55 E Main St

Lansdale PA 19446

0.23 ac.

Multi-Family

Currently for sale - view listing

Overview

KW Commercial is pleased to exclusively present for purchase, this investment property in the heart of Lansdale, PA. 55 E Main St consists of a 12 unit Rooming House, a retail storefront, and four garages. All units have stayed consistently fully occupied with a waiting list over the length of ownership and the property's superintendent lives right around the corner, making this a passive investment with significant upside. There is a huge market for this type of rental with no competition in the surrounding area and a long track record of providing housing for these shorter term tenants, even though most tenants stay over a year. Leases in place for all tenants. Gas heaters and gas hot water heaters are newer and in great shape. Potential to add 3 additional rooms on top floor.