Description
Own a Piece of History While Earning a Steady Return!A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station"an ideal setup for long-term financial success.Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafs, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters.Property Features:1) Six Oversized Units " Spacious layouts, some units nearly 2,000 sq. ft.2) Consistent Rental Income " Generates $110K annually, with long-term tenants who renew leases3) Historic Charm & Modern Updates " Hardwood flooring, large windows, and well-maintained interiors4) Outdoor Amenities " Tenant gardens, a firepit area, and extra storage lockers5) Convenience " Off-street parking and on-site laundry facilities6) Commuters Dream " Less than 2 blocks from Elkins Park train station with easy access to Philadelphia7) Strong Community Appeal " Walkable neighborhood with grocery stores, restaurants, and parks nearbyA Sound Investment in a Thriving LocationElkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment.Dont miss out on this exceptional income-producing property in one of Montgomery Countys most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.
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0BEDS
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0.98ACRES
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0BATHS
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01/2 BATHS
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8,100SQFT
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$148$/SQFT
School Information
Description
Own a Piece of History While Earning a Steady Return!A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station"an ideal setup for long-term financial success.Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafs, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters.Property Features:1) Six Oversized Units " Spacious layouts, some units nearly 2,000 sq. ft.2) Consistent Rental Income " Generates $110K annually, with long-term tenants who renew leases3) Historic Charm & Modern Updates " Hardwood flooring, large windows, and well-maintained interiors4) Outdoor Amenities " Tenant gardens, a firepit area, and extra storage lockers5) Convenience " Off-street parking and on-site laundry facilities6) Commuters Dream " Less than 2 blocks from Elkins Park train station with easy access to Philadelphia7) Strong Community Appeal " Walkable neighborhood with grocery stores, restaurants, and parks nearbyA Sound Investment in a Thriving LocationElkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment.Dont miss out on this exceptional income-producing property in one of Montgomery Countys most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-06-20T23:54:48.32.
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