Jenkintown, PA 19046,505-507 GREENWOOD AVE
Jenkintown, PA 19046,505-507 GREENWOOD AVE
Jenkintown, PA 19046,505-507 GREENWOOD AVE
$422,000
Est. payment /mo
$419,000
0.7%
Est.Price: ?

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4,242 SqFt
SOLD DATE : 04/20/2018

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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Bright MLS (BMLS)
Listed by Eric J Aronson • RE/MAX Action Realty-Horsham
Bought with Scott Laughlin • BHHS Fox & Roach-Chestnut Hill

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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