1331 ASHBOURNE RD Active Save Request In-Person Tour Request Virtual Tour
Elkins Park,PA 19027
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $126
MLS Listing ID PAMC2079664
Style Traditional
Year Built 1900
Annual Tax Amount $8,935
Tax Year 2024
Lot Size 10,600 Sqft
Property Description
Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well.
Yearly expenses as follows: $17,712
Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726.
Yearly rental Income: $31,860
Yearly expenses : $17,712
net operating income-$14,148.00
Apt B - lower level apartment $735 (not legally zoned)
Floor 1 - 1st floor rear $895
Floor 2 - 2nd floor $1,025
call for appointments-24 hour notice.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning MULTI
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Hardwood
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard