474 EASTON RD new to site

Horsham,PA 19044

$ 415000

- Bed

- Bath

11808 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 11,808 sqft

Price per Sqft $35

MLS Listing ID PAMC2153460

Style Other

Year Built 1940

Annual Tax Amount $4,866

Tax Year 2024

Lot Size 0.271 Acres

Acres 0.27

Lot Dimensions 50.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Nestled in the coveted suburban enclave of Horsham, 474 Raston Road presents a rare opportunity to own a duplex featuring long-term tenants—each paying well below current market rates. From the outset, this property offers dual benefits: immediate cash flow and significant future rental upside. Whether you're an experienced investor or exploring your first income-producing asset, this duplex stands out as a smart, strategic addition to any portfolio.

What truly elevates this investment is its address. Horsham is a dynamic, well-rounded township renowned for its safe neighborhoods, rich history, and remarkable quality of life. Just about ten miles north of Center City Philadelphia, the township offers serene streets and suburban tranquility, yet remains within striking distance of urban vibrancy and job centers
Wikipedia
. Recognized repeatedly—by outlets like Money magazine and others—as one of the best places to live, Hor­sham continues to rank among the safest and most desirable communities in Pennsylvania

Horsham's quality of life is matched by its exceptional infrastructure and amenities. The township boasts over 800 acres of parks, miles of interconnected trails—including the scenic Power Line Trail—and a deeply rooted tradition of community events, recreation, and cultural engagement
For families and professionals alike, the Hatboro-Horsham School District shines as a pillar of excellence, with a brand-new middle school on the way and high school recognized nationally for academic achievement
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On the economic front, Horsham's median home values hover around $440,000 and are on a steady incline—up approximately 1.4% over the past year—underlining the area's consistent demand and long-term appreciation potential.
. Meanwhile, local income levels are solid, with median household incomes ranging between $100,000 and $104,000, further reinforcing Horsham's reputation for stable and thriving neighborhoods

In essence, owning 474 Raston Road means owning more than a duplex—it means securing a foot in one of Montgomery County's strongest real estate markets. With built-in rental income, upside potential, and a location prized for its safety, amenities, and school district, this property is poised to be a cornerstone of your real estate portfolio.

Location

State PA

County Montgomery

Area Horsham Twp (10636)

Zoning MULTI FAMILY

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Hatboro-Horsham

Others

Tax ID 36-00-03817-008

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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