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.
Property Type
Multi-FamilyCounty
MONTGOMERYStyle
TraditionalAD ID
44655693
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: None
- Heating: Hot Water
- Cooling Fuel: None
- Heating Fuel: Oil
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Twin/Semi-Detached
- New Construction: No
- Total Units: 3
- Built: 1900
- Construction Material: Stone
- Foundation/Basement: Stone
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 10,600
- Dimensions: 50.00 x 0.00
- Lot Size (Acres): 0.24
- Architectural Style: Traditional
- Main Square Feet: 10,600
Property Information
- SQ ft: 2,500
- SQ ft (Living Area): 2,500
- Total Lot SQ ft: 10,600
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 50.00 x 0.00
- Total Acreage: 0.24
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 461
-
Taxes / Assessments
Tax Information
- Annual Tax: $8,935
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $132,140
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway,Off Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: 1331 Ashbourne Read
-
School, Utilities & Location Details
School Information
- School District: CHELTENHAM
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Oil
- Hot Water: Natural Gas
Location Information
- Direction: 1331 Ashbourne Read
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BuyOwner last updated this listing 12/04/2024 @ 04:02
- MLS: PAMC2079664
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 1,961 sqft, 10,600 sized lot, and 0 parking. and are nearby neighborhoods.