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1352 Ashbourne Road

ELKINS PARK, PA 19027

– beds
– baths
2,513 sqft
~1/2 acre lot
$190 per sqft
1875 build

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.

Listing courtesy of BRIGHT / EXP Realty, LLC

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# PAMC2102460 —

The Building

Year Built:

1875
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Vinyl Siding
Structure Type:

Detached
Architectural Style:

Colonial
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2513

Interior

Interior Features:

Carpet, Kitchen - Eat-In
Flooring Type:

Carpet, Laminated
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2513
Living Area SqFt:

2,513 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA
Possession:

0-30 Days CD

Location

Directions:

Please use GPS.
Latitude:

40.06767000
Longitude:

-75.12646000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.51
Lot Size Source:

Assessor
Lot Size Dimensions:

50.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

22,300 Sqft
Inclusions:

Washers & dryers, and kitchen appliances
Zoning:

RESIDENTIAL
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

1132
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

31-00-01162-004
Tax Year:

2022
Tax Lot:

7
Tax Annual Amount:

$9,604
Tax Assessed Value:

$145,000
Year Assessed:

2023
School Tax:

7545.0
County Tax:

614.00
City/Town Tax:

1387.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

3%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Central
Heating Fuel:

Natural Gas

Utilities

Utilities:

Cable TV
Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Dishwasher, Dryer, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer

Schools

Elementary School:

Myers
Middle School:

Cedarbrook
High School:

CHELTENHAM
School District Name:

Cheltenham
School District Source:

Listing Agent

The Community

Subdivision Name:

Elkins Park
Pool:

No Pool
Spa:

No
Association Recreation Fee:

No
Cap Rate:

6.30

Parking

Total Garage and Parking Spaces:

3
Garage:

No
Type of Parking:

Off Street, Other
Parking Features:

Private
Off Street - # of Spaces:

3

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/26/24 Apr 26, 2024	Listed / Active	BRIGHT	$479,000

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This multifamily located in Elkins Park, PA 19027 is currently for sale for $479,000. 1352 Ashbourne Road is a 2,513 square foot multifamily with – beds and – baths. 1352 Ashbourne Road is in the Elkins Park neighborhood of ELKINS PARK and has a WalkScore® of 60, making it somewhat walkable. This multifamily is in the attendance area of Myers Elementary School, Elkins Park School, Cedarbrook Middle School, and Cheltenham High School.

Listing Courtesy of: BRIGHT and EXP Realty, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.