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431 VALLEY RD Elkins Park, PA 19027
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Key Details
Sold Price $835,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2059228
Sold Date 01/12/23
Originating Board BRIGHT
Year Built 1913
Annual Tax Amount $13,900
Tax Year 2022
Lot Size 0.402 Acres
Acres 0.4
Lot Dimensions 140.00 x 0.00
Property Description
This recently renovated, and in great condition, the castle styled building comes with 6 car parking. The main building has six units : Four one- bedroom apartments and two two-bedroom apartments. The cottage house is a two-bedroom structure with one full bathroom and a powder room. The cottage house is detached from the main building in the back of the property. The lawn surrounds the property with a deck on the north side of the property and a nice and spacious yard to the south side suitable for outing and dining in the warm summer days.
The property is beautifully located on a quiet and lush block of Valley Rd in Elkins Park, only a few miles from Philadelphia center city. The Castle apartments include heat and hot water in the main building only. The electric utility and gas consumption for the cooking stoves are metered to each tenant. The basement has coin operated laundry and off street parking lot. Most of the kitchens and baths are modern, and many of the tenants are long term. The current rent roll in $84,780 a year.
Location
State PA
County Montgomery
Area Cheltenham Twp (10631)
Zoning APARTEMENT
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Utilities Available Electric Available, Natural Gas Available, Phone, Other
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cheltenham
Others
Tax ID 31-00-27115-007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with GIL BARZESKI • White Acre Realty