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1110 Landis Road

EAST GREENVILLE, PA 18041
  • $699,999
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • ID#: PAMC2043964
Under Contract
UPDATED: 20 min ago
$699,999
  • 4
    BEDS
  • 12.47
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 3,702
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1860
County:

School Ratings & Info

School District:

Description

This property is literally, a Cash Cow. The income is over $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. This property is ideal for equestrian use, multi-generational living, the gentleman farmer or rental income. 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 manufactured 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 zoned 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 farmette property has plenty of room to raise animal, pasture horses, etc.! Modular home with a view of the Green Lane reservoir. Expansive Upper Perkiomen views, great schools districts and year round country living make this property a must see. Buyers first visit is to see the outside of the buildings. Prequalification letter must be provided before seeing the tenants residences.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Loughin Group | Keller Williams Exton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-11T07:59:28.633.
www.loughinrealestate.com/homes/130300608
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1110 Landis Road EAST GREENVILLE, PA 18041

  • Price: $699,999
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 20 min ago
  • ID#: PAMC2043964
4
Beds
2
Baths
2
½ Baths
12.47
Acres
3,702
SQFT
$189
$/SQFT
1860
Built
Neighborhood:
Pennsburg
County:
Montgomery
Area:
Upper Hanover Twp (10657)
School District:
Upper Perkiomen
Property Description
This property is literally, a Cash Cow. The income is over $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. This property is ideal for equestrian use, multi-generational living, the gentleman farmer or rental income. 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 manufactured 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 zoned 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 farmette property has plenty of room to raise animal, pasture horses, etc.! Modular home with a view of the Green Lane reservoir. Expansive Upper Perkiomen views, great schools districts and year round country living make this property a must see. Buyers first visit is to see the outside of the buildings. Prequalification letter must be provided before seeing the tenants residences.
Exterior Features

Architectural Style Colonial Construction Materials BrickStoneStucco Garage YN No Location Type Near National Park Other Structures Above GradeBelow Grade Parking Features Paved DrivewayGravel Driveway Parking Types Driveway Pool No Pool Riparian Rights YN No Roof Slate View Lake Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 3702 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tennant Property Fireplace YN Yes Fireplaces Total 0 Flooring Hardwood Heating Forced Air Heating YN Yes Interior Features Kitchen - Eat-In Laundry Type Basement Levels 2 Pets Allowed Case By Case Basis Room List Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3KitchenFamily RoomBedroom 1 Rooms Total 10 Spa YN No Unit Floors 2 Upper Level1 Bedrooms 4 Walls Ceilings 2 Story CeilingsWood CeilingsPlaster WallsMasonry

Property Features

Acceptable Financing ConventionalFha Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Rt 663 Federal Flood Zone YN No Foundation Details StoneConcrete Perimeter Green Remarks This Farmette Property Has Plenty Of Room To Raise AnimalsPasture HorsesEtc.! The Farm House And Modular Home Both Have Water Views. The Property Contains Various Country Out Buildings Such As A Corn CribBarnEtc. The Owner Of The Property is Licensed in Pennsylvania And is Listing Property. Expansive Upper Perkiomen ViewsGreat Schools Districts And Year Round Country Living Make This Property A Stop On The Homes To See. Heating Fuel Natural Gas Historic YN No Hot Water Propane Lease Considered YN No Municipality Upper Hanover Twp Navigable Water YN N New Construction YN No Original MLSNumber 801686543554 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Negotiable Sale Type Standard Senior Community YN No Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 8113.00 Tax Assessment Amount 260000.00 Total Actual Rent 60000.00 Utilities Cable TvPhone Vacation Rental YN No Water Source Well Zoning R3

Listing courtesy of Cimorelli Real Estate Office.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Loughin Group | Keller Williams Exton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-11T07:59:28.633.
 
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