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Key Details
Sold Price $675,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Elkins Park
MLS Listing ID 1000416990
Sold Date 10/31/18
HOA Y/N N
Originating Board TREND
Year Built 1850
Annual Tax Amount $16,423
Tax Year 2018
Lot Size 0.979 Acres
Acres 0.98
Lot Dimensions 56
Property Description
Attention Investors! This RARELY offered unique property located in desirable Elkins Park features 6 apartments and 3 garages PLUS a common coin operated laundry room accessible to all tenants. An absolutely awesome money maker! This fully occupied TURNKEY property is priced to sell and has been extremely well-maintained. All the units feature hardwood flooring and every apartment has lots of natural light shining through, you will not be disappointed! The Common garden areas are beautiful not to mention the quick access to the parks for peaceful nature walks AND less than a 5 minute walk to the Elkins Park Train station. Very convenient location, short walk from fine dining and shopping as well. This property is FULLY OCCUPIED, A TURNKEY, VERY WELL MAINTAINED, MONEY MAKER! Do not miss out on this investment! 3 Detached Garages, Garage A 200, Garage B 225 and Garage C 225. Green: Annual Maintenance Expenses include Fire service fee, Trash removal, pest control, landscaping & snow removal. Annual Other expenses include utilities common area. Gross annual income is the total rental roll 6 units and 3 garages. Bonus income from coin operated laundry ranges from (190-300) per month.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning R5
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Garage N
Building
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-13666-505
Ownership Fee Simple
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Bought with Frank Blumenthal • Keller Williams Real Estate Tri-County