2010 Paper Mill Road, Oreland, PA 19075

Property Description

Income-producing opportunities abound in this Springfield Township duplex with detached shop and separate garage. 2010 Paper Mill Road sits on over 3/4 of an acre and has two residential apartments as well as a detached shop for a garden business that grows or sells plants. The bright and cheery first floor apartment located within the primary residence has one bedroom, a large living room, a full-size kitchen with adjacent sunlit breakfast room and well-sized full bathroom with stall shower. The kitchen is complete with electric range with new hood microwave, dishwasher and enclosed washer/dryer in the breakfast room. This apartment was recently painted in neutral colors and is move-in ready. There are hardwood floors that could be refinished or easily carpeted.  The bi-level second and third floor apartment has three bedrooms, one and a half baths and large eat-in kitchen and family room with one covered deck and another open deck with views of Enfield ball field. Three spacious bedrooms and hall bath with double sinks and tub with shower above are located on the first level. The “penthouse” family room and adjacent kitchen are open-concept. The kitchen features oak cabinets, bullnose formica counters, dishwasher, electric oven and microwave. There is also a powder room and washer/dryer on this top floor. Abundant natural sunlight shines through his spacious move-in ready two-story apartment.  Separate entrances create immediate privacy as you enter the residences. You enter the upper larger bi-level apartment from the gracious front porch, and you enter the first floor apartment from the convenient ramp or steps to the back door. Abundant parking exists for both rentals. The plant/garden shop has great visibility on Paper Mill Road. The shop is spacious with a retail area, storage/activity room, powder room, greenhouse and gravel parking lot. Immediate potential rental income is available. This property is zoned A-Residential with allowable non-conforming duplex and accessory use for the growing and sale of plants. The shop use is limited under the current zoning to the growing and sale of plants which must remain continuous to maintain non-conforming zoning. Please reach Springfield Township with any questions about current zoning for his property and non-conforming uses. $2000 is the current monthly rent for the second/third floor three-bedroom apartment. No current rental rate available on first floor one-bedroom apartment. $1,050 is the current monthly rent for the garden shop. There is also a large detached garage behind the main house that is very versatile and can be used for great storage and also parking your car. This property is ideally located in the award-winning Springfield School District and is also highly convenient to the Oreland train and area shopping and restaurants in Flourtown and Oreland. This income-producing property is an excellent opportunity for the savvy homeowner and investor.