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505-507 Greenwood Avenue

JENKINTOWN, PA 19046
  • $670,000
  • STATUS: Active
  • ON SITE: 145 Days
  • ID#: PAMC2031804
UPDATED: 67 min ago
$670,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,242
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1870
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Rarely offered 4-unit apartment building in Jenkintown Borough. Welcome to 505-507 Greenwood Avenue, an incredible quadruplex in the heart of Jenkintown Borough...a wonderful and unique opportunity! This well-maintained property has FOUR units...there are 2 one-bedroom units (both upstairs) AND 2 two-bedroom units (both downstairs with their own washers/dryers). One option is to collect rent for all four apartments each month; however, another option...you could live in one apartment and collect monthly rent for the other three units. Either way...a terrific investment. Each unit has their own separate electric panel & meters, their own thermostat to regulate their gas heat, and their own hot water heater. Historically, it is super easy to attract reliable tenants due to the close proximity to the schools and the public transportation, as well as, the private off-street parking lot in the rear of the property. The property includes a large 6+ car paved parking area for tenants as well as on street parking. Historically, due to the location, there are always multiple tenants wanting to rent these apartments. Leases provided upon request. Note: Some of the current rents are below current market value. Located a couple of short blocks from the award-winning Jenkintown School District (K-12); the very desirable Jenkintown Train Station; the fabulous Jenkintown Shopping District which boasts exquisite shoppes, exceptional restaurants/pubs, along with the Hiway Movie Theater, and the historic Jenkintown Library. Jenkintown Borough is a very convenient and well-loved community which is very accessible to Route 611, Route 309, the PA Turnpike, Center City Philadelphia, and numerous universities, workplaces, and hospitals. Make an appointment and enjoy your visit!

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©2022 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. 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. Data last updated: 2022-08-18T18:01:35.72.
www.johnkrizateam.com/homes/127087235
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505-507 Greenwood Avenue JENKINTOWN, PA 19046

  • Price: $670,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 67 min ago
  • ID#: PAMC2031804
0
Beds
0
Baths
0
½ Baths
0.2
Acres
4,242
SQFT
$158
$/SQFT
1870
Built
Neighborhood:
Jenkintown
County:
Montgomery
Area:
Jenkintown Boro (10610)
Elementary School:
Jenkintown
Middle School:
Jenkintown Middle School
High School:
Jenkintown
School District:
Jenkintown
Property Description
Rarely offered 4-unit apartment building in Jenkintown Borough. Welcome to 505-507 Greenwood Avenue, an incredible quadruplex in the heart of Jenkintown Borough...a wonderful and unique opportunity! This well-maintained property has FOUR units...there are 2 one-bedroom units (both upstairs) AND 2 two-bedroom units (both downstairs with their own washers/dryers). One option is to collect rent for all four apartments each month; however, another option...you could live in one apartment and collect monthly rent for the other three units. Either way...a terrific investment. Each unit has their own separate electric panel & meters, their own thermostat to regulate their gas heat, and their own hot water heater. Historically, it is super easy to attract reliable tenants due to the close proximity to the schools and the public transportation, as well as, the private off-street parking lot in the rear of the property. The property includes a large 6+ car paved parking area for tenants as well as on street parking. Historically, due to the location, there are always multiple tenants wanting to rent these apartments. Leases provided upon request. Note: Some of the current rents are below current market value. Located a couple of short blocks from the award-winning Jenkintown School District (K-12); the very desirable Jenkintown Train Station; the fabulous Jenkintown Shopping District which boasts exquisite shoppes, exceptional restaurants/pubs, along with the Hiway Movie Theater, and the historic Jenkintown Library. Jenkintown Borough is a very convenient and well-loved community which is very accessible to Route 611, Route 309, the PA Turnpike, Center City Philadelphia, and numerous universities, workplaces, and hospitals. Make an appointment and enjoy your visit!
Exterior Features

Architectural Style Traditional Construction Materials StuccoVinyl SidingStone Exterior Features Exterior LightingSidewalksStreet Lights Garage YN No Lot Features PrivateRear Yard Other Structures Above GradeBelow Grade Parking Features Private Parking Types Parking LotOff Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4242 Appliances Built-In RangeDryerEnergy Efficient AppliancesMicrowaveRefrigeratorWasherBuilt-In MicrowaveOven/Range - ElectricOven/Range - GasStainless Steel AppliancesWasher/Dryer Stacked Basement FullOutside Entrance Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileWood Heating Hot Water Heating YN Yes Inclusions Apt.#505A: Washer & Dryer2 A/C'sRefrigeratorMicrowave. Apt.#505B: RefrigeratorMicrowave. Apt.#507A: Washer & DryerRefrigerator. Apt.#507B: 2 A/C'sRefrigeratorMicrowave. All Appliances in "As-Is" Condition. Interior Features Ceiling Fan(S)Kitchen - Eat-InAdditional StairwayEntry Level BedroomKitchen - Table SpacePantryTub ShowerWindow TreatmentsWood FloorsOther Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing Negotiable Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Cross Street Walnut Street Electric Circuit Breakers Existing Lease Type Month To MonthYearly Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural GasElectric Municipality Jenkintown Boro Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 801417750018 Ownership Interest Fee Simple Possession NegotiableImmediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 9119.00 Tax Assessment Amount 158140.00 Tax Lot 035 Transportation Commuter Rail Station Less Than 1 MileBus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Window Features Double Hung Zoning Residential

Listing courtesy of Bhhs Fox & Roach-Jenkintown: .


©2022 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or John Kriza Real Estate Team | Beiler-Campbell Realtors. 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. Data last updated: 2022-08-18T18:01:35.72.
 
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