Sold 5/27/2016
  • 2,776
Multi-Family Home

HUGE OPPORTUNITY HERE $$$$! Spacious triplex in Elkins Park is situated on nearly half an acre and loaded with charm! A nostalgic porch greets you before entering the vestibule with hardwood floors and fireplace. Established as a profitable investment property with 3 attractive, sizeable, well-maintained units, 9ft ceilings on first and second floor, ample closet/storage space, hardwood floors throughout, and separate electric utilities. This property also has the potential to be an AMAZING single family home with land to spare for a new driveway, 2 story garage, or in-law suite. Unit #1 occupies the first floor and features distinctive archways, 3 bedrooms, a huge living room, large kitchen, full bath, rear sun porch, and 2 private entrances. Unit # 2 occupies the second floor of the building and features 2 spacious bedrooms, a large kitchen & living room, with beautiful hardwood floors and ceramic tile in the bathroom. Like Unit 1, Unit 2 has unique architecture adding to the appeal with a curved bump-out providing extra space in the living room and an archway in one of the bedrooms. Unit 3 occupies the 3rd floor and offers a bedroom, living room, bath and fully equipped kitchen. The living room in Unit 3 has classic built-in shelving units and it's own private balcony overlooking the town. The full basement is common and offers private storage areas for each of the three units as well as the owner. The basement also offers on site Coin-operated laundry for even more income! This property would also be 800 someone living in one unit and leasing the other two. It is located in desired Cheltenham Township School District, just two blocks from the small town center and the fine shops of Elkins Park Village and a stone's throw from the Elkins Park train station and bus transportation, which helps keep the units fully occupied.

Property Details
  • Cheltenham
    school district
  • $9,841.00
  • 1911
  • 2
  • 6751567
Natural gas heat
School district: Cheltenham
On street parking
Vinyl siding
Stone exterior
Lot acreage is: 0.44
Lot dimension is: 115
Subdivision: ELKINS PARK
Lot zoned: R5
Public sewer
Public water
Units in building(s): 3
Property style: 1
Tax year: 2016
Bedrooms in unit #1: 3
Bedrooms in unit #2: 2
Bedrooms in unit #3: 1
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1
Courtesy of:
Keller Williams Real Estate Tri-County

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Name Type GreatSchools
Elkins Park School Elementary School / Public 6 0.84 mi.
Myers El School Elementary School / Public 6 0.57 mi.
Cedarbrook Middle School Middle School / Public 7 1.61 mi.
Cheltenham High School High School / Public 5 1.94 mi.
St. James Elementary School * Pre-School, Elementary School, Middle School / Private N/A 0.51 mi.
Community Hebrew Schools of Gr * Elementary School, Middle School / Private N/A 0.49 mi.
Address Distance Sale date Sale price
7934 MONTGOMERY AVE 0 mi. 5/27/2016 $295,000
610 SPRING AVE 0.27 mi. 2/15/2018 $245,000
340 GERARD AVE 0.32 mi. 4/7/2017 $300,000
114 CADWALADER AVE 0.81 mi. 6/29/2017 $240,000
7500 NEW SECOND ST 1.21 mi. 8/24/2017 $227,064
6724 N 8TH ST 1.34 mi. 3/2/2018 $240,000
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{"markerType": "Sold", "lat": "40.08175", "lng": "-75.1167", "Address": "114 CADWALADER AVE", "City": "ELKINS PARK", "StateProv": "PA", "ZipCode": "19027"}
{"markerType": "Sold", "lat": "40.0569", "lng": "-75.12164", "Address": "7500 NEW SECOND ST", "City": "ELKINS PARK", "StateProv": "PA", "ZipCode": "19027"}
{"markerType": "Sold", "lat": "40.05468", "lng": "-75.13167", "Address": "6724 N 8TH ST", "City": "Philadelphia", "StateProv": "PA", "ZipCode": "19126"}
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7934 MONTGOMERY Avenue, ELKINS PARK, PA 19027 multi-family home was sold for $295,000.
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Data last updated: 4/21/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.