1110 Landis Road, East Greenville, PA 18041

$799,900
4
BD
4
BA
3,702
SqFt
List Price
$799,900
Days on Market
65
Status
ACTIVE
MLS#
PAMC678958
Bedrooms
4
Bathrooms
4
Full Baths
2
Half Baths
2
Living Area
3,702
Lot Size (Acres)
12.47
Style
Colonial
Year Built
1860
County
Montgomery
School District
Upper Perkiomen

Property Description

This property is literally, a Cash Cow. The income is about $5,000 per month (and can be as high as almost double that, if it would be totally rented), which makes the property worth about $1,000,000. But the Comps in the neighborhood area do not allow that price tag. Property consists of 114-year old stucco over stone farm house designed to accommodate two families side by side. Currently, both are rental units. A huge bank barn with 11 storage spaces for additional income. A mobile home with full basement currently rented, a large block garage with 3 separate units, cottage, large frame garage, separate frame outbuilding, corn crib, summer kitchen. Lots of potential for rental income from various outbuildings. Currently the rental income is approximately 5000/month. The piece de resistance is the fabulous setting overlooking the backwaters of the Green Lane Reservoir. A large portion of the frontage abuts the Philadelphia Suburban Water Company lands. The property is zone R-1 but is currently a non-conforming property. Subdivision potential. Historic property in beautiful Upper Perkiomen Township. Let the two rental units pay the majority of the mortgage, and enjoy a high-end country lifestyle. This property boasts a mobile home with views of the water, a corn crib, a barn, and farm house. Are you looking for a unique property that has income potential? This farmette property has plenty of room to raise animal, pasture horses, etc.! Modular home with a waterfront view, corn crib, barn, and farm house. Expansive Upper Perkiomen views, great schools districts and year round country living make this property a must see.

Additional Information

Area
Upper Hanover Twp (10657)
Subdivision
Pennsburg
Taxes
$7982
Interior Features
Kitchen - Eat-In
School District
Upper Perkiomen
Flooring
Hardwood
View
Lake
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Slate
Utilities
Cable TV, Phone
Water
Well
Sewer
On Site Septic
Room Level
Primary Bedroom: Unspecified, Bedroom 1: Upper 1, Bedroom 3: Upper 1, Family Room: Unspecified, Kitchen: Main, Dining Room: Unspecified, Primary Bedroom: Upper 1, Living Room: Main, Bedroom 2: Upper 1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cimorelli Real Estate Office.

board logo

© 2021 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.