Active

1352 Ashbourne Rd

Elkins Park PA, 19027

$479,000


$190.61 per sqft

Active

2 Beds

2,513 sqft

Multi-family

Built in 1875

Welcome to 1352 Ashbourne Rd, Elkins Park, PA 19027 - where investment dreams come true! This stunning single-detached passive income-producing duplex is a gem waiting for savvy investors like you to seize the opportunity.

With a total of 2,513 sq ft, this property boasts two fantastic units primed for profit. Unit A on the first floor features 2 bedrooms, 1.5 baths, and a massive kitchen with sleek stainless steel appliances. Plus, with central air and parking, it's the epitome of comfort and convenience. And let's talk location--it's within walking distance of the Elkins Park train station, Creekside Market & Tap, and Myers Elementary School. Vibrant Jenkintown markets are also only minutes away.

Unit B, the top-floor haven, offers 4 bedrooms, 1 bath, and a vast kitchen with stainless steel appliances. In-unit laundry and parking add to the allure.

But wait, there's more! Nestled on a sprawling 0.51-acre lot, the backyard is a canvas for creativity. Subdivide for neighborly extensions (subject to Cheltenham Township approval), set up storage units, or unleash your entrepreneurial spirit with a machine shop - endless possibilities! Want to take things a step further? Ask me about a potential development opportunity.

Whether you're a rent-hacking aficionado or a seasoned investor aiming to rake in about an extra $49k annually, this property delivers. With a cap rate of 6.3%, it's a golden ticket to financial success and opportunity. Don't miss out. Call us to schedule your showing today.

PAMC2102460

MLS ID

April 26, 2024

Listed

October 2, 2024

Updated

Map

1352 Ashbourne Rd
Elkins Park PA, 19027

Interior Features

Bedrooms

2


Interior Features

Eat-in Kitchen


Appliances

Dishwasher, Disposal, Dryer, Refrigerator, Gas Oven, Gas Range, Washer


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.51 Acres


Architectual Style

Colonial


Sewer

Public Sewer

School Information

School District

CHELTENHAM


High School

CHELTENHAM


Elementary School

MYERS

Other Property Details

Area Name

CHELTENHAM TWP


Taxes

$9,805


Tax Frequency

Annually


Days on Market

147


Garage

No


Parking

Off Street


Parking Total

3


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listed by EXP Realty, LLC
Listing Contact: 2673455203 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 7:24 AM UTC

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