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Key Details
Sold Price $232,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $86
Subdivision Cheltenham Vil
MLS Listing ID PAMC607840
Sold Date 06/28/19
Style Other
HOA Y/N N
Abv Grd Liv Area 2,672
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,505
Tax Year 2018
Lot Size 2,958 Sqft
Acres 0.07
Lot Dimensions 29.00 x 0.00
Property Description
This Cheltenham Village duplex hits all of the check boxes for a money making investment property or as an owner occupied while the second unit pays the mortgage. Recent updates to the first floor provide a move in ready owner s unit. This 3 bedroom, 1.5 bath apartment has plenty of space and is easy to rent if owner occupied is not what you are looking for. The second unit spans the 2nd and 3rd floors with 2 bedrooms and 1 bath. Separate gas and electric, driveway, garage/shed (as-is) for storage, backyard, additional basement storage. Two blocks from Septa s Ryers Train Station, close to multiple bus lines and easy access to the city. With a capitalization rate of almost 8% as listed and a GRM of less than 8 years, this is one of the best investments Cheltenham has to offer right now. Unit 1 (3 Bed,1.5 Bath) was recently rented at $1,300/mo, Unit 2 (2 Bed, 1 Bath) is currently month-to-month and rented at $1,100/mo.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning C3
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Hot Water, Radiant, Radiator
Cooling Window Unit(s)
Flooring Wood
Equipment Dishwasher, Disposal, Dryer - Gas, Refrigerator, Washer
Fireplace N
Appliance Dishwasher, Disposal, Dryer - Gas, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street, Off Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-02041-007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Joyce Pakstis • Realty Mark Associates-CC