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MLS: #PAMC2185760, Listed By: Jeffrey W. Bryant, Springer Realty Group, Source:Bright MLS

123 Cedar Street

JENKINTOWN, PA 19046

$575,000 $2,424/Mo

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Overview

Bed

Bath

2,308

Sqft

0.21

Acre(Lot)

Description

Excellent investment opportunity in the heart of the Borough of Jenkintown. 123 Cedar Street is a well-maintained 3-unit multifamily property featuring one spacious 2-bedroom unit and two 1-bedroom units, plus a detached 2-car garage providing additional rental income. This fully-rented property currently generates over $55,000 in annual gross rent, with a mix of stable lease terms and month-to-month flexibility. Major improvements include a full roof and gutter replacement in 2020, new central HVAC for the first floor installed in 2023, new paved driveway in 2022, repointed front stone wall, and upgraded electric service with 150-amp panels for each unit and basement and a 200-amp upgrade for the whole house, including new wiring throughout. Recent unit updates include newer flooring, pa int, toilets, appliances, hot water heaters, updated laundry appliances, and separate electric/gas utilities. Located in desirable Jenkintown Borough, this property offers convenient access to shops, restaurants, public transportation, regional rail, and major commuter routes. A strong option for investors, owner-occupants, or buyers looking for a well-located income-producing property. Electric and gas is separately metered.

Property Details

Property Type : Residential Income

Price : $575,000

AD Id : 86605618

MLS Id : PAMC2185760

Beds : 4

Lot Size : 0.21 Acre

Living Area Size : 2,308

Year Built : 1900

Garage : 2

County : MONTGOMERY

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Room Information

Has Basement: Yes Basement: Walk-Out Access, Unfinished
Interior Features

Appliances: Electric Water Heater, Gas Water Heater Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Electric, Natural Gas, Forced Air, Baseboard Has Cooling: Yes Cooling: Central Air, Window Unit(s), Electric

Building Information

Year Built: 1900 Building Area Total: 2308 Construction Materials: Aluminum Siding Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 0.21 Lot Size Source: Estimated Lot Size Square Feet: 9148

Listing Price Information

Listing Price: $575000

Tax Information

Parcel Number: 10-00-00232-001 Tax Lot: 016 Tax Year: 2026 Annual Tax: $9229

Parking Information

Parking Total: 6 Garage, Driveway, Detached

Garage Information

Has Garage: Yes Garage Space: 2

School Information

Elementary School:

Junior High School: JENKINTOWN MIDDLE SCHOOL

Senior High School: JENKINTOWN
Location Information

Direction: GPS WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
39 Blake Avenue, Jenkintown, PA, 19046	$409,900	5	--	2,016	2,016 SqFt

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ByOwner last updated this listing 06/28/2026 @ 00:48

MLS: PAMC2185760 LISTED BY: Jeffrey W. Bryant, Springer Realty Group 610-505-6210 SOURCE: Bright MLS