$450,000
$450,000
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0.28 Acres Lot
SOLD DATE : 03/28/2022
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2029286
Sold Date 03/28/22
Style Other
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $10,272
Tax Year 2021
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 60.00 x 0.00
Property Description
Great investment opportunity to own large (4681 sq ft) multi-unit property with a great location & Excellent Cheltenham school district . 4-unit property on 1/4 acre in the heart of Elkins Park. Parcel includes:
Property #1 3-story Victorian home with 3 living units. All 3 units pf the main house are occupied, each is 2bdr / 1 bath. (rents are $1500; $1425; $1000) Total annual gross income is $47,100. Separate hot water and electric. Property #2. Carriage house that has 3 car garage and another 2 bdr apartment (about 1500 sq ft) with the backyard access. Currently vacant & needs some updating before new tenant. Projected rent is $1600/moProjected 4 unit gross income $66,300. Property is sold as-is
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning MIXED RES/COMM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Other
Garage Spaces 3.0
Waterfront N
Water Access N
Accessibility None
Parking Type Detached Garage
Total Parking Spaces 3
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-00718-007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Allen Leyman • ROI National Realty Corp
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "