167 Old Stagecoach Rd, Gilbert, PA 18331

$999,000
4
BD
3
BA
4,105
SqFt
List Price
$999,000
Days on Market
36
Status
ACTIVE
MLS#
PAMR2001108
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
4,105
Lot Size (Acres)
9.77
Style
Other
Year Built
1985
County
Monroe
School District
Pleasant Valley

Property Description

Established facility for the serious equestrian. MAIN RESIDENCE: The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated ¾ bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX: Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellent rental history with a group of stable & good tenants who would like to stay on. STABLE COMPLEX: Handsomely appointed box stalls. Beautiful & spacious indoor riding arena with heated lounge. Grooming/tack area conveniently situated at entrance of indoor ring. Restroom, hot walker, 6 paddocks. Footing in indoor ring belongs to current tenant & will be removed in August when tenant leaves. She will replace with basic footing or sell footing to new owner. Pond in rear of property. Ample parking for both cars & trailers. Separate 9 stall barn + shed row with stalls that can be used for quarantine. Separate outbuildings to house sawdust & equipment. Although there are 40 stalls in total, current Nutrient Management Program (NMP) allows for 20 horses on the property- this can change depending on number of pastures in use. The NMP can be purchased from current tenant. Details on file. Enjoy the income this property produces! Annual gross rent of $63,600 which includes rent of stable complex. Rent is way below market value – projected increase in rent is between 8-9K more per year. Could never build all the infrastructure at this price! Non-conformance agreement for zoning. Large barn & indoor arena on separate meter. Upper barn, outside lighting, garage, & well pump & laundry room on separate meter. Proof of financial qualifications must be sent to listing broker prior to any showings. Thank you. LIST OF EXCLUDED ITEMS THAT BELONG TO TENANT WHO IS RENTING OUT STABLE IS ON FILE.

Additional Information

Area
Chestnuthill Twp (13502)
Subdivision
Z Not In A Develop
Taxes
$12433.88
Interior Features
2nd Kitchen, Dining Area, Wood Floors, Upgraded Countertops
School District
Pleasant Valley
Garage
Yes
Garage Spaces
2
Exterior Features
Outbuilding(s)
Pool Description
Above Ground
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Wall Unit
Water
Well
Sewer
Septic Exists
Room Level
Kitchen: Main, Living Room: Main, Bedroom 1: Main, Living Room: Upper 1, Kitchen: Upper 1, Bedroom 2: Upper 1, Bedroom 3: Upper 1, Primary Bedroom: Upper 1, Dining Room: Upper 1, Family Room: Upper 2, Other: Upper 2
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cindy Stys Equestrian & Country Properties Ltd.