Oreland, PA 19075 120 Clement Road

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Presented By: Keller Williams Real Estate - Media
  • MLS# PAMC2135730
  • 06/03/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Garage • 4

Home Details

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 spaceperfect 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! Dont miss it and schedule your showing today!
Presented By: Keller Williams Real Estate - Media

Interior Features for 120 Clement Road

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 120 Clement Road

Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Microwave, Water Heater, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas
Architectural StyleColonial
Association Recreation FeeN
CityORELAND
Construction MaterialsStucco, Brick
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsTurn left onto Pennsylvania Ave and turn right onto Bridge St, then, turn left onto Bruce Rd, lastly, turn right onto Clement Rd. Destination will be on the right.
ElectricCircuit Breakers
Garage Spaces4.00
Garage Y/NYes
Heating90% Forced Air
Historic Y/NNo
Lease TypeYearly
Lot Size Square Feet6380.00
Lot Size UnitsSquare Feet
MLS AreaSpringfield Twp (10652)
ModificationTimestamp2025-06-05T19:45:48
MunicipalitySPRINGFIELD TWP
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnerPaysCommon Area Maintenance, Taxes - Real Estate, Trash Collection, Sewer, Lawn/Shrub Care
OwnershipFee Simple
PossessionSettlement, 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, Immediate
Price Per Sq Ft Total AG243.9
Property ConditionExcellent, Very Good, Good
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofHip, Pitched, Unknown
School DistrictSPRINGFIELD TOWNSHIP
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount10462.0
Tax Assessed Value211860.0
Tax Lot093
Tax Year2024
Total SQFT3690
Two Bedroom4
Vacation Rental Y/NNo
ViewPark/Greenbelt
Water Access Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningB-1

Exterior for 120 Clement Road

# of Attached Garage Spaces4
Foundation DetailsBlock
Garage FeaturesBasement Garage
InclusionsRefrigerators (4). All in As-Is Condition.
Land Assessed Value0.00
Land Use Code1136
Lot Dimensions58.00 x 0.00
Lot Size Acres0.15
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces4
Parking FeaturesAsphalt Driveway, Private
PoolNo Pool
SpaNo
Total Parking Spaces8
Type of ParkingAttached Garage, On Street, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $900,000
MLS#PAMC2135730
List Date 06/03/2025
Property Type Multi-Family
Phone 571.207.5186
Request Tour
Request Info
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