Active

1331 Ashbourne Rd

Elkins Park PA, 19027

$315,000


$126.00 per sqft

Active

3 Beds

2,500 sqft

Multi-family

Built in 1900

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.

PAMC2079664

MLS ID

August 1, 2023

Listed

October 2, 2024

Updated

Map

1331 Ashbourne Rd
Elkins Park PA, 19027

Interior Features

Bedrooms

3


Interior Features

Hardwood


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Oil

Exterior/Building Features

Lot Size

0.24 Acres


Architectual Style

Traditional


Sewer

Public Sewer

School Information

School District

CHELTENHAM

Other Property Details

Area Name

CHELTENHAM TWP


Taxes

$8,935


Tax Frequency

Annually


Days on Market

420


Garage

No


Parking

Off Street


Parking Total

4


View

No


County

MONTGOMERY


Water Source

Public


Pool

No


Zoning

multi family

Listing History

Date

Event

Price

7/24/2024

Price change

$315,000

-10%

1/6/2024

Price change

$349,000

-7%

Listed by Elfant Wissahickon-Chestnut Hill
Listing Contact: 2673121925 

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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