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Listed by Stephen Paul Stout • Keller Williams Real Estate - Media

$900,000

Est. payment - /mo

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3,690 SqFt

Pending

120 CLEMENT RD Oreland, PA 19075

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Michelle McMaster

michelle@saillakerealty.com +1(856) 335-5586

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,690 sqft

Price per Sqft $243

MLS Listing ID PAMC2135730

Style Colonial

Abv Grd Liv Area 3,690

Year Built 1960

Available Date 2025-06-04

Annual Tax Amount $10,462

Tax Year 2024

Lot Size 6,380 Sqft

Acres 0.15

Lot Dimensions 58.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

You found the purpose build 4 unit building that you have been looking! Welcome to this well-maintained and fully rented 4-unit apartment building, ideally located across the street from a beautiful public park featuring basketball courts, a playground, and open green space—perfect for tenants seeking both convenience and community. Each of the four units has been meticulously updated and renovated to reflect modern tenant desires and ease of maintenance for landlords. The building offers 4 spacious 2-bedroom, 1-bathroom apartments with great natural light and open, functional floor plans. To make things even better the building features separate utilities (gas, electric and water are paid by tenants on their own bills), private laundry hookups, and individual storage rooms for each unit. There are also 4 garages that can be rented to tenants or to others. Each of these features is a great way to maximize earnings and limit the headache the inevitably comes with less ideal setups.

Ideal for 1031 exchange or portfolio addition

The building is fully occupied and ready to provide strong cash flow from day one while also having significant long-term upside! This is a rare chance to own a quality multifamily asset in a highly rentable location. Looking for a 1031 exchange, this is the one! Don't miss it and schedule your showing today!

Location

State PA

County Montgomery

Area Springfield Twp (10652)

Zoning B-1

Rooms

Basement Full

Interior

Hot Water Natural Gas

Cooling Central A/C

Inclusions Refrigerators (4). All in As-Is Condition.

Equipment Built-In Microwave, Dishwasher, Microwave, Water Heater, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas

Fireplace N

Appliance Built-In Microwave, Dishwasher, Microwave, Water Heater, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas

Heat Source Natural Gas

Exterior

Parking Features Basement Garage

Garage Spaces 8.0

Water Access N

View Park/Greenbelt

Roof Type Hip,Pitched,Unknown

Accessibility None

Attached Garage 4

Total Parking Spaces 8

Garage Y

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Springfield Township

Others

Tax ID 52-00-04069-001

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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120 CLEMENT RD Oreland, PA 19075

Michelle McMaster

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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120 CLEMENT RD