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Sold for $410,000
  • $410,000

    265 Florence Dr, Harleysville, PA 19438

    4beds
    --baths
    2,064sqft
    Duplex
    Built in 1981
    -- sqft lot
    $491,100 Zestimate®
    $199/sqft
    $1,983 Estimated rent

    Home value

    $491,100

    $467,000 - $516,000

    $1,983/mo

    Zestimate® history
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    What's special

    Workout space
    *UPDATE NOTE - DUE TO RECENT TRESPASSING AND HARASSMENT ISSUES - DO NOT GO TO THE PROPERTY WITHOUT AN APPOINTMENT! THERE IS SOMEONE STAYING IN THE LOWER LEVEL UNIT UNTIL THE CLOSING AND THEY HAVE ASKED FOR PRIVACY OUTSIDE OF SCHEDULED SHOWINGS! THE POLICE WILL BE CALLED ON ANYONE FOUND WALKING AROUND THE YARD, LOOKING IN WINDOWS, OR ATTEMPTING TO ENTER THE PROPERTY WITHOUT AN APPOINTMENT. AGENT MUST ACCOMPANY ANYONE GOING TO THE PROPERTY AND TIME SHOULD BE SCHEDULED THROUGH SHOWINGTIME. INVESTORS STAND UP AND TAKE NOTICE! FIRST YEAR POSITIVE CASH FLOW - EXTREMELY RARE! Why settle for only 10% annual rent to cost basis that BiggerPockets recommends when you can get 11% or more! Opportunities like this are extremely rare so when they pop up you MUST act fast. We priced this well below market due to the kitchens and baths being original from 1981. We factored in the possible cost to update to reach maximum value. In current condition both units could rent for about $1600/mo while the updated versions would rent as high as $2000/mo! This amazing duplex includes two 2br/1ba rentals with approximately 1000sf of living space. Add to that they each have private, dry basement storage and an absolutely breathtaking yard and you can easily see why this will be the most sought after property on the market. Built in 1981, this property sits quietly on 1/5th of an acre and offers solid rental capability in a neighborhood where the majority of properties are multi-family. Added bonus, the lower unit has a fully framed out extra room in the basement with electric that is ready to finish and turn into either a 3rd bedroom, an office, playroom, den, or workout space. The roof was replaced in 2021 and the windows are approximately 10-15yrs old. Flooring has been updated throughout and both units will be freshly painted. Both units are FULLY ELECTRIC (public record says oil but this is wrong) and are separately metered. Don't miss this incredible opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Trigg 215-941-9866,

    Keller Williams Real Estate-Montgomeryville,

    Co-Listing Agent: Phillip M Voorhees 215-740-4248,

    Keller Williams Real Estate-Montgomeryville

    Bought with:

    Alyce Gerhardt

    Compass RE

    Brandon Ribeiro, RS353698

    Compass RE

    Source: Bright MLS,MLS#: PAMC2083826MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Oil
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,064
    • Total interior livable area: 2,064 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 9,275 Square Feet
    • Dimensions: 69.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 500000575131
    • Zoning: RES-MULTI
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Hunter Crest
    Location
    • Region: Harleysville
    • Municipality: LOWER SALFORD TWP

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $123,180
    • Annual tax amount: $4,966
    • Date on market: 9/29/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/2/2023Sold$410,000+9.4%$199/sqft
    Source: Bright MLS #PAMC2083826 Report a problem
    10/4/2023Pending sale$374,900$182/sqft
    Source: Bright MLS #PAMC2083826 Report a problem
    10/3/2023Listing removed--
    Source: Bright MLS #PAMC2083826 Report a problem
    9/29/2023Listed for sale$374,900+179.8%$182/sqft
    Source: Bright MLS #PAMC2083826 Report a problem
    7/7/1997Sold$134,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,270 +6.1%$123,180
    2024$4,966 $123,180
    2023$4,966 +7.3%$123,180
    2022$4,630 +1.5%$123,180
    2021$4,561 +1.2%$123,180
    2020$4,506 +1.2%$123,180
    2019$4,454 +2%$123,180
    2018$4,368 +1.5%$123,180
    2017$4,302 +0.4%$123,180
    2016$4,286 +1.5%$123,180
    2015$4,224 +0.8%$123,180
    2014$4,189 +1%$123,180
    2013$4,149 +2.5%$123,180
    2012$4,048 +6.2%$123,180
    2011$3,812 +4%$123,180
    2010$3,667 +2.4%$123,180
    2009$3,582 +0.2%$123,180
    2008$3,576 +3.1%--
    2007$3,467 +3.5%--
    2006$3,351 +5.1%--
    2005$3,188 +6.2%--
    2004$3,001 +7.3%--
    2003$2,796 +4.9%--
    2002$2,665 +4.9%--
    2000$2,540 +2.8%--
    1999$2,471 --
    Find assessor info on the county website

    Neighborhood: 19438

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Souderton Area

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $491,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $491,100