Kevin Heselbach

Associate Broker | License ID: 603734

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$ 242,500

$ 260,000 6.7%

Est. payment -/mo

Sold on 12/31/2024

1331 ASHBOURNE RD Elkins Park, PA 19027

2,500 SqFt

UPDATED:

Key Details

Sold Price $242,500

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $97

MLS Listing ID PAMC2079664

Sold Date 12/31/24

Style Traditional

Abv Grd Liv Area 2,500

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $8,935

Tax Year 2024

Lot Size 10,600 Sqft

Acres 0.24

Lot Dimensions 50.00 x 0.00

Property Sub-Type Twin/Semi-Detached

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

Heat Source Oil

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-00742-001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by John P O'Connell • Elfant Wissahickon-Chestnut Hill
Bought with John P O'Connell • Elfant Wissahickon-Chestnut Hill

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

GET MORE INFORMATION