Twitter
Facebook
Email
|
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 with a 7.16 CAP Rate 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 were repainted and LVP was 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! As rents increase to market levels, over $20,000/yr increases have taken place in the last 6 months of 2025. These increases have set a precedent for rents within the community that should translate into increases of rents of $18,900 in 2026! Minimal deferred maintenance required.
| DAYS ON MARKET | 231 | LAST UPDATED | 9/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Perkiomen Twp (10648) |
| COUNTY | MONTGOMERY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PERKIOMEN VALLEY |
|---|---|
| Elementary School | EVERGREEN |
| Jr. High School | PERKIOMEN VALLEY MIDDLE SCHOOL EAST |
| High School | PERKIOMEN VALLEY |
| PRICE HISTORY | |
| Prior to Sep 9, '25 | $2,950,000 |
|---|---|
| Sep 9, '25 - Today | $2,850,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | Perkiomen Twp (10648) |
| CONSTRUCTION | Stucco |
| HEAT | Baseboard, Central, Forced Air, Natural Gas, Oil |
| LOT | 2.81 acre(s) |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 485 ft frontage |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 17192 |
| UTILITIES | Cable Available, Natural Gas Available, Sewer Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Shared Well |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Stream |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by BHHS Fox & Roach Wayne-Devon
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.