UPDATED:
10/04/2024 03:07 PM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Jenkintown
MLS Listing ID PAMC2117998
Originating Board BRIGHT
Year Built 1908
Annual Tax Amount $31,008
Tax Year 2023
Lot Size 0.288 Acres
Acres 0.29
Lot Dimensions 89.00 x 0.00
Property Description
Welcome to 114 York Road, a prime investment opportunity in the heart of Jenkintown Borough. This turnkey 7-unit property is fully rented, making it the perfect acquisition for a savvy investor looking for immediate returns. Property Features 6 Residential Units: Updated throughout TWO 2-bedroom units and FOUR 1-bedroom units, featuring hardwood floors, stainless steel appliances, PEX plumbing, and in-unit laundry with one parking spot allocated per unit . In addition there is office space which is rented, offering additional income potential. The garage could be rented for up to $300/month.
This prime location is walkable to Jenkintown Town Square, the movie theater, boutique shops, and several local eateries. Close proximity to Starbucks, Trader Joe’s, Whole Foods, and two train stations. Easy access to Route 309, the Turnpike, and nearby universities and hospitals.
Award-Winning Jenkintown School District. This fully-leased building is an incredible income-generating property with long-term potential. Whether you're expanding your portfolio or making your first investment in this thriving area, 114 York Road offers everything you need in a prime real estate location.
Location
State PA
County Montgomery
Area Jenkintown Boro (10610)
Zoning MIXED
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Hardwood, Vinyl
Inclusions All Refrigerators , Washers & Dryer.
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
View Street
Roof Type Other
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Jenkintown
Others
Tax ID 10-00-05260-004
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard