270 N Keswick Avenue, Glenside, PA 19038 - Photo 1

1/1

$945,000

Sold
Closed
Multi-Family

1/1

Property Description

Excellent investment opportunity to own this turn-key, fully occupied, 4- apartment unit building over a store in desirable Keswick Village. This property consists of a commercial beauty salon tenant and (4) one bedroom apartments, all with a great rental history and upward potential. The salon tenant on the main level has invested into their fit-out and is in the middle of a multi-year lease, showing their commitment to the location. The salon is well appointed and has central air and gas heat. Each apartment has received various updates under current ownership; such as kitchens, appliances, baths, flooring, and paint. The property is conveniently located in the heart of Glenside, Abington Township and in close proximity to neighboring shops, pubs, restaurants, a local market, the Keswick Theater and public transportation. The local bus route and the Glenside Train Station are just a short distance away. Apartment demand is extremely high in this desirable location and vacancies are always filled quickly. The apartments have radiator heat by a gas boiler in the basement, controlled and paid for by owner. Current ownership has replaced the roof and numerous other mechanical items such as water heaters and the boiler, greatly reducing future capital expense needs. Tenants are responsible for their individually metered electric and gas. The building has (2) large water heaters in the basement and is equipped with a hard-wired and monitored fire alarm system. There is some parking in the rear of the property and also on street parking. While the building is currently fully occupied and profitable, a new owner could increase income by approximately $100-$200 per month per residential unit ($5,000-$10,000 per year) by implementing various value-add strategies such as adding laundry, charging for reserved parking, and/or upgrading interior finishes to the next level. This is a perfect property for the first-time investor or a seasoned investor to add to their portfolio. Some photos are prior to tenant occupancy.

Full Property Details

Full Property Details for 270 N Keswick Ave

General

Sold For: $945,000
Taxes: $7,040 (2023)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PAMC2122778
Added to Site: 535 day(s) ago

Additional Information

Security/Safety: Fire Detection System

Exterior

Exterior Features: Fire Escape
Porch/Patio/Deck: Brick

Parking

Parking Features: Private
Parking Type: Other

Location

Area: Abington Twp (10630)
Municipality: ABINGTON TWP
County: Montgomery
Development Name: Glenside
Subdivision: Glenside
Cross Streets: Easton
Driving Directions: South on Easton Road, Turn right on Keswick Avenue and property is on the right.
Location Details: Suburban

School Information

School District: Abington
Middle School: Abington Junior High School
High School: Abington

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Electric Available, Natural Gas Available

Structural Information

Architectural Info: Other
Architectural Style: Other
Structure Type: Over Storefront
Construction: Brick, Masonry, Vinyl Siding
Basement: Yes
Basement Entrance: Yes
Basement Desc.: Outside Entrance, Unfinished
Roof: Flat
Stories/Levels: 0
Square Feet: 3,750
Sq. Ft. Source: Estimated
Living Area: 3,750 Sq. Ft.
Finished Above Grnd: 3,750 Sq. Ft.
Year Built: 1935
Year Built Source: Estimated
Property Condition: Very Good

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
1 Bedroom Units: 4

Unit 1

Unit Description: Unit 1

Unit 2

Unit Description: Unit 2
Bedrooms: 1

Unit 3

Unit Description: Unit 3
Bedrooms: 1

Unit 4

Unit Description: Unit 4
Bedrooms: 1

Unit 5

Unit Description: Unit 5
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,717
Lot Size Source: Estimated
Lot Dimensions: 18.00 x 0.00
Zoning: MSVC MAIN STREET VILLAGE

Financial Considerations

Price Per Sq. Ft.: $260
Operating Expenses: $19,788
School Tax: $5,462
City/TownTax: $872
City/TownTax Freq: Annually
County Tax: $705
County Tax Freq: Annually
Tax w/Assessment: $147,350
Tax Amount: $7,040
Tax Year: 2023
Terms: Standard Sale
Owner Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Sewer, Snow Removal, Trash Collection, Taxes - Real Estate, Water
Landlord Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Sewer, Snow Removal, Trash Collection, Taxes - Real Estate, Water

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 29

Listed by Quinn & Wilson, Inc., Robert F Felte Jr. and Quinn & Wilson, Inc., Elizabeth Alexander
Sold by Quinn & Wilson, Inc., Elizabeth Alexander

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Listing agents

— 270 N Keswick Ave —

Robert F Felte Jr.

Quinn & Wilson, Inc.
Elizabeth Alexander

Quinn & Wilson, Inc.

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Schools

Schools serving 270 N Keswick Ave

School District:Abington School District

Name	Grades	Distance
Copper Beech School 825 North Easton Road, Glenside, PA 19038	K-6	0.8 mi
Abington Junior High School 2056 Susquehanna St, Abington, PA 19001	7-9	1.2 mi
Abington Senior High School 900 Highland Avenue, Abington, PA 19001	10-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 270 N Keswick Ave

Date

Details

Price

Change

Source

1/21/2025

Sold

$945,000

-3.08%

MLS

11/25/2024

Listed

$975,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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270 N Keswick Avenue, Glenside, PA 19038 (MLS# PAMC2122778) is a Multi-Family property that was sold at $945,000 on January 21, 2025. Want to learn more about 270 N Keswick Avenue? Do you have questions about finding other Multi-Family real estate for sale in Glenside? You can browse all Glenside real estate or contact a Coldwell Banker agent to request more information.

270 N Keswick Ave Glenside, PA 19038

Full Property Details for 270 N Keswick Ave

General

Additional Information

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Lot Features

Financial Considerations

Disclosures and Reports

Listing agents

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 270 N Keswick Ave

Price & Sales History for 270 N Keswick Ave

Just Listed near 270 N Keswick Ave

61 Old Cedarbrook Rd Wyncote, PA 19095

1517 Thornberry Rd Wyncote, PA 19095

418 Randall Rd Wyncote, PA 19095

309 Highland Ave Jenkintown, PA 19046

Price Reduced near 270 N Keswick Ave

251 Washington Ln Jenkintown, PA 19046

2972 Madison Ave Abington, PA 19001

1755 Rockwell Rd Abington, PA 19001

2134 Benezet Rd Abington, PA 19001