MLS® ID: PAMC631648
801 BETHLEHEM PIKE
GLENSIDE, Pennsylvania, 19038 $1,050,000
This 1.74 acre development opportunity has preliminary plans for twelve (12) 3,000SF, 1 car garage townhomes. While going through the approval process, the property generates $84,000/yr of gross income from the existing office building with 3 apartments. Anticipated sales prices of the townhomes to be built are $675,000/home based on comps in the area. Overlea Way, a recent townhome development, is .1 miles from this site and they just finished the final sale of their 13 unit townhome development of 3,500SF homes with 2 car garages which traded for $995,000 each. Preliminary plans, site survey, and stormwater plans are attached.