Springfield Township duplex with detached shop and separate garage. 2010 Paper Mill Road sits on over 3/4 of an acre and has two residential apartments as well as a detached shop for a garden business that grows or sells plants.

The bright and cheery first floor apartment located within the primary residence has one bedroom, a large living room, a full-size kitchen with adjacent sunlit breakfast room and well-sized full bathroom with stall shower. The kitchen is complete with electric range with new hood microwave, dishwasher and enclosed washer/dryer in the breakfast room. This apartment was recently painted in neutral colors and is move-in ready. There are hardwood floors that could be refinished or easily carpeted. 

The bi-level second and third floor apartment has three bedrooms, one and a half baths and large eat-in kitchen and family room with one covered deck and another open deck with views of Enfield ball field. Three spacious bedrooms and hall bath with double sinks and tub with shower above are located on the first level. The “penthouse” family room and adjacent kitchen are open-concept. The kitchen features oak cabinets, bullnose formica counters, dishwasher, electric oven and microwave. There is also a powder room and washer/dryer on this top floor. Abundant natural sunlight shines through his spacious move-in ready two-story apartment. 

Separate entrances create immediate privacy as you enter the residences. You enter the upper larger bi-level apartment from the gracious front porch, and you enter the first floor apartment from the convenient ramp or steps to the back door. Abundant parking exists for both rentals.

The plant/garden shop has great visibility on Paper Mill Road. The shop is spacious with a retail area, storage/activity room, powder room, greenhouse and gravel parking lot. Immediate potential rental income is available. This property is zoned A-Residential with allowable non-conforming duplex and accessory use for the growing and sale of plants. The shop use is limited under the current zoning to the growing and sale of plants which must remain continuous to maintain non-conforming zoning. Please reach Springfield Township with any questions about current zoning for his property and non-conforming uses. $2000 is the current monthly rent for the second/third floor three-bedroom apartment. No current rental rate available on first floor one-bedroom apartment. $1,050 is the current monthly rent for the garden shop. There is also a large detached garage behind the main house that is very versatile and can be used for great storage and also parking your car.

This property is ideally located in the award-winning Springfield School District and is also highly convenient to the Oreland train and area shopping and restaurants in Flourtown and Oreland. This income-producing property is an excellent opportunity for the savvy homeowner and investor.

Location

State PA

County Montgomery

Area Springfield Twp (10652)

Zoning A-RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Ceiling Fan(s), Multi Units, Window Unit(s)

Flooring Hardwood, Partially Carpeted

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Utilities Available Electric Available, Multiple Phone Lines, Sewer Available, Water Available, Natural Gas Available

Waterfront N

Water Access N

View Other

Roof Type Shingle,Flat

Street Surface Access - On Grade,Black Top

Accessibility Level Entry - Main, Mobility Improvements, Ramp - Main Level

Road Frontage City/County

Parking Type Parking Lot

Total Parking Spaces 4

Garage N

Building

Lot Description Adjoins - Public Land, Level, Not In Development, Rear Yard, Road Frontage

Sewer Public Sewer

Water Public, Well

New Construction N

Schools

Elementary Schools Enfield

Middle Schools Springfield Township

High Schools Springfield Township

School District Springfield Township

Others

Tax ID 52-00-13366-001

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Andrea McVeigh • BHHS Fox & Roach-Blue Bell
Bought with John J Zygmont Jr. • Class-Harlan Real Estate

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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