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7868 SPRING AVE Elkins Park, PA 19027
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Key Details
Sold Price $414,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,657 sqft
Price per Sqft $113
MLS Listing ID PAMC2054406
Sold Date 01/09/23
Style Colonial
Abv Grd Liv Area 3,657
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $8,437
Tax Year 2022
Lot Size 7,923 Sqft
Acres 0.18
Lot Dimensions 56.00 x 0.00
Property Description
Attention Investors! Large 3 story colonial home currently zoned and set up as a Triplex, but the first floor is large enough to split into two 1 bedroom apartments to make this a Quadplex. There is a 2 car detached garage for additional rental income. Rents are below market value! The owner occupies the first floor and would stay on a month to month lease while they shop for a new home. First floor has a sun-drenched Living Room with bay window, original wood trim, pocket doors & hardwood floors. Large Dining Room also with hardwood floors. Kitchen has white cabinets, a neutral countertop and quaint eat in area. This unit has 2 Bedrooms, a hall bath and washer and dryer in unit. Second floor delivers a 2 Bedroom unit with large living room, hall bath and oversized kitchen. The kitchen has original hardwood floors, white cabinets, eat-in area and private laundry room and pantry closet. 3rd floor is a 2 Bedroom, living room, a small room for office, Hall bath and kitchen. 3rd floor unit $900 per month, 2nd floor unit is $1150 per month and 1st floor is $1100. Come live in one unit and have rental income from the others. Beautiful original woodwork, many rooms freshly painted, some refinished hardwood floors and some with carpets. Heater (2005)& roof (2014 & 2017). This home has been lovingly cared and has had great rental income. Electric is separate. Across the street from the Elkins Park Station with trains into center city, the northern suburbs and the airport. . Beautiful tree lined street, walking distance to dining and shopping. 5 minutes to Trader Joe's and Whole Foods. Enjoy abundant parks and trails in the township, the pools, the libraries, dog parks, Curtis Park with free summer concerts. Cheltenham Township is historic, green and progressive-come check it out for yourself! Rent 2 units and live in the 3rd one
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning MULTI FAMILY
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood, Carpet, Ceramic Tile
Heat Source Natural Gas
Exterior
Parking Features Garage Door Opener, Garage - Front Entry
Garage Spaces 8.0
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone
Water Access N
Roof Type Asphalt
Accessibility 32\"+ wide Doors
Total Parking Spaces 8
Garage Y
Building
Lot Description Front Yard, Landscaping, Not In Development
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-24970-001
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 Matthew White • BHHS Fox & Roach -Yardley/Newtown