Description
Excellent investment opportunity to own this turn-key, fully occupied, 5-unit building in desirable keswick village. this property consists of a commercial office and meeting room on the first floor, with (4) one bedroom apartments above, all with a great rental history and upward potential. there is also a rented 2 car garage in the rear of the property. the office space on the main level is in excellent condition with a long-term lease featuring annual rental increases, showing their commitment to the location. the space is well appointed with a large meeting area, private office, full kitchen, bath and rear fenced patio area. the office has separate gas heat, electric and has central air. each apartment has received various updates under current ownership; such as kitchens, appliances, baths, flooring, and paint. the property is conveniently located in the heart of glenside, abington township and in close proximity to neighboring shops, pubs, restaurants, a local market, the keswick theater and public transportation. the local bus route and the glenside train station are just a short distance away. apartment demand is extremely high in this desirable location and vacancies are always filled quickly. the apartments have hot water radiator and/or baseboard heat supplied by separate gas boilers in the basement. the heat is paid for by the tenants. current ownership has maintained the roof and numerous other mechanical items such as water heaters and the boiler, greatly reducing future capital expense needs. tenants are responsible for their individually metered electric and gas. there is a separate gas heater for each unit. the building has (2) large water heaters in the basement and is equipped with a hard-wired and monitored fire alarm system. the parking for this property is on street parking. while the building is currently fully occupied and profitable, a new owner could increase income by approximately $200 per month per residential unit (totaling $9,600 per year) by implementing various value-add strategies such as adding laundry and/or upgrading interior finishes to the next level. this is a perfect property for the first-time investor or a seasoned investor to add to their portfolio. some photos are prior to tenant occupancy.
Property Type
Multi-FamilySubdivision
KeswickCounty
MONTGOMERYStyle
TraditionalAD ID
48604791
Sell a home like this and save $74,501 Find Out How
Statistics Bottom Ads 1
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Flat,Shingle
- Exterior Property Features : Fire Escape
Roofing Information
- Flat,Shingle
Heating & Cooling
- Cooling: Other
- Heating: Hot Water
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Exterior Features: Fire Escape
- Year Built: 1935
- Structure: Over Storefront
- New Construction: No
- Total Units: 4
- Built: 1935
- Construction Material: Brick,Masonry
- Security System: Fire Detection System
- Roof: Flat,Shingle
- Architecture: Traditional
- Pool/Private: No Pool
- Roof Type: Flat,Shingle
Exterior Features
- Utilities: Electric Available,Natural Gas Available,Cable TV
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,537
- Dimensions: 20.00 x 0.00
- Lot Size (Acres): 0.06
- Architectural Style: Traditional
- Main Square Feet: 2,537
Property Information
- SQ ft: 3,615
- SQ ft (Living Area): 3,615
- Total Lot SQ ft: 2,537
- Subdivision: KESWICK
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 20.00 x 0.00
- Total Acreage: 0.06
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Subject to Existing Lease
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,686
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- Subject to Existing Lease
Assessment Information
- Taxes Assessment Amount: $139,950
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
- Roof: Flat,Shingle
Homeowners Association Information
- Direction: South on Easton Road, left on Keswick Avenue. The property is on the right.
-
School, Utilities & Location Details
School Information
- Middle OR Junior School: ABINGTON JUNIOR HIGH SCHOOL
- High School: ABINGTON
- School District: ABINGTON
Utility Information
- Electric Available,Natural Gas Available,Cable TV
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Location Type: Suburban
- Direction: South on Easton Road, left on Keswick Avenue. The property is on the right.
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 02/22/2025 @ 06:59
- MLS: PAMC2129550
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,537 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of GLENSIDE , in zip code 19038, this MONTGOMERY County Other , it is in the KESWICK Subdivision, and are nearby neighborhoods.