(Lansdale/Montgomery Co. Area)

PUBLIC AUCTION

VALUABLE 4-UNIT RESIDENTIAL RENTAL PROPERTY * .34-AC.

2-BDRMS, 1-BATH EACH UNIT * COIN OP-LAUNDRY

TUESDAY, NOVEMBER 3, 2026 @ 4-PM

** OFFERING LIVE & ONLINE BIDDING **

Located at: 429 Edgemont Ave, Lansdale, PA 19466

Directions: From Rt. 476 take Lansdale exit Rt. 63 E. right on W. Main St. @ CVS left on Edgemont Ave.  to auction on left.

Real Estate: consists of a 3,570 sq. ft. 2-story brick 4-unit residential rental property on a .34-acre tract. Each unit laid out nearly identical features an eat-in style 14’x10’ kitchen w/modern wood cabinetry & appliances; 18’x11’ living room; BR #1) 13’x10’ w/double closet; full bath; BR #2) 12’x12’ w/closet; 2-units ground level, 2-units on 2^nd floor; basement includes coin-op laundry, private storage areas; 4-AC units; 4-gas furnaces; public water & sewer; annual taxes: $10,634. Annual Rental Income: $76,140 approx. Owner Expenses: Gas Water Heater-$1,500/yr; Trash-$1,800/yr; Water/Sewer-$1,800/yr; Insurance: $2,099 Annual Profit $58,307 approx. Property has new metal roof, insulated windows & doors, low maintenance brick exterior. Storage shed & macadam parking area, level .34-acre tract.

Open House: Sat. Oct. 17 & 24 from 1-3 PM for info call/text auctioneer @ (717) 371-3333.

Terms: $50,000 down day of auction, balance in 60-days. Attorney: Tom Fanning (717) 354-7700.

Note: Outstanding low maintenance solid brick 4-unit rental property, valuable proven income generator, located on a quiet side street in the Oak Park residential neighborhood, close to all Lansdale conveniences!

** Broker Participation Invited * Contact Auctioneer for Details (717) 371-3333 **

For Photos & Detailed Listing Visit www.martinandrutt.com

Auction For: Wilmer G. Martin & Everence Foundation

Auction By: Martin & Rutt Auctioneers, LLC AY2189-L

Michael J. Martin (717) 371-3333 * John J. Rutt II (717) 587-8906 * Cameron Rutt