JACK TEAGUE JR.

Description

A truly unique investment opportunity, this exceptional mixed-use property combines a charming red-brick duplex residence with a fully renovated detached 1500+ SF commercial bldg, offering unmatched flexibility, passive income, & prime placement in the heart of the Souderton Historic Business District. With high visibility, walkability, & mixed-use zoning, this property is ideal for investors, entrepreneurs, or owner-occupants looking to live in one unit, lease the other, and generate additional income from a thriving commercial tenant already in place. Owner-occupied first-floor residential unit provides a private side entrance & welcomes you into a warm, sun-filled space featuring 9' ceilings and a spacious family room anchored by a wood-burning stove, complemented by vaulted wood ceilings, skylights, and recessed lighting. The upgraded eat-in kitchen blends modern style with classic charm, showcasing newer countertops, kitchen island, tile backsplash, updated cabinetry, appliances, ceiling fan, pantry storage, & a beautiful bay window that enhances the room with natural light. The primary bedroom offers wood floors, a ceiling fan, & ample closet space, while the remodeled full bathroom features a sleek tile stall shower. A conveniently located laundry room sits adjacent, providing direct access to the rear yard, and a second nicely sized bedroom also includes a ceiling fan and closet. The yard has raised planter beds for the gardener in the family, a newer storage shed, a woodshed and garden shed. Bsmt access allows for additional storage space. The 2nd residential unit is accessed from the large covered front porch, a perfect place to enjoy morning coffee or relax in the evenings. This unit features 2 bedrooms, 1 full bathroom, a comfortable living area, and a generous eat-in kitchen with a stackable washer and dryer. The main bedroom includes wood floors, a ceiling fan, and 2 spacious closets, while a stylish barn door leads to the full bathroom complete with a tub/shower combination, & linen closet. An additional flex space on this level lends itself perfectly to a home office, studio, or reading nook. The 3rd level expands the possibilities even further, offering an additional living or office area, a second bedroom, plus an unfinished room ideal for storage. This unit is currently rented at $1,300 per month with a lease in place through 7/31/2026, after which it transitions to month-to-month, providing long- term income stability. The residential tenant pays gas, electric, cable, & internet. The detached commercial building was completely renovated in 2022 and features two separate entrances for added functionality and privacy. The space is currently leased at $1300 per month, with options through Sept 2028 by a thriving Wellness Spa, offering strong appeal for continued business tenancy if desired. Inside, the layout includes luxury vinyl plank flooring throughout, a welcoming lobby area with recessed lighting, 4 private treatment rooms, a walk-in closet for storage or employee use, & an office with an additional sink and bathroom. The large flexible open space allows for a wide range of business, wellness, or professional uses. Includes a new stall shower, and additional conveniences include a hook up for a washer/dryer, (the all-in- one washer/dryer is the tenants) and an assisted wheelchair lift for ADA accessibility. An additional private room is perfect for storage or an office. The commercial tenant pays for gas, electric, cable, & internet. Easy access to Route 309, shopping, restaurants, breweries, local parks, and the Montgomery and Broad Theaters. With residential and commercial leases already in place and major renovations completed, this property offers rare multi-stream income potential wrapped in timeless historic character—making it an outstanding investment or the perfect live-work-earn setup in one of Souderton's most desirable locations.

Features