1180 Easton RdAbington, PA 19001

  • Mixed-use properties
  • 23,442 SF
For Sale
$2,400,000 View listing

Property Details for 1180 Easton Rd

Year built
1925
Lot size
1.21 AC
Property size (Sq ft)
23,442 SF
Zone code
F1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
30-00-13950-00-6
APU
300013950006

Description

This exceptional multi-family investment property, located at 1180 Easton Road in Abington, Pennsylvania, presents a compelling opportunity for discerning investors. The property boasts a substantial 99,999 square feet of space situated on a generous 1.21-acre lot. Its prime location on Easton Road in Abington offers unparalleled convenience and accessibility. While the provided description details a single, cozy one-bedroom unit with its own living room and dedicated parking, the overall property size suggests a significant multi-unit complex. The unit described enjoys a tranquil rear-facing view, away from the bustling main road. The substantial square footage and acreage indicate a significant potential for rental income and future development. This property represents a rare chance to acquire a well-situated, large-scale multi-family investment in a desirable Abington location. The asking price of $2,400,000 reflects the property's considerable size, location advantages, and income-generating potential. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial information and property specifics are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,875,663
    6.5%
    $3,577,535
    7%
    $3,321,997
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,062,932
    Geo Method
    $3,062,932
  • Alternative Use

    Use
    Valuation
    Residential
    $4,436,144
    Hospitality
    $4,063,484
    Educational
    $3,380,770
    Medical
    $3,497,040
    Retail
    $5,258,976
1180 Easton Rd, Abington, Pennsylvania

Location Insight

City
Roslyn
County
Montgomery
State
Pennsylvania
Latitude
40.124
Longitude
-75.1334
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,231
-
-
$933,510
-
-
-
$933,510

FAQs

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