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$242,500

  • Sold
  • Closed
  • Triplex
  • 2,500 Sq. Ft.
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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.

Full Property Details for 1331 Ashbourne Rd

General

  • Sold For: $242,500
  • Taxes: $8,935 (2024)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2079664
  • Added to Site: 936 day(s) ago

Interior

  • Flooring: Hardwood

Parking

  • Total Spaces: 4
  • Parking Type: Driveway, Off Street

Location

  • Area: Cheltenham Twp (10631)
  • Municipality: CHELTENHAM TWP
  • County: Montgomery
  • Driving Directions: 1331 Ashbourne Read

School Information

  • School District: Cheltenham

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Stone
  • Foundation: Stone
  • Stories/Levels: 0
  • Square Feet: 2,500
  • Sq. Ft. Source: Estimated
  • Living Area: 2,500 Sq. Ft.
  • Finished Above Grnd: 2,500 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,600
  • Lot Size Source: Assessor
  • Lot Dimensions: 50.00 x 0.00
  • Zoning: MULTI

Financial Considerations

  • Price Per Sq. Ft.: $104
  • Operating Expenses: $19,271
  • Assessment Year: 2024
  • School Tax: $7,025
  • City/TownTax: $1,277
  • City/TownTax Freq: Annually
  • County Tax: $632
  • County Tax Freq: Annually
  • Tax w/Assessment: $132,140
  • Tax Amount: $8,935
  • Tax Year: 2024
  • Terms: Standard Sale
  • Owner Pays: Heat, Heater Maintenance Contract, Insurance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Landlord Pays: Heat, Heater Maintenance Contract, Insurance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Tax Total Finished Sq. Ft.: 1961

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 5

Listed and Sold by Elfant Wissahickon-Chestnut Hill, John P O'Connell

Listing agent

— 1331 Ashbourne Rd —

  • John P O'Connell

    Elfant Wissahickon-Chestnut Hill

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1331 Ashbourne Rd

School District:Cheltenham Township School District
NameGradesDistance
Myers El School
7609 Montgomery Avenue, Elkins Park, PA 19027
K-40.2 mi
Elkins Park School
8149 New 2nd Street, Elkins Park, PA 19027
5-60.7 mi
Cedarbrook Middle School
300 Longfellow Road, Wyncote, PA 19095
5-81.9 mi
Cheltenham High School
500 Rices Mill Road, Wyncote, PA 19095
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1331 Ashbourne Rd

Date
Details
Price
Change
Source
12/31/2024
Sold
$242,500
-6.73%
MLS
10/21/2024
Price Reduced
$260,000
-17.46%
MLS
7/24/2024
Price Reduced
$315,000
-9.74%
MLS
1/06/2024
Price Reduced
$349,000
-6.93%
MLS
9/07/2023
Price Reduced
$375,000
-11.76%
MLS
8/01/2023
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Elfant Wissahickon-Chestnut Hill, John P O'Connell

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1331 Ashbourne Road, Elkins Park, PA 19027 (MLS# PAMC2079664) is a Triplex property that was sold at $242,500 on December 31, 2024. Want to learn more about 1331 Ashbourne Road? Do you have questions about finding other Triplex real estate for sale in Elkins Park? You can browse all Elkins Park real estate or contact a Coldwell Banker agent to request more information.