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- $3M Price
- 10,580 Sqft
- 2.81 Acres
- 27 DOM
514-530 Gravel Pike
Welcome to Perkiomen Creek Village - a cluster of cottage homes and apartments located on the banks of the Perkiomen Creek. This enclave consists of 12 units within 8 buildings situated on 2.81 acres. This highly desirable and popular village is 100% leased and is sought after by potential tenants who enjoy the the Perkiomen Trail, either on foot or on the water, and those familiar with Perkiomen Valley Schools located just across Gravel Pike. The complex consists of 6 singles, a Twin/Duplex and a 4 unit main House. All units are separately metered with 100 amp electric, Gas heat & Hot water(1 unit has oil heat & 4 units have electric Hot water) . The 6 Single homes were all totally Renovated in 2023 with finishes that include Granite Counters, S/S Appliances, new cabinets, LVP flooring & new HVAC w/ C/A. Both Twin/Duplex units are scheduled to be repainted and LVP to be installed (June 2025). All units include a Washer, Dryer, Dishwasher, Gas Range and Refrigerator. All Cottages, Waterfront House, and Twin/Duplex have private basements. Quad has a shared basement. All units are Public Sewer and On-Site well water. Highly desirable rental community, always a waiting list, with private access to the Perkiomen Trail. Conveniently Located across From PV High School with school district bus pickup in front of the property. There is so much more than just cap rates to consider with this opportunity, many of the units are still rented below market rents! Minimal deferred maintenance required.
Essential Information
- MLS® #PAMC2141186
- Price$2,950,000
- Bathrooms0.00
- Square Footage10,580
- Acres2.81
- Year Built1940
- TypeMulti-Family
- Sub-TypeOther, Detached
- StatusActive
Style
Bungalow, Cabin/Lodge, Cottage, Side-by-Side, Other
Community Information
- Address514-530 Gravel Pike
- AreaPerkiomen Twp (10648)
- CityCOLLEGEVILLE
- CountyMONTGOMERY-PA
- StatePA
- MunicipalityPERKIOMEN TWP
- Zip Code19426
Amenities
- ParkingPrivate
- ViewWater
- Is WaterfrontYes
- WaterfrontCreek
Utilities
Above Ground, Cable TV, Electric Available, Natural Gas Available, Sewer Available
Interior
- CoolingCentral A/C
- Has BasementYes
- BasementDaylight, Full
- FireplaceYes
- # of Fireplaces1
- # of Stories2
Appliances
Dishwasher, Dryer, Oven/Range-Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Heating
Central, 90% Forced Air, Baseboard - Hot Water
Exterior
- ExteriorStucco
- Lot DescriptionFlood Plain, Stream/creek
- WindowsDouble Hung, Replacement
- RoofAsphalt, Shingle
- FoundationBlock
Exterior Features
Exterior Lighting, Outbuilding Apartment, Sport Court, Deck(s), Patio
School Information
- DistrictPERKIOMEN VALLEY
- HighPERKIOMEN VALLEY
Additional Information
- Date ListedMay 20th, 2025
- Days on Market27
- Zoning1140 APT: CONVERSION 5+
Listing Details
- OfficeBHHS Fox & Roach Wayne-Devon
- Office Contact6106512700
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Listing information last updated on June 15th, 2025 at 5:03pm CDT.