$ 2,850,000
-
$2,850,000
Price -
25
Bed - Bath
-
10,580
SqFt
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About the Listing 61000 - 3141974
Welcome to Perkiomen Creek Village - a cluster of cottage homes and apartments located on the banks of the Perkiomen Creek. This enclave consists of 12 units within 8 buildings situated on 2.81 acres. This highly desirable and popular village is 100% leased and is sought after by potential tenants who enjoy the the Perkiomen Trail, either on foot or on the water, and those familiar with Perkiomen Valley Schools located just across Gravel Pike. The complex consists of 6 singles, a Twin/Duplex and a 4 unit main House. All units are separately metered with 100 amp electric, Gas heat & Hot water(1 unit has oil heat & 4 units have electric Hot water) . The 6 Single homes were all totally Renovated in 2023 with finishes that include Granite Counters, S/S Appliances, new cabinets, LVP flooring & new HVAC w/ C/A. Both Twin/Duplex units are scheduled to be repainted and LVP to be installed (June 2025). All units include a Washer, Dryer, Dishwasher, Gas Range and Refrigerator. All Cottages, Waterfront House, and Twin/Duplex have private basements. Quad has a shared basement. All units are Public Sewer and On-Site well water. Highly desirable rental community, always a waiting list, with private access to the Perkiomen Trail. Conveniently Located across From PV High School with school district bus pickup in front of the property. There is so much more than just cap rates to consider with this opportunity, many of the units are still rented below market rents! Minimal deferred maintenance required.
Listing Highlights for 514 514-530 Gravel Pike
Status
Active
Days on Site
112
Property Type
Multi-Family
MLS ®
PAMC2141186
Year Built
1940
Total Square Footage
10,580
Lot/Acreage
2.81
Interior Details
- Bedrooms: 25
- Bathrooms: Full
- Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Air Cond: Central A/C
- Heating: Central,90% Forced Air,Baseboard - Hot Water
- Fireplaces: 1, 1 Fireplace
- Floor: Luxury Vinyl Plank,Carpet
- Above Ground Sq Ft: 10580
- Below Ground Sq Ft: n/a
- Basement: Daylight,Full
- Other:
- Water: Well-Shared
Exterior Details
- Lot Description: Flood Plain,Stream/Creek,Not New Construction,Horse Property: No,Waterfront
- Garage Capacity: N/A
- Parking Spaces: 30
- Lot Dimensions: 485 ft frontage
- Zoning: 1140 APT: CONVERSION 5+
- Roof: Asphalt,Shingle
- Others: Exterior Lighting,Outbuilding(s),Sport Court,Excellent,Good
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $17,192
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
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Listing Location
Questions About..
514 514-530 Gravel Pike Collegeville, PA 19426
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