Sold

CLOSED

7301 Chestnut

Elkins Park PA, 19027

$650,000


$115.64 per sqft

Sold

CLOSED

6 Beds

5,621 sqft

Multi-family

Built in 1873

Opportunity is knocking! HUGE Triplex Situated on an oversized lot in Elkins Park located just .3 miles from the Melrose Park Train Station. It is the perfect mix of modern conveniences and old world charm. The owner has occupied the first floor and rented the other units. As you walk up to the home you are greeted by a wrap around screened in porch on the first floor which leads you into the foyer of the home. The 1st floor unit is spacious with 1731 sq feet. There are 3 GOOD sized bedrooms and 2 bathrooms. Included in that is an owners suite. The living room features an electric fireplace that is ideal on the cold winter nights. The kitchen has been remodeled with SS appliances, newer cabinets, granite counters, bar seating, and tile backsplash. For all your storage needs there is a walk out basement with laundry, and utilities. As an added bonus, there is also solar panels that are owned with 12 years left on their warranty. They are connected to the first floor unit. Excess energy made is expressed as a credit in their PECO bill.
Leading up to the 2nd and 3rd unit you are greeted by a covered porch which has been shared by the tenants.
The 2nd Floor offers 1228 sq feet with 2 bedrooms and 1 bath. Newer Ark Fault electric has been installed, washer and dryer, as well as replacement windows.
The third floor offers 717 sq ft with 1 Bedroom and 1 bath.
Also there are two garages on the property which could also be rented out. There is a 3 car garage and a 2 car garage. There is no shortage of storage here!
Utilities: each unit is billed separately for gas & electric. Water & Sewer is one bill for all units.

PAMC2113226

MLS ID

August 7, 2024

Listed

December 4, 2024

Updated

Map

7301 Chestnut
Elkins Park PA, 19027

Interior Features

Total Stories

3


Bedrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Hot Water, Radiant

Exterior/Building Features

Lot Size

0.27 Acres


Lot Features

Corner Lot


Architectual Style

Converted Dwelling


Sewer

Public Sewer

School Information

School District

CHELTENHAM

Other Property Details

Area Name

CHELTENHAM TWP


Taxes

$9,805


Tax Frequency

Annually


Days on Market

71


Garage

Yes


Garage Spaces

2


Parking

On Street, Detached


Parking Total

4


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/22/2024

Sold

$650,000

10/16/2024

Price change

$650,000

8%

10/16/2024

Under contract

9/24/2024

Price change

$600,000

-8%

Listed by Opus Elite Real Estate
Listing Contact: 2673976291 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/4/2024. 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.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 12/4/2024 at 1:48 PM UTC

Powered byLuxury Presence