1212 E Philadelphia Avenue, Gilbertsville, PA 19525
- $300,000
- 1,936
- SqFt
- Sold Price
- $300,000
- List Price
- $300,000
- Closing Date
- Mar 04, 2026
- MLS#
- PAMC2165524
- Status
- CLOSED
- Type
- Multifamily
- Total Units
- 2
- City
- Gilbertsville
- Area
- Douglass Twp (10632)
- County
- Montgomery
- Living Area
- 1,936
- Lot Size
- 8,276
- Year Built
- 1910
Property Description
Well-maintained two-unit investment property offering versatility, strong rental potential, and numerous updates. The property features one two-bedroom unit and one three-bedroom unit, along with off-street parking, a fenced yard, and a spacious two-story shed for additional storage. Major improvements include replacement windows, a new roof, and a professionally waterproofed basement, providing peace of mind for years to come. The first-floor unit offers a large eat-in kitchen with upgraded countertops and tile flooring, a comfortable living room with hardwood and laminate flooring, a generously sized primary bedroom, a second bedroom, and a full bath with in-unit laundry. The finished basement expands the living space with a flexible room currently used as a bedroom, but well suited for a home office, exercise room, or recreation area, along with a second full bath. The second and third floor unit includes three bedrooms, a large living room, kitchen, full bath, and its own laundry facilities. All appliances in both units are included in the sale. This property is ideal for owner-occupants or investors seeking a solid, updated multi-unit with excellent functionality and outdoor space. The first floor unit is currently occupied by family at reduced rent and will be vacant at time of settlement. Live in one and rent the other or rent it at fair market value (estimated at $1500). Second floor unit currently on a month to month lease. Income $31200 per year (first floor estimate). Expenses Taxes $3,885, Insurance $1,139, Oil $2550, Sewer $1120, Pest control $525, Trash $309. Property is serviced by public sewer and private well. Landlord currently does lawn and snow. With cosmetic updates to the 2nd floor unit, it could be rented for at least $1500 per month, current rent is $1100 per month.
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Additional Information
- Acres
- 0.19
- Appliances
- Dishwasher, Dryer - Electric, Microwave, Refrigerator, Washer, Water Conditioner - Owned
- Basement
- Yes
- Cooling
- Window Unit(s), Wall Unit, Ceiling Fan(s)
- Interior Features
- Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Kitchen - Eat-In, 2nd Kitchen, Entry Level Bedroom, Wood Floors
- Living Area
- 1,936
- Lot Size
- 8,276
- Parking
- Paved Parking
- Region
- Douglass Twp (10632)
- School District
- Boyertown Area
- Sewer
- Public Sewer
- Style
- Colonial
- Subdivision
- None Available
- Total Units
- 2
- Utilities
- Cable TV
- Zoning
- LC-LIMITED COMMERCIAL
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Listing courtesy of Herb Real Estate, Inc.. Contact:
Selling Office: .