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—just a quick 7-minute stroll to Elkins Park station and a 3-minute walk to Myers Elementary School, making city access and dropping the kids off at school a breeze! The vibrant Cheltenham Co-op Market and 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.
Property Type :
Multi-Family
Subdivision :
Elkins Park
County :
MONTGOMERY
Style :
Multi-Family
Sell a home like this and save $28,241 Find Out How
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
ByOwner last updated this listing 05/09/2024 @ 07:38
MLS: PAMC2102460
LISTED BY: Jose Cruz , EXP Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
