7934 Montgomery Avenue
7934 Montgomery Avenue
$475,000
6
3
2,776
2,776
$171
Closed 6/29/21
Description
Spacious triplex in Elkins Park is situated on nearly half an acre and loaded with modern conveniences and old-world charm! A nostalgic porch greets you before entering the vestibule with hardwood floors and a fireplace. Established as a profitable investment property (generating $4,295/mo in income) with 3 attractive, sizeable, well-maintained units, 9ft ceilings on the first and second floors, ample closet/storage space, hardwood floors throughout, and separate electric and gas utilities (landlord...Spacious triplex in Elkins Park is situated on nearly half an acre and loaded with modern conveniences and old-world charm! A nostalgic porch greets you before entering the vestibule with hardwood floors and a fireplace. Established as a profitable investment property (generating $4,295/mo in income) with 3 attractive, sizeable, well-maintained units, 9ft ceilings on the first and second floors, ample closet/storage space, hardwood floors throughout, and separate electric and gas utilities (landlord pays water; averaging $218/mo). This property even has enough land for a driveway and garage. UNIT #1 (on the 1st floor) was renovated in 2017 and features 3 bedrooms, a large renovated kitchen/open concept living room, a fully renovated bathroom with a tub and custom tile work. This unit has 9ft ceilings, new custom windows, ample closet space, hardwood floors, distinctive archways, a rear mudroom, and 2 private entrances. This unit leases for $1,750/mo and expires 7/31/2021. UNIT # 2 (on the 2nd floor) was renovated in 2018 and features 2 spacious bedrooms, a renovated kitchen, a large and sun-filled living room, and a renovated bathroom with an extra-wide shower stall. This unit also has beautiful hardwood floors and unique architectural details adding to the appeal with a curved bump-out providing extra space in the living room and an archway in one of the bedrooms. This unit leases for $1,595/mo and expires 7/31/2022. UNIT #3 (on the 3rd floor) offers a bedroom, living room, bath, and fully equipped kitchen. The living room has classic built-in shelving units and its own private balcony overlooking the town. This unit leases for $950/mo and expires 5/31/2022. 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 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 for 7934 Montgomery Avenue
Tax ID Number
31-00-19417-001
OwnershipFee Simple
HOANo
Structure TypeDetached
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date05-13-2021
Location
LISTING UPDATED: 08/25/2022 09:14 PM
Property Details for 7934 Montgomery Avenue
Status | Closed |
---|---|
MLS # | PAMC692916 |
Days on Market | 6 |
Taxes | $11,078 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1910 |
Lot Size | 0.44 AC / 19,200 SF |
County | Montgomery County |
Location
Building Information for 7934 Montgomery Avenue
Stories-Residences3Year Built1910Building Size-Lot Size0.44 AC / 19,200 SF
Payment Calculator
$3,515 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7934 Montgomery Avenue
Property History for 7934 Montgomery Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7934 Montgomery Avenue
Taxable ValueLand$76,670Additions$98,830Total$175,500
Tax Record2023$11,720 ($977 / month)
Home Facts
Baths3Total Finished SqFt2,776 SqFtAbove Grade Finished SqFt2,776 SqFtStories2Lot Size19,200 SqFtStyleTriplexYear Built1910ZoningR5CountyMONTGOMERYAPN31-00-19417-00-1Fireplace TypeHas Fireplace
Schools near 7934 Montgomery Avenue
This home is within Cheltenham Township School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Myers El School PublicK to 4 | ||
Elkins Park School Public5 to 6 | ||
Cedarbrook Middle School Public7 to 8 | ||
Cheltenham High School Public9 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.
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