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538 E Church Road

ELKINS PARK, PA 19027
  • $750,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: PAMC2012274
UPDATED: 23 min ago
$750,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Information

High School:
School District:

Description

Great opportunity to own a TERRIFIC 5 unit Victorian building in Elkins Park. Building has three apartments currently rented, a fourth ready to be rented ASAP, and a HUGE fifth which will be the cash cow of the building once renovated - a massive two-floor apartment at the top of the building. Owner pays heat and hot water plus minor common electric. Rentals are well under market value in addition, especially considering the size of the units and the proximity to lots of the local hotspots, like the Elkins Park Library, the Creekside Coop, Elkins Perk, the train station, the local parks, etc. Huge parking area for 10 cars and more. See it now!!

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©2021 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: 2021-11-30T09:51:07.43.
www.locomusings.com/homes/122488850
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538 E Church Road ELKINS PARK, PA 19027

  • Price: $750,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 23 min ago
  • ID#: PAMC2012274
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1910
Built
Neighborhood:
Cheltenham Twp (10631)
County:
Montgomery
Area:
Cheltenham Twp (10631)
High School:
Cheltenham
School District:
Cheltenham
Property Description
Great opportunity to own a TERRIFIC 5 unit Victorian building in Elkins Park. Building has three apartments currently rented, a fourth ready to be rented ASAP, and a HUGE fifth which will be the cash cow of the building once renovated - a massive two-floor apartment at the top of the building. Owner pays heat and hot water plus minor common electric. Rentals are well under market value in addition, especially considering the size of the units and the proximity to lots of the local hotspots, like the Elkins Park Library, the Creekside Coop, Elkins Perk, the train station, the local parks, etc. Huge parking area for 10 cars and more. See it now!!
Exterior Features

Construction Materials Aluminum SidingStone Garage YN No Parking Features Paved ParkingUnassigned Parking Types Parking Lot Riparian Rights YN No Roof Pitched Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5515.00 Cooling Wall Unit Exclusions Washer And Dryer Belonging To Tenants Flooring WoodFully Carpeted Heating Hot Water Heating YN Yes Net Square Feet 5515.00 Security Features Security System

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Brookside Electric Circuit Breakers Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 2939.00 Municipality Cheltenham Twp Navigable Water YN N Net Operating Income 56444.00 New Construction YN No Number Of Units Total 0 Operating Expense Includes Heating/CoolingElectricInsurance Original MLSNumber 801068962534 Owner Pays HeatCommon Area Maintenance Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 10695.00 Tax Assessment Amount 165540.00 Tax Lot 024 Utilities Cable Tv Available Vacation Rental YN No Water Source Public Zoning Com

Listing courtesy of Keller Williams Real Estate-Blue Bell.


©2021 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: 2021-11-30T09:51:07.43.
 
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