1352 Ashbourne Road Elkins Park, PA 19027
Welcome to 1352 Ashbourne Rd, Elkins Park, PA 19027 – where investment dreams come true! This stunning single-detached passive income-producing duplex is a gem waiting for savvy investors like you to seize the opportunity. With a total of 2, 513 sq ft, this property boasts two fantastic units primed for profit. Unit A on the first floor features 2 bedrooms, 1.5 baths, and a massive kitchen with sleek stainless steel appliances. Plus, with central air and parking, it’s the epitome of comfort and convenience. And let’s talk location—just a quick 7-minute stroll to Elkins Park station and a 3-minute walk to Myers Elementary School, making city access and dropping the kids off at school a breeze! The vibrant Cheltenham Co-op Market and Jenkintown Markets are also only minutes away. Unit B, the top-floor haven, offers 4 bedrooms, 1 bath, and a vast kitchen with stainless steel appliances. In-unit laundry and parking add to the allure. But wait, there’s more! Nestled on a sprawling 0.51-acre lot, the backyard is a canvas for creativity. Subdivide for neighborly extensions (subject to Cheltenham Township approval), set up storage units, or unleash your entrepreneurial spirit with a machine shop – endless possibilities! Want to take things a step further? Ask me about a potential development opportunity. Whether you’re a rent-hacking aficionado or a seasoned investor aiming to rake in about an extra $49k annually, this property delivers. With a cap rate of 6.3%, it’s a golden ticket to financial success and opportunity. Don’t miss out. Call us to schedule your showing today.
- Property TypeMulti-Family
- NeighborhoodElkins Park
- CountyMontgomery
- Taxes$9,604
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID NumberPAMC2102460
- Home Size Source Assessor
- Year Built1875
- Lot Size0.51 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Colonial
- Construction Vinyl Siding
- Parking PrivateOff StreetOther
- Sewer Public Sewer
- Acreage 0.51
- Water Public
- Property Sub Type Duplex
- Attached Garage No
- Foundation Concrete Perimeter
- Zoning RESIDENTIAL
Interior Features
- Cooling Central A/ CElectric
- Heating CentralNatural Gas
- Appliances DishwasherDryerDisposalOven/ Range - GasRefrigeratorStainless Steel AppliancesWasher
- Flooring CarpetLaminated
- Interior Kitchen - Eat-In
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area Cheltenham Twp (10631)