*** INVESTOR ALERT *** BUILDER ALERT***
This property features a profitable triplex in very good condition situated on a large lot that can be subdivided to allow for construction of an additional single family home.
Preliminary discussions with the Bridgeport Zoning Officer and Borough Manager have determined that the Borough would almost certainly approve a subdivision to allow one detached single family home. Parking for the existing triplex would simply need to be moved from the rear of the property to a portion of the side yard.
Note that buyers and their agents should not rely on representations of sellers' and/or sellers' agent. Buyer and Buyer's agent should do their own due diligence and consult with the Borough of Bridgeport Zoning Officer about allowed uses and any other zoning related questions before making any offers (or provide for a reasonable due diligence period after Sellers' acceptance of an offer to allow time to do their own investigation).
Bridgeport is conveniently located between King of Prussia and Norristown with easy access to Routes 476, 422, 202, 76, Turnpike and more. For commuters to Philadelphia, Septa's high speed rail line is just 1 block away.
The triplex is in very good condition (inside and outside) and is profitable despite the owner having kept rents low for the long-time tenants. Contains two 1 bedroom apartments and one very large 3 bedroom apartment.
Net income schedule for the triplex and seller's disclosure will be provided to serious prospects upon request.
Sellers prefer not to disturb tenants with an inordinate amount of showings and asks that interested buyers first visit the outside of the property to determine if the grounds might suit their desires. Then, if satisfied, a second visit can be arranged to view each apartment.
Listing agent is happy to answer any questions and to meet with buyers and their agent at the property. Feel free to contact listing agent with any questions or to schedule a visit.
***** This property is also listed in MLS under the "Multi-Family" category (MLS # PAMC2171966). Please see that listing for additional information regarding the triplex and additional interior pictures. *****
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Listing Snapshot
Price
$550,000
Days On Site
153 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
N/A
MLS® Number
PAMC2175388
Status
Pending
Property Tax
$5,851
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 months ago
Status changed to Pending
2 months ago
Listing updated with changes from the MLS®
4 months ago
Price changed to $550,000
5 months ago
Listing first seen on site
General Features
Acres
0.18
Sewer
Public Sewer
Special Circumstances
Standard
Water Source
Public
Zoning
R-2
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Community Features
MLS Area
Bridgeport Boro (10602)
School District
UPPER MERION AREA
Schools
School District
UPPER MERION AREA
Elementary School
BRIDGEPORT
Middle School
UPPER MERION
High School
UPPER MERION AREA
Listing courtesy of Michael J DeOrzio Real Estate Inc
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