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305-307 Parsons Ave, Lower Merion Township, PA 19004

$489,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
305-307 Parsons Ave, Lower Merion Township, PA 19004 View this property at 305-307 Parsons Ave, Lower Merion Township, PA 19004
305-307 Parsons Ave Lower Merion Township PA 19004

Map & Location

Street View

Property Description

Investors big or small you can own all of PARSONS PLACE. Live in one unit and rent the others or rent them all. PARSONS PLACE consists of two twins - one is one unit and the other is a duplex. The duplex is fully leased. Ownership for each unit is separate so in the future you could sell each unit individually, giving you flexibility in your ownership. The left twin is the whole twin and has 3 (possible 4th) bdrms, 2 Full baths is updated & modernized w/ details & charm of older homes but modernized for today's living. Completely Renovated Kitchen w granite & SS appliances, separate LR & DR, new hardwood flrs, sun porch. Upstairs are the 3 bedrms and a possible 4th (currently being used as laundry room). The right twin is divided into a
duplex. Unit 2 is 1st floor of right twin, has 2 bdrms, 1 bath, LR, DR and eat-in and updated kitchen. Unit 3 is 2nd & 3rd floors of right twin has 2 bdrms, 1 bath, kitchen & LR. Good Cap Rate, gross rent multiplier, & cash flow. 200 amp service, all utilities are separate, each has access to own laundry. Walkable to restaurants, shopping, schools, transportation & places of worship. Great Investment - don't pass this opportunity up.

Full Property Details for 305-307 Parsons Ave

  • Sold For: $489,000
  • Taxes: $2,421 (2015)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 6542997
  • Added: 910 day(s) ago

Property History

  • 305-307 Parsons Ave, Lower Merion Township, PA
  • Sold at $489,000 on 11/19/15
  • Reduced to $589,000 on 5/28/15
  • Listed at $639,000 on 3/31/15

Interior

  • Interior Features: Ceiling Fan(s), Cable TV Available, Replacement Windows
  • Appliances: Refrigerators, Washers, Dryers

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Parking

  • Parking: 4 Car Parking

Location

  • Area: L Merion Twp
  • County: MONTGOMERY
  • Subdivision: None Available

School Information

  • Elementary School: CYNWYD
  • Middle School: BALA-CYNWD
  • High School: L MERION

Heating & Cooling

  • Heating Type: Oil, Gas, Radiator

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1862

Unit Information

Unit 1

  • Bedrooms: 3

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.29

Financial Considerations

  • Tax Amount: $2,421
  • Tax Year: 2015

Listed by BHHS Fox & Roach-Bryn Mawr
Sold by Weichert Realtors-Jenkintown

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305-307 Parsons Ave, Lower Merion Township, PA 19004 (MLS# 6542997) is a Multi-Family property that was sold at $489,000 on November 19, 2015. Want to learn more about 305-307 Parsons Ave? Do you have questions about finding other Multi-Family real estate for sale in Lower Merion Township? You can browse all Lower Merion Township real estate or contact a Coldwell Banker agent to request more information.

Listed by BHHS Fox & Roach-Bryn Mawr
Sold by Weichert Realtors-Jenkintown

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