$295,000
$292,000
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2,776 SqFt
SOLD DATE : 05/27/2016
Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,776 sqft
Price per Sqft $106
Subdivision Elkins Park
MLS Listing ID 1002400106
Sold Date 05/27/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,776
Originating Board TREND
Year Built 1910
Annual Tax Amount $9,841
Tax Year 2016
Lot Size 0.441 Acres
Acres 0.44
Lot Dimensions 115
Property Description
HUGE OPPORTUNITY HERE $$$$! Spacious triplex in Elkins Park is situated on nearly half an acre and loaded with charm! A nostalgic porch greets you before entering the vestibule with hardwood floors and fireplace. Established as a profitable investment property with 3 attractive, sizeable, well-maintained units, 9ft ceilings on first and second floor, ample closet/storage space, hardwood floors throughout, and separate electric utilities. This property also has the potential to be an AMAZING single family home with land to spare for a new driveway, 2 story garage, or in-law suite. Unit #1 occupies the first floor and features distinctive archways, 3 bedrooms, a huge living room, large kitchen, full bath, rear sun porch, and 2 private entrances. Unit # 2 occupies the second floor of the building and features 2 spacious bedrooms, a large kitchen & living room, with beautiful hardwood floors and ceramic tile in the bathroom. Like Unit 1, Unit 2 has unique architecture adding to the appeal with a curved bump-out providing extra space in the living room and an archway in one of the bedrooms. Unit 3 occupies the 3rd floor and offers a bedroom, living room, bath and fully equipped kitchen. The living room in Unit 3 has classic built-in shelving units and it's own private balcony overlooking the town. The full basement is common and offers private storage areas for each of the three units as well as the owner. The basement also offers on site Coin-operated laundry for even more income! This property would also be 800 someone living in one unit and leasing the other two. It is located in desired Cheltenham Township School District, just two blocks from the small town center and the fine shops of Elkins Park Village and a stone's throw from the Elkins Park train station and bus transportation, which helps keep the units fully occupied.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning R5
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas, Radiator
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-19417-001
Ownership Fee Simple
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Bought with William J Cush • Keller Williams Real Estate-Montgomeryville
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "