2306 Old Welsh Road

Closed 5/29/25
Closed 5/29/25
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Exterior rear
Exterior rear
Exterior side
Exterior rear with parking lot/driveway
Exterior Front Porch
ManCave/SheShack
Generator
Sold
Last Sold Price
$645,000
5 beds3 baths2,951 sqft

2306 Old Welsh Rd, Willow Grove, PA 19090

Multi FamilyProperty Type
0.27 acresLot Size
1904Year Built
$219/sq ftPrice per sq ft

Description

2306 Old Welsh Road is a beautiful example of what multi-family ownership is at its best... THIS is the owner YOU want to buy from! Maintained to perfection, utilities professionally split and serviced! Longer term tenants take great care of their units, and it's time for new ownership - will it be you? Rent is under market - so there's plenty of ability to raise rent and further increase your income. There's also ways to further cut expenses and your bottom line! This beautiful building even has...2306 Old Welsh Road is a beautiful example of what multi-family ownership is at its best... THIS is the owner YOU want to buy from! Maintained to perfection, utilities professionally split and serviced! Longer term tenants take great care of their units, and it's time for new ownership - will it be you? Rent is under market - so there's plenty of ability to raise rent and further increase your income. There's also ways to further cut expenses and your bottom line! This beautiful building even has a commercial diesel GENERATOR outside - for your tenants to plug into if power goes down! Starting in the basement you'll clearly see the care and professionalism with which the hot water boilers and hot water heaters have been maintained...the mechanicals speak for themselves. The units, the exterior of the building all in impeccable condition! There's a huge driveway off the side street for a number of cars, your tenants and room for guests too! There's even a heated and air conditioned man-cave or she-shed which you can rent for $200-$300/m for addl. income - OR use it for yourself for ultra nice storage if you'd prefer! Located in the award-winning Abington School District, just a stone's throw from Route 611, the mall, the turnpike, shopping - you cannot find a better location! Have a look at the numbers - they make the case that THIS is the property you've been waiting for! Operating expenses available in documents. Come see it soon before it's too late!
  • Listed by: Matthew B Harnick 215.576.5500 matt@harnickteam.com • Keller Williams Real Estate-Blue Bell
Listing closed: 05/29/2025 12:00 AM • Source: BRIGHT, MLS#: PAMC2128588
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Principal and Interest

$3,443

Property Taxes

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Property Information for 2306 Old Welsh Road

Property Details

  • Taxes: $6,540 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Montgomery County
  • Tax ID Number: 30-00-48952-005
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Victorian, Colonial
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 02-05-2025
  • Subdivision: WILLOW GROVE
  • Subdivision: WILLOW GROVE (MONTGOMERY PA)
  • Cross Street: Fairview Road
  • Municipality: ABINGTON TWP
  • Central Air: Yes
  • Above Grade Finished SQFT: 2,951.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No

Building Information

  • Residences: 3
  • Year Built: 1904
  • Lot Size: 0.27 AC / 11,552 SF

Location

Location
  • School District Name: ABINGTON
  • School District County ID: 300200397027
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: ABINGTON JUNIOR HIGH SCHOOL (MONTGOMERY PA)
  • MiddleSchoolSource: Listing Agent
  • High School: ABINGTON SENIOR (MONTGOMERY PA)
  • HighSchoolSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Abington Twp (10630)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $134,490
  • Year Assessed: 2025
  • County Tax: $706
  • City Town Tax: $796
  • Clean Green Assessed: No
  • Land Use Code: 1134
  • Zoning: RESIDENTIAL TRIPLEX
  • Tax Lot: 019
  • School Tax: $4,985
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No

Lease Information

Lease Information
  • Owner Pays: Water

Unit Information

Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
  • Rent Control: No

Multi Family

Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1

Financial Information

Expenses
  • Operating Expense: $6,580
  • Insurance Expense: $2,390
Financial Information
  • Gross Income: $49,800
  • Gross Scheduled Income: $58,200
  • Net Operating Income: $32,493
  • Annual Rental Income: $49,800
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month, Yearly

Building Info

Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,951.00

Lot / Land Information

Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 46.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 657009

Parking

Parking
  • Type Of Parking: Driveway, Off Street, On Street
  • Parking Features: Asphalt Driveway, Paved Driveway, Private

Interior Features

Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None

Exterior Features

Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade

Utilities

Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Confidential Data

Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2306 Old Welsh Road

DateEvent & SourcePriceAppreciation
May 29, 2025

Closed (Public Record)

Public Record #1905915454

$645,000—
May 29, 2025

Closed

BRIGHT #PAMC2128588

$645,000—
Apr 21, 2025

Pending

BRIGHT #PAMC2128588

—
DateEvent & SourcePrice
05/29/2025

Closed (Public Record)

Public Record #1905915454

$645,000
05/29/2025

Closed

BRIGHT #PAMC2128588

$645,000
04/21/2025

Pending

BRIGHT #PAMC2128588

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2306 Old Welsh Road

Taxable Value

Land

$50,860

Additions

$83,630
Total$134,490

Tax Record

2025

$6,782 ($565 / month)

Home Facts

Baths

3

Total Finished SqFt

2,951 SqFt

Above Grade Finished SqFt

2,951 SqFt

Stories

2

Lot Size

11,552 SqFt

Style

Triplex

Year Built

1904

Zoning

H

County

MONTGOMERY

APN

30-00-48952-00-5

Fireplace Type

Has Fireplace

Schools near 2306 Old Welsh Road

This home is within Abington School District.
Rating
School
Type
Grades
Distance
Overlook School
Public - K to 5
Abington Junior High School
Public - 6 to 8
Abington Senior High School
Public - 9 to 12
Center School
Private - 1 to 8
Rating
School
Distance
Overlook School
PublicK to 5

Abington Junior High School
Public6 to 8

Abington Senior High School
Public9 to 12

Center School
Private1 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Real Estate-Blue Bell

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.