Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well. Yearly expenses as follows: $17,712 Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726. Yearly rental Income: $31,860 Yearly expenses : $17,712 net operating income-$14,148.00 Apt B - lower level apartment $735 (not legally zoned) Floor 1 - 1st floor rear $895 Floor 2 - 2nd floor $1,025 call for appointments-24 hour notice.
Sold for $242,500
$242,500
1331 Ashbourne Rd, Elkins Park, PA 19027
5beds
--baths
2,500sqft
Triplex
Built in 1900
-- sqft lot
$406,200 Zestimate®
$97/sqft
$2,560 Estimated rent
Home value
$406,200
$353,000 - $463,000
$2,560/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 03, 2025 at 06:41am
Listed by:
John O'Connell 267-312-1925,
Elfant Wissahickon-Chestnut Hill
Bought with:
John O'Connell, RS195632L
Elfant Wissahickon-Chestnut Hill
Source: Bright MLS,MLS#: PAMC2079664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 10,600 sqft
- Dimensions: 50.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 310000742001
- Zoning: MULTI
- Zoning description: multi family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Stone
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Elkins Park
- Municipality: CHELTENHAM TWP
HOA & financial
Other financial information
- Total actual rent: 37740
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $242,500-6.7%$97/sqft |
Source:  Bright MLS #PAMC2079664 Report a problem | ||
| 11/3/2024 | Pending sale | $260,000$104/sqft |
Source: Bright MLS #PAMC2079664 Report a problem | ||
| 10/21/2024 | Price change | $260,000-17.5%$104/sqft |
Source: Bright MLS #PAMC2079664 Report a problem | ||
| 7/24/2024 | Price change | $315,000-9.7%$126/sqft |
Source: Bright MLS #PAMC2079664 Report a problem | ||
| 1/6/2024 | Price change | $349,000-6.9%$140/sqft |
Source: Bright MLS #PAMC2079664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,987 +2.7% | $132,140 |
| 2024 | $8,754 | $132,140 |
| 2023 | $8,754 +2.1% | $132,140 |
Find assessor info on the county website
Neighborhood: 19027
Nearby schools
GreatSchools rating
- 6/10Myers El SchoolGrades: K-4Distance: 0.2 mi
- 5/10Cedarbrook Middle SchoolGrades: 7-8Distance: 1.9 mi
- 5/10Cheltenham High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Cheltenham
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$406,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$406,200
- Pennsylvania
- Montgomery County
- Elkins Park
- 19027
- 1331 Ashbourne Rd