1352 ASHBOURNE RD Active Save Request In-Person Tour Request Virtual Tour
Elkins Park,PA 19027
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,513 sqft
Price per Sqft $190
Subdivision Elkins Park
MLS Listing ID PAMC2102460
Style Colonial
Year Built 1875
Annual Tax Amount $9,805
Tax Year 2024
Lot Size 0.512 Acres
Property Description
Welcome to 1352 Ashbourne Rd, Elkins Park, PA 19027 ? where investment dreams come true! This stunning single-detached passive income-producing duplex is a gem waiting for savvy investors like you to seize the opportunity.
With a total of 2,513 sq ft, this property boasts two fantastic units primed for profit. Unit A on the first floor features 2 bedrooms, 1.5 baths, and a massive kitchen with sleek stainless steel appliances. Plus, with central air and parking, it?s the epitome of comfort and convenience. And let?s talk location?it's within walking distance of the Elkins Park train station, Creekside Market & Tap, and Myers Elementary School. Vibrant Jenkintown markets are also only minutes away.
Unit B, the top-floor haven, offers 4 bedrooms, 1 bath, and a vast kitchen with stainless steel appliances. In-unit laundry and parking add to the allure.
But wait, there?s more! Nestled on a sprawling 0.51-acre lot, the backyard is a canvas for creativity. Subdivide for neighborly extensions (subject to Cheltenham Township approval), set up storage units, or unleash your entrepreneurial spirit with a machine shop ? endless possibilities! Want to take things a step further? Ask me about a potential development opportunity.
Whether you?re a rent-hacking aficionado or a seasoned investor aiming to rake in about an extra $49k annually, this property delivers. With a cap rate of 6.3%, it?s a golden ticket to financial success and opportunity. Don?t miss out. Call us to schedule your showing today.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Carpet,Laminated
Inclusions Washers & dryers, and kitchen appliances
Equipment Dishwasher,Dryer,Disposal,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer
Exterior
Garage Spaces 3.0
Utilities Available Cable TV
Waterfront N
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Myers
Middle Schools Cedarbrook
High Schools Cheltenham
School District Cheltenham
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard