New on the market ! Lafayette Hill former medical office. First floor consists of Spacious 23x15 reception area with adjoining 8x12 waiting room, exam room 1- 9x12 , exam room 2- 9x12 ,fully accessible powder room, supply/ copier room 5x9 and a very large 21 x 23 foot office with lots of glass which is a perfect work out room. Perfect for a physical therapist or other office use. The second floor consists of 2- 8x12 rooms and a 12x15 room plus a powder room. The 3rd floor is a 16x 22 foot loft room. The second and 3rd floor layout could be a possible apartment with township approval. Parking for around 15 cars. Also soon to be available is the adjoining property 608 Germantown Pike which will be separately priced.
This fully occupied rental property contains 5 Rental units- 3- two bedroom apartments , 1 studio apartment and 1 commercial space and is strategically located in a thriving Business District, and is a significant investment property. The current owners have done all capital improvements including kitchens with microwaves and dishwashers, baths and each apartment has its own laundry. The combination of location, accessibility, and low operational costs makes this an attractive opportunity for savvy investors looking to expand their portfolio in a high-demand market. Tenants pay both heat and electric. Parking lot. Building is 100% rented. Gross Income $91,980 . Contact listing agent for expenses. Photos show some apartments prior to occupancy. Make this your next investment!
Lafayette Hill is located in Pennsylvania. Lafayette Hill, Pennsylvania has a population of 10,643. Lafayette Hill is more family-centric than the surrounding county with 36.54% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Lafayette Hill, Pennsylvania is $128,469. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Lafayette Hill is 44.8 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 48.2 inches per year, with 16.8 inches of snow per year.
