505-507 Greenwood Avenue

Jenkintown, PA 19046

$623,000
Last Sold Price
6
Beds
4
Baths
4,242 Sq. Ft.
$147 / Sq. Ft.
4,242
Sq. Ft.
$147
per Sq. Ft.

Description

Rare 4 unit property on a charming and convenient street in Jenkintown! These well kept units are fully leased and well positioned for an owner occupant looking to offset housing costs with rental income or a pure investor looking for a stable and high upside investment property in a top tier location. The spacious property sits on a huge lot with 6 parking spots out back for tenant or owner use. Two parking spots are not currently included with leases and can generate extra income. Recent updates...Rare 4 unit property on a charming and convenient street in Jenkintown! These well kept units are fully leased and well positioned for an owner occupant looking to offset housing costs with rental income or a pure investor looking for a stable and high upside investment property in a top tier location. The spacious property sits on a huge lot with 6 parking spots out back for tenant or owner use. Two parking spots are not currently included with leases and can generate extra income. Recent updates have been made to replace the back deck and improve cosmetics and functionality throughout the units. It is close to the actual school grounds and is in the highly sought-after and competitive Jenkintown School District. One block to the lovely Jenkintown Town Square District offering unique shoppes, restaurants, pubs, the Hiway Theatre and the historic Jenkintown Library. Easy access to Arcadia University, Penn State's Abington Campus, Salus University, Abington/Jefferson Hospital. Do not miss out on this unique opportunity!

Listing Agent

Property Details for 505-507 Greenwood Avenue

Tax ID Number
10-00-01308-005
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
02-21-2023
Municipality
JENKINTOWN BORO

Location

Sold By RE/MAX Hometown Realtors

Add your commute
LISTING UPDATED: 05/12/2023 04:26 PM

Property Details for 505-507 Greenwood Avenue

StatusClosed
MLS #PAMC2064020
Days on Market6
Taxes$9,523 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1870
Lot Size0.20 AC / 8,901 SF
CountyMontgomery County

Location

Sold By RE/MAX Hometown Realtors

Add your commute

Building Information for 505-507 Greenwood Avenue

Stories-Residences4Year Built1870Building Size-Lot Size0.20 AC / 8,901 SF

Payment Calculator

$4,194 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,400

Property Taxes

$794

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505-507 Greenwood Avenue

Location
Location
  • School District Name: JENKINTOWN
  • School District County ID: 300200397030
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Jenkintown Boro (10610)
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $158,140
  • Year Assessed: 2023
  • County Tax: $620
  • City Town Tax: $1,589
  • Clean Green Assessed: No
  • Land Use Code: 1140
  • Zoning: RESIDENTIAL
  • Tax Lot: 035
  • School Tax: $7,313
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 1 Parking Spot
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 1 Parking Spot, MTM converts to $1,200 on 06/13/2023.
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 1 Parking Spot
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 1 Parking Spot
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,242.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 604625
Parking
Parking
  • Type Of Parking: Other
  • Parking Features: Private
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 505-507 Greenwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 505-507 Greenwood Avenue

This home is within Jenkintown School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Private - K to 8
Private - PK to 12
Rating
School
Distance
Jenkintown El School
PublicK to 6

Jenkintown Middle/High School
Public7 to 12

Immaculate Conception School
PrivateK to 8

Abington Friends School
PrivatePK to 12

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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.