Seven Gables Home In Hatboro Could Generate Income

HATBORO, PA -- This well-made Seven Gables home in Hatboro home could be split into multiple units if owners wish to rent. Check out the full listing below.

• Address: 24 Byberry Rd, Hatboro, Pennsylvania
• Price: $799,900
• Square Feet:
• Bedrooms: 11
• Bathrooms: 6 Full and 1 Half Baths
• Built: 1960
• Features: Rare opportunity to own an income producing property while either restoring the Seven Gables home to its original glory or the potential to split into a multi-unit. 2 buildings plus the detached 2 car garage with ample parking in front lot and driveway access and parking for the Seven Gables Home. 4 unit apartment building features 4 1 bedroom apartments all tenant occupied and most have been updated recently. All have washer and dryer in unit, kitchen with dishwasher, refrigerator, microwave and range. Seven Gables home includes an additional apartment rented for $1200/month. Bring your contractor and vision for the house! Home features new roof, new windows, new siding and the interior is ready for your to bring your dreams to life! Hardwood floors throughout that simply need to be refinished to shine. Enter through the front door to the foyer that is showcased by the gorgeous staircase and also features an extra large living room with fireplace, dining room with built-ins that opens to the kitchen through the butlers pantry. Kitchen is a shell and demolition of previous kitchen has been taken care of for you and measures about 17 x 19. Abutting the kitchen is an enclosed porch with powder room. Second floor offers 4 large bedrooms plus a sitting room that would make a glorious closet. Full bathroom with demolition completed. Plenty of space to add a second full bath and create a master suite. Third floor offers an additional level of living space with 3 more rooms. Basement offers plenty of room for storage and/or recreation. Front lot has 6 parking spaces. Home has a 2 car detached garage with side shed and driveway parking. Beautiful yard in front and rear. Current Net Income is $5120/month $61440/year plus expense reimbursement of $3560/year. Seven gables is oil heat. 4 unit apartment building has electric baseboard heat and electric is separately metered. Tenants pay flat fee for water and trash. Additional photos and information available upon request.

This listing originally appeared on realtor.com. For more information and photos, click here.

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