514530 Gravel Pike

COLLEGEVILLE, PA 19426

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 122404
    Sqft(Lot)
$2,950,000

Description

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.

  • Property Type

    Multi-Family
  • County

    MONTGOMERY
  • Style

    Bungalow,Cabin/Lodge,Cottage,Side-by-Side,Other
  • AD ID

    49829848

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Property Details

  • Water/Sewer

    • Water Source : Well-Shared

    Room Information

    • Patio/Porch Features: Deck(s),Patio(s)

    Interior Features

    • Roof : Asphalt,Shingle
    • Exterior Property Features : Exterior Lighting,Outbuilding(s),Sport Court
    • Basement Description: Daylight, Full
    • Property Appliances: Dishwasher,Dryer,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Water Heater

    Roofing Information

    • Asphalt,Shingle

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central,90% Forced Air,Baseboard - Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas,Oil

    Window Information

    • Window Treatments: Double Hung,Replacement
  • Building Information

    • Exterior Features: Exterior Lighting,Outbuilding(s),Sport Court
    • Year Built: 1940
    • Structure: Detached
    • Fireplace: 1
    • Major Appliances: Dishwasher,Dryer,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
    • New Construction: No
    • Total Units: 4
    • Built: 1940
    • Construction Material: Stucco
    • Roof: Asphalt,Shingle
    • Foundation/Basement: Block
    • Architecture: Bungalow,Cabin/Lodge,Cottage,Side-by-Side,Other
    • Pool/Private: No Pool
    • Roof Type: Asphalt,Shingle

    Exterior Features

    • Utilities: Above Ground,Cable TV,Electric Available,Natural Gas Available,Sewer Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric,Natural Gas
  • Lot Information

    • Lot Size: 122,404
    • Dimensions: 485 ft frontage
    • Lot Size (Acres): 2.81
    • Architectural Style: Bungalow,Cabin/Lodge,Cottage,Side-by-Side,Other
    • Stories Total: 2
    • Main Square Feet: 122,404

    Property Information

    • SQ ft: 10,580
    • SQ ft (Living Area): 10,580
    • Total Lot SQ ft: 122,404
    • View: Water
    • Financing: Conventional,Cash,Exchange,Other
    • Appx. Lot Dimensions: 485 ft frontage
    • Total Acreage: 2.81
    • New Construction: No
    • Type: Bungalow,Cabin/Lodge,Cottage,Side-by-Side,Other
  • Listing Information

    • Possession: 31-60 Days CD,61-90 Days CD,Negotiable
    • Days Of Market: 6
  • Tax Information

    • Annual Tax: $17,192
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • 31-60 Days CD,61-90 Days CD,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $391,500
  • Parking Information

    • Parking Features: Private
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Conventional,Cash,Exchange,Other
    • Road Frontage Length: 485
    • Road Surface: Black Top
    • Roof: Asphalt,Shingle

    Homeowners Association Information

    • Direction: From Bridge Road North on RT 29 (Gravel Pike) to complex on your right.
  • School Information

    • High School: PERKIOMEN VALLEY
    • School District: PERKIOMEN VALLEY

    Fire Place Information

    • Total Fire Place: 1

    Utility Information

    • Above Ground,Cable TV,Electric Available,Natural Gas Available,Sewer Available
    • Water Source: Well-Shared
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas,Oil
    • Hot Water: Electric,Natural Gas
    • Elevators: 0

    Location Information

    • Direction: From Bridge Road North on RT 29 (Gravel Pike) to complex on your right.
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BuyOwner last updated this listing 06/09/2025 @ 05:40

  • MLS: PAMC2141186
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 122,404 sized lot, and 0 parking. are nearby neighborhoods.