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Key Details
Sold Price $422,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,242 sqft
Price per Sqft $99
Subdivision Jenkintown
MLS Listing ID 1003280085
Sold Date 04/20/18
Style Other
HOA Y/N N
Abv Grd Liv Area 4,242
Originating Board TREND
Year Built 1918
Annual Tax Amount $8,208
Tax Year 2018
Lot Size 8,901 Sqft
Acres 0.2
Lot Dimensions 42
Property Description
Before the stock market drops significantly, Have your investments in brick & mortar! Take tax benefits of local stable real estate. Purchase a fully rented "Quad-plex" located in desirable Jenkintown Boro, now being offered for sale!Same owner for the last 12 profitable years!!This older rental property possesses enormous uncommon charm of yesteryear! Drive by outside and see this well maintained cash cow. It is located in the Jenkintown School District which is very sought-after and competitive, plus very close to the school grounds themselves. The property is located at 505-507 Greenwood Avenue, Jenkintown, PA 19046. Off-street parking in the Boro is extremely RARE. Attracting reliable tenants has never been a concern, tenants come and stay long term. Your tenants will love the private parking for 6 cars off-street in the rear of property. Don't miss this stable and profitable real estate investment while interest rates are at the lowest levels. Rear of property features a large deck for upstairs, 2-one bedroom units. Downstairs has 2-two bedroom units, each with their own W/D. Each unit has their own front and rear doors. All units have separate electric panels and separate thermostats for clean and affordable gas heat. Each of the 4 units has their own hot water heater. Yearly gross rent: $44,,640 Taxes $8,208,-- Owner needs at least 24 hours notice to show inside of units. Call or email today for an appointment. Owners are PA licensed real estate holders. Today's Attractive Loan rates will not be around too long--lock in soon!
Location
State PA
County Montgomery
Area Jenkintown Boro (10610)
Zoning C
Rooms
Other Rooms Primary Bedroom
Basement Full, Outside Entrance
Interior
Hot Water Electric
Heating Gas, Hot Water, Radiator, Zoned
Cooling None
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit, Has Laundry
Exterior
Garage Spaces 5.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Parking Lot
Total Parking Spaces 5
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Jenkintown
Middle Schools Jenkintown Middle School
High Schools Jenkintown Middle School
School District Jenkintown
Others
Tax ID 10-00-01308-005
Ownership Fee Simple
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Bought with Scott Laughlin • BHHS Fox & Roach-Chestnut Hill