$349,000
1331 Ashbourne Rd, Elkins Park, PA, 19027
2,500
Square feet
0.24
Acres
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.
Facts & Features
| MLS® # | PAMC2079664 |
|---|---|
| Price | $349,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,500 |
| Acres | 0.24 |
| Year Built | 1900 |
| Type | Multi-Family |
| Sub-Type | Triplex, Twin/Semi-Detached |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1331 Ashbourne Rd |
|---|---|
| Area | Cheltenham Twp (10631) |
| City | Elkins Park |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | CHELTENHAM TWP |
| Zip Code | 19027 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Hot Water |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Stone |
|---|---|
| Foundation | Stone |
School Information
| District | CHELTENHAM |
|---|
Additional Information
| Date Listed | August 1st, 2023 |
|---|---|
| Days on Market | 270 |
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Elfant Wissahickon-Chestnut Hill |
|---|---|
| Contact Info | (215) 247-3600 |