$650,000
$750,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
5,515 SqFt
SOLD DATE : 03/01/2022
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,515 sqft
Price per Sqft $117
MLS Listing ID PAMC2012274
Sold Date 03/01/22
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $10,695
Tax Year 2021
Lot Size 0.409 Acres
Acres 0.41
Lot Dimensions 106.00 x 0.00
Property Description
Great opportunity to own a TERRIFIC 5 unit Victorian building in Elkins Park. Building has three apartments currently rented, a fourth ready to be rented ASAP, and a HUGE fifth which will be the cash cow of the building once renovated - a massive two-floor apartment at the top of the building. Owner pays heat and hot water plus minor common electric. Rentals are well under market value in addition, especially considering the size of the units and the proximity to lots of the local hotspots, like the Elkins Park Library, the Creekside Coop, Elkins Perk, the train station, the local parks, etc. Huge parking area for 10 cars and more. See it now!!
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning COM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Wall Unit
Flooring Wood, Fully Carpeted
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 10
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Cheltenham
School District Cheltenham
Others
Tax ID 31-00-06739-007
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Matthew White • BHHS Fox & Roach -Yardley/Newtown
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "