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.
Based on the average sale price from the Chadds Ford, PA office
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
1110 Landis Road East Greenville, PA is a Single Family Home for sale at $759000 with 3702 sqft and a lot size of 12.47 Acres Acre(s). 1110 Landis Road East Greenville has 4 bedrooms, 2 baths and was built in 1860. The property's zip code is 18041 which is in East Greenville, PA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.