Address
1331 Ashbourne Road, Elkins Park, PA
Price
$ 349,000
Property Attributes
- MLS#PAMC2079664
- TypeMulti-Family
- CountyMONTGOMERY
- CityElkins Park
- AreaCheltenham Twp
- Zip19027
- StyleTraditional
- Year Built1900
- Taxes$ 8752
- Price$ 349,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10,454 SqFt
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 8/1/2023 | Listed $425,000 |
| 9/8/2023 | 12% - $375,000 |
| 1/6/2024 | 7% - $349,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Hot Water |
| Cooling | None |
| Possession | Negotiable |
| Zoning | MULTI |
| Pool Y/N | No Pool |
| Architectural Style | Traditional |
| Construction Materials | Stone |
| Year Built | 1900 |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Gross Income | 37740.00 |
| OwnerPays | Heat,Heater Maintenance Contract,Insurance,Repairs,Sewer,Snow Removal,Taxes - Real Estate,Trash Collection,Water |
| Accessibility | None |
| County | MONTGOMERY |
| Net Operating Income | 18469.00 |
| Operating Expense | 19271.00 |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | 1331 Ashbourne Read |
| ModificationTimestamp | 2024-01-26T11:04:40 |
| City | ELKINS PARK |
| Buyer Agent Compensation | 3 |
| Zoning Description | multi family |
| Total Units | 3 |
| MLS Area | Cheltenham Twp (10631) |
| Lot Size Square Feet | 10600.00 |
| Tax Assessed Value | 132140.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | ASHBOURNE |
| Tax Annual Amount | 8752.0 |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| Single Room Units Count | 1 |
| One Bedroom Units Count | 2 |
| Price Per Sq Ft | 139.6 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 2500 |
| Days on Market | 274 |
| Lease Type | Month to Month |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 5 |
| Total Actual Rent | 37740.00 |
| Cap Rate | 5.50 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Flooring | Hardwood |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 4 |
| Type of Parking | Driveway,Off Street |
| Land Use Code | 1132 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 50.00 x 0.00 |
| Lot Size Acres | 0.24 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Off Street - # of Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19027
Price
Taxes
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
