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$689,900

Beds
Unknown
Baths
2.5
sq ft
12,243

400 Greenwood Ave, Wyncote, PA 19095

400 Greenwood Ave

WYNCOTE, PA 19095

  • 312 days on market
    • Price drop $60,000↓
Stunning Masonry Construction building built in 1894 offers over Twelve Thousand square feet and multiple levels of parking on almost an acre of ground. Was originally the Wyncote Public School building. The property is currently rented to several businesses over 3 floors. Also offers storage areas throughout. Multiple Conference rooms and cafeterias throughout each floor. High ceilings, Gas heating, rear steel fire escape plus Central Air. Property is zoned commercial and the floor plan could possibly be changed to offer more office space for additional income. Consider re-configuring the layout to offer Residential Rentals or Condos (of course Township Approval would be needed). Plenty of opportunities for the savvy investor with loads of parking. Currently 10 different Businesses paying Rent. Amazing property!!

Details

Property type

Single Family Residence

Est. home value

$2,234,803

Lot size

1.0 acres

Price per sq ft

$57

Year built

1894

Annual property taxes

$27,413

HOA

No

Price History

07/18/2024
Bright

Bright #PAMC2014334

Price change
$689,900
-8%
11/28/2023
Bright

Bright #PAMC2014334

Listed
$749,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHELTENHAM

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Republic First Bank

Loan start date

October 2004

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.77%

Loan type

Commercial

Seller

400 Greenwood Partnership and Barry S Yaches

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 8:25 AM

Listing updated: 09/23/2024 at 9:26 PM

Listed by: Gerald P Hill, Homestarr Realty Phone #: (215) 355-5565

MLS: Bright #PAMC2014334

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