14 Church St

Willow Grove, PA 19090

Fantastic investment alert! This Willow Grove residential quadplex plus garage with a long rental history is for sale for the first time in 35 years. This property is in a great location with many amenities including private parking for each unit and a washer and dryer in each unit. Total historical rental income of $57,900 for all units including the garage with the potential for much more. The buildings have been well maintained over the years with most windows replaced recently painted exterior and newer heaters installed in 2015. 12A is a 1 bed, 1 full bath plus a den that is rented for $1,000 a month with the current tenant in place for over 4 years. This unit has private access to the basement for additional storage. 12B is 3 beds and 1 full bath and is rented currently for $1,300 a month with the tenant in place for 4.5 years. 14A is 2 beds, 1 bath and is currently vacant but was previously rented for $1,125 a month. The owner has many willing tenants and will likely be rented shortly. This unit has a recently updated bathroom with a new vanity and luxury vinyl tile floor. 14B is a 3 bed 1 bath unit that is rented for $1,200 a month and the current tenant has been in place for over 5 years. The rear garage is rented for $200 a month but that tenant takes care of snow plowing for the parking lot and driveway. Owner currently pays approximately $3,600 a year in utilities that includes water, sewer, common area electric and lawn maintenance. This is a turn key investment with a long rental history in a fantastic location for future income growth. Showings start on Thursday July 22nd.