7301 CHESTNUT, Elkins Park, PA 19027 – PAMC2113226

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Christina Swain

christina@realtorinred.com +1(267) 397-6291

$ 650,000

Est. payment -/mo

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Under Contract

7301 CHESTNUT Elkins Park, PA 19027

5,621 SqFt

UPDATED:

11/20/2024 08:37 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,621 sqft

Price per Sqft $115

MLS Listing ID PAMC2113226

Style Converted Dwelling

Abv Grd Liv Area 5,621

Originating Board BRIGHT

Year Built 1873

Annual Tax Amount $9,805

Tax Year 2024

Buyer Agency Compensation 2.5

Lot Size 0.273 Acres

Acres 0.27

Lot Dimensions 120.00 x 100

Property Description

Opportunity is knocking! HUGE Triplex Situated on an oversized lot in Elkins Park located just .3 miles from the Melrose Park Train Station. It is the perfect mix of modern conveniences and old world charm. The owner has occupied the first floor and rented the other units. As you walk up to the home you are greeted by a wrap around screened in porch on the first floor which leads you into the foyer of the home. The 1st floor unit is spacious with 1731 sq feet. There are 3 GOOD sized bedrooms and 2 bathrooms. Included in that is an owners suite. The living room features an electric fireplace that is ideal on the cold winter nights. The kitchen has been remodeled with SS appliances, newer cabinets, granite counters, bar seating, and tile backsplash. For all your storage needs there is a walk out basement with laundry, and utilities. As an added bonus, there is also solar panels that are owned with 12 years left on their warranty. They are connected to the first floor unit. Excess energy made is expressed as a credit in their PECO bill.
Leading up to the 2nd and 3rd unit you are greeted by a covered porch which has been shared by the tenants.
The 2nd Floor offers 1228 sq feet with 2 bedrooms and 1 bath. Newer Ark Fault electric has been installed, washer and dryer, as well as replacement windows.
The third floor offers 717 sq ft with 1 Bedroom and 1 bath.
Also there are two garages on the property which could also be rented out. There is a 3 car garage and a 2 car garage. There is no shortage of storage here!
Utilities: each unit is billed separately for gas & electric. Water & Sewer is one bill for all units.

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning RESIDENTIAL

Rooms

Basement Interior Access, Outside Entrance, Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water, Radiant, Wall Unit

Cooling Window Unit(s)

Fireplace N

Heat Source Solar

Exterior

Exterior Feature Porch(es), Patio(s)

Garage Inside Access, Garage - Rear Entry

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility None

Porch Porch(es), Patio(s)

Total Parking Spaces 4

Garage Y

Building

Lot Description Corner

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-06049-004

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Christina Swain • Opus Elite Real Estate

Christina Swain

Broker Associate | KELWLMLAB068881

+1(267) 397-6291

Christina Swain

7301 CHESTNUT Elkins Park, PA 19027

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7301 CHESTNUT