Great investment opportunity in Horsham Township and the highly regarded Hatboro-Horsham School District! Situated on 0.66 acres, this detached duplex offers off-street parking for four vehicles, a large, level backyard, and a convenient location on a quiet street. The property will be conveyed fully occupied, providing rental income from day one. The first-floor unit, Apartment A, features a spacious living room, dining room, kitchen, full bathroom, two bedrooms, and interior access to the full basement. The second-floor unit, Apartment B, includes a large living room, eat-in kitchen, full bathroom, and two bedrooms. Each apartment has separate heating, hot water, and in-unit laundry. Tenants are responsible for all utilities, including water, sewer, and trash, while the owner pays real estate taxes and insurance. The property has benefited from numerous recent improvements, including a new roof, replacement windows, updated exterior doors, new Bilco basement doors, recessed lighting, new interior doors, flooring upgrades, and an updated kitchen and bathroom in Apartment B. Additional improvements include a newer refrigerator, dishwasher, range, hot water heater, and in-wall air conditioner. Conveniently located near Route 611, the Pennsylvania Turnpike, public transportation, supermarkets, restaurants, and everyday amenities. With established tenants, separate utilities, recent improvements, and immediate rental income, 343 Summer Avenue is an excellent opportunity to expand your investment portfolio!
Horsham is located in Pennsylvania. Horsham, Pennsylvania has a population of 15,384. Horsham is more family-centric than the surrounding county with 36.21% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Horsham, Pennsylvania is $85,767. 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 Horsham is 36.1 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 47.8 inches per year, with 17.5 inches of snow per year.
