193 W 7TH Avenue

    Collegeville, PA 19426
    • $199,100
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 7136013
    Price Reduced
    UPDATED: 15 min ago
    $199,100
    • 6
      BEDS
    • 1.61
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,950
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1850
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Era Continental Realty.

    Description

    This Circa 1850 3,000 Sq Ft, 10 room farmhouse, located in Upper Perkiomen School District, Is ready for complete renovation. This house is situated on 1.61 Acres (70,000 Sq Ft) The owner is contemplating a subdivision of the 70,000 Sq Ft which meets the requirements for another lot subdivision in the rear of the property, however a variance would be needed for the frontage. (Frontage currently is 175', 2 lots would require 250') The listed price includes 30,000 Sq Ft lot with the property. (175' Wide x 171' Deep). The owner is willing to sell the entire parcel, giving the buyer the opportunity to subdivide the lot themselves for $300,000. This is a CASH SALE ONLY, As no financing can be obtained for this house in its present shell condition. When renovated, this will have a minimum of 5 Bedrooms, 3 Bathrooms. Walk-Out Bilco basement door entry. Gas service is on property, 200 Amp Electric service. Owner will not hold financing, however, the owner is willing to hold the title of the property, and contract with a "renovation partner" on the renovation of the house and split profits on a pro-rated basis, upon completion and sale, thereby saving the upfront capital down money to purchase. This is a RARE proper and unique and a very profitable opportunity for the right investor. Contractor estimates for renovation are between $80K - $110K to renovate and complete property. Informal appraisal comp values of completed renovated house are $415K - $500K. 2 CAR DETACHED GARAGE IN GOOD CONDITION. ****all showings/entry requires listing agent accompaniment, as one floor has unstable subfloor. ENTRY IS AT YOUR OWN RISK, AND CAUTION MUST BE USED WHEN GOING THROUGH THE HOUSE, AS ONE ROOM HAS UNSTABLE SUBFLOOR, ETC.****

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Long & Foster participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-05-26T16:56:27.643.
    www.eriksells.com/homes/81188759

    193 W 7TH Avenue Collegeville, PA 19426

    • Price: $199,100
    • Status: Active
    • Updated: 15 min ago
    • ID#: 7136013
    6
    Beds
    3
    Baths
    0
    ½ Baths
    1.61
    Acres
    2,950
    SQFT
    $67
    $/SQFT
    1850
    Built
    Neighborhood:
    None
    County:
    Montgomery
    Area:
    Trappe Boro (10623)
    School District:
    Perkiomen Valley
    Property Description
    This Circa 1850 3,000 Sq Ft, 10 room farmhouse, located in Upper Perkiomen School District, Is ready for complete renovation. This house is situated on 1.61 Acres (70,000 Sq Ft) The owner is contemplating a subdivision of the 70,000 Sq Ft which meets the requirements for another lot subdivision in the rear of the property, however a variance would be needed for the frontage. (Frontage currently is 175', 2 lots would require 250') The listed price includes 30,000 Sq Ft lot with the property. (175' Wide x 171' Deep). The owner is willing to sell the entire parcel, giving the buyer the opportunity to subdivide the lot themselves for $300,000. This is a CASH SALE ONLY, As no financing can be obtained for this house in its present shell condition. When renovated, this will have a minimum of 5 Bedrooms, 3 Bathrooms. Walk-Out Bilco basement door entry. Gas service is on property, 200 Amp Electric service. Owner will not hold financing, however, the owner is willing to hold the title of the property, and contract with a "renovation partner" on the renovation of the house and split profits on a pro-rated basis, upon completion and sale, thereby saving the upfront capital down money to purchase. This is a RARE proper and unique and a very profitable opportunity for the right investor. Contractor estimates for renovation are between $80K - $110K to renovate and complete property. Informal appraisal comp values of completed renovated house are $415K - $500K. 2 CAR DETACHED GARAGE IN GOOD CONDITION. ****all showings/entry requires listing agent accompaniment, as one floor has unstable subfloor. ENTRY IS AT YOUR OWN RISK, AND CAUTION MUST BE USED WHEN GOING THROUGH THE HOUSE, AS ONE ROOM HAS UNSTABLE SUBFLOOR, ETC.****
    Exterior Features

    Design 3+Story Exterior Stone Foundation Stone Foundation Garage Yes Garage Spaces Two Car Garage Garage Type Detached Lot Description Level LotSubdivposslo Lot Dimensions 175 Parking Three+ Car Parking Pool No Pool Type No Pool Roof Pitched Roof Styles Farm House Water Front No

    Interior Features

    Basement Yes Basement Type Partial Bedroom Fourth One Level Upper 1 Bedroom Master One Length 0 Bedroom Master One Level Upper 1 Bedroom Master One Width 0 Bedroom Second One Level Upper 1 Bedroom Third One Level Upper 1 Central Air No Cooking Fuel Electric Cooking Cooling None Dining Kitchen Eat-In Kitchen Dining Room Yes Family Room Yes Fireplace Yes Fireplace Count One Fireplace Handicap None Heating OilForced Air Hot Water Electric Interior Square Feet Source Assessor Laundry Type Lower Floor Laundry Room List Living RoomBedroom-MasterBedroom-SecondBedroom-ThirdBedroom-FourthKitchen Total Rooms 10

    Property Features

    Condo Association No Cross Street Ridge Pike Farm No HOA No Housing For Older Persons No Land Use Code 1101 Lot Number 060 New Construction No Property Condition Fixer-Upper Sewer Septic Public Sewer Tax Year 2018 Total Assessment 137620.0 Total Taxes 5046.0 Type Detached Water Public Zoning Code R1



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Long & Foster participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-05-26T16:56:27.643.
     
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    Hockessin DE, 19707
    Listing courtesy of Era Continental Realty.