1140 Sumneytown Pike

    LANSDALE, PA 19446
    • $1,495,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: PAMC615450
    UPDATED: 52 min ago
    $1,495,000
    • 16
      BEDS
    • 3.12
      ACRES
    • 11
      BATHS
    • 3
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1714
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Incredibly versatile property with 5 terrific buildings and a diverse mix of residential and commercial uses all on one parcel with a Peddler's Village look and feel! Live in one building, run your business from another, and rent the rest for excellent income. The property includes a gorgeous and history-rich 5- bedroom home built in 1714 and which has been operating as the Morgan Hughes Homestead Bed & Breakfast. The B&B use is strictly optional for the eventual purchaser as it could also be a primary residence or long-term rental. There is a converted 2-story barn with 4 units that can toggle between commercial office space and residential apartments. The first floor has a commercial space with 5 rooms and a 2-bedroom apartment with living room, kitchenette and dining area. An insurance company utilized the entire first floor (all 10 rooms) as commercial office space since 1982 but recently moved when they merged with another/larger company. The second floor has two rental units, one is a 1 bedroom (could be 2 bedrooms) with a fireplace currently occupied by a residential tenant and the other is a 2-bedroom unit being used by a family therapist. The barn has a 3rd floor unfinished area with soaring ceilings that could be made into a high-end finished loft making it an exceptional professional office or apartment. Another building referred to as the cottage has space also currently utilized by the same family therapist and a separate 1-bedroom apartment which is currently occupied by a residential tenant. There is an inground pool on the property with an adjacent pool house. The pool house has 3 potential units, a 2 bedroom apartment which is currently occupied by a residential tenant, a vacant 1 bedroom apartment and a great room/conference/entertainment area with full kitchen, pool table, bath, and sliders to pool area that has been rented out in the past for corporate meetings and private events. Lastly, there is a 3-car garage with attached workshop on the property. The grounds and landscaping are beautiful! Plenty of parking for all the uses. 8 storage/maintenance sheds, 2 stone gazebos, split rail fencing around pool house, and gated entrance from Bridle Path Dr. This is a rare opportunity to own an estate property with wonderful living spaces and tremendous income potential. **Buyer should review all current and intended uses with the municipality.**

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. 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. Data last updated: 2019-09-17T18:54:33.783.
    www.schuylkillrealestate.com/homes/96256030

    1140 Sumneytown Pike LANSDALE, PA 19446

    • Price: $1,495,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: PAMC615450
    16
    Beds
    11
    Baths
    3
    ½ Baths
    3.12
    Acres
    1714
    Built
    Neighborhood:
    None Available
    County:
    Montgomery
    Area:
    Towamencin Twp (10653)
    Elementary School:
    Gwynedd Square
    Middle School:
    Penndale
    High School:
    North Penn
    School District:
    North Penn
    Property Description
    Incredibly versatile property with 5 terrific buildings and a diverse mix of residential and commercial uses all on one parcel with a Peddler's Village look and feel! Live in one building, run your business from another, and rent the rest for excellent income. The property includes a gorgeous and history-rich 5- bedroom home built in 1714 and which has been operating as the Morgan Hughes Homestead Bed & Breakfast. The B&B use is strictly optional for the eventual purchaser as it could also be a primary residence or long-term rental. There is a converted 2-story barn with 4 units that can toggle between commercial office space and residential apartments. The first floor has a commercial space with 5 rooms and a 2-bedroom apartment with living room, kitchenette and dining area. An insurance company utilized the entire first floor (all 10 rooms) as commercial office space since 1982 but recently moved when they merged with another/larger company. The second floor has two rental units, one is a 1 bedroom (could be 2 bedrooms) with a fireplace currently occupied by a residential tenant and the other is a 2-bedroom unit being used by a family therapist. The barn has a 3rd floor unfinished area with soaring ceilings that could be made into a high-end finished loft making it an exceptional professional office or apartment. Another building referred to as the cottage has space also currently utilized by the same family therapist and a separate 1-bedroom apartment which is currently occupied by a residential tenant. There is an inground pool on the property with an adjacent pool house. The pool house has 3 potential units, a 2 bedroom apartment which is currently occupied by a residential tenant, a vacant 1 bedroom apartment and a great room/conference/entertainment area with full kitchen, pool table, bath, and sliders to pool area that has been rented out in the past for corporate meetings and private events. Lastly, there is a 3-car garage with attached workshop on the property. The grounds and landscaping are beautiful! Plenty of parking for all the uses. 8 storage/maintenance sheds, 2 stone gazebos, split rail fencing around pool house, and gated entrance from Bridle Path Dr. This is a rare opportunity to own an estate property with wonderful living spaces and tremendous income potential. **Buyer should review all current and intended uses with the municipality.**
    Exterior Features

    Architectural Style ColonialConverted BarnRanch/RamblerOther Construction Materials MixedStone Garage Spaces 3.00 Garage Type Additional Storage Area Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Detached Garage Pool Yes - Personal Pool Features In Ground Riparian Rights YN No Roof ShakeShingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall UnitWindow Unit(S)Central A/CCeiling Fan(S) Fireplaces Total 0 Heating None Levels 3+ Main Level Bedrooms 16

    Property Features

    Acceptable Financing CashBank Portfolio Accessibility Features None Assessment Year 2019 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Heating Fuel Natural GasElectric Navigable Water YN N New Construction YN No Original MLSNumber 301824956643 Ownership Interest Fee Simple Possession Negotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 16808.0 Tax Assessment Amount 506790.0 Tax Lot 021 Vacation Rental YN No Water Source PublicWell Zoning R175 Zoning Description Mixed Use - Residential/Commercial

    Listing courtesy of Keller Williams Real Estate-Montgomeryville.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. 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. Data last updated: 2019-09-17T18:54:33.783.
     
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