Sold

120 Clement Road, Oreland, PA 19075

Beds
8
Sqft
3,690
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Real Estate - Media
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Overview

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

Full feature list

Basic info

Number of bedrooms
8
Square feet
3,690
Lot size (acres)
0.15
Year built
1960

Interior features

Basement
Yes

Garage and parking

Garage parking spaces
4

Utilities

Heating
Natural gas, Forced air
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$10,462

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAMC2135730 Last checked:

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