1352 Ashbourne Road Elkins Park, PA $ 479,000
1352 Ashbourne Road
$ 479,000
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1352 Ashbourne Road

Elkins Park, PA, 19027
$ 479,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,184

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Multi-Family Home for sale in Elkins Park, PA

for $479,000 with 5 bedrooms. This home was built in 1875 on a lot size of 0.51.

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, its the epitome of comfort and convenience. And lets talk locationit's within walking distance of the Elkins Park train station, Creekside Market & Tap, and Myers Elementary School. Vibrant 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, theres 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 youre 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%, its a golden ticket to financial success and opportunity. Dont miss out. Call us to schedule your showing today.

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Multi-Family Active

Price

$ 479,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 9,604

Style

Colonial

Lot Size

0.51

Year Built

1875

Town/City

Elkins Park

County/Region

Montgomery

MLS | Web ID

PAMC2102460

Features
General
Interior Features Carpet Kitchen - Eat-In
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV
Possession 0-30 Days CD
Appliances Dishwasher Dryer Disposal Oven/Range - Gas Refrigerator Stainless Steel Appliances Washer
Zoning RESIDENTIAL
Architectural Style Colonial
Construction Materials Vinyl Siding
Year Built 1875
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality CHELTENHAM TWP
Gross Income 30108.00
Accessibility None
County MONTGOMERY
Net Operating Income 43200.00
Operating Expense 12000.00
New Construction N
Property Type Multi-Family
Subdivision Name ELKINS PARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Please use GPS.
City ELKINS PARK
Buyer Agent Compensation 3
Total Units 2
MLS Area Cheltenham Twp (10631)
Lot Size Square Feet 22300.00
Waterfront Y/N N
Number of Units Leased 2
Street Name ASHBOURNE
Tax Annual Amount 9604.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total 190.61
Acceptable Financing Cash Conventional FHA
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 25
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 7
Total Actual Rent 43200.00
Cap Rate 6.30
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Flooring Carpet Laminated
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Street Suffix ROAD
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Private
Water Source Public
Inclusions Washers & dryers and kitchen appliances
Type of Parking Off Street Other
Foundation Details Concrete Perimeter
Spa N
Water View Y/N N
Lot Dimensions 50.00 x 0.00
Lot Size Acres 0.51
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1352
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* Excluded Features
List By
Exp Realty, Llc

Broker

jjuancruz01@gmail.com

Email

Affordability Calculator

$3,984
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,184
Monthly Property Taxes
$800
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4061965 Elementary School
2685471 Middle School
Cheltenham High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2024$479,000 Listed Price

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1352 Ashbourne Road, Elkins Park, PA, 19027 is a Multi-Family Home for sale at $479,000 with a lot size of 0.51. 1352 Ashbourne Road has 5 bedrooms, 0.0 baths, and was built in 1875. The property's zip code is 19027 which is in Elkins Park, PA