506 Greenwood Avenue
Jenkintown, PA 19046
MLS #7071258

Multi-Family
  • 4units
  • 6beds
  • 4baths
  • 0.2acres
  • 4,242sq ft
ACTIVE $419,000
Est. P&I payment: $1600.3/mo
506 Greenwood Avenue, Jenkintown, PA 19046
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Description for 506 Greenwood Avenue, Jenkintown, PA 19046
Before the stock market drops significantly, Have your investments in brick & mortar! Take tax benefits of local stable real estate. Purchase a fully rented "Quad-plex" located in desirable Jenkintown Boro, now being offered for sale!Same owner for the last 12 profitable years!!This older rental property possesses enormous uncommon charm of yesteryear! Drive by outside and see this well maintained cash cow. It is located in the Jenkintown School District which is very sought-after and competitive, plus very close to the school grounds themselves. The property is located at 505-507 Greenwood Avenue, Jenkintown, PA 19046. Off-street parking in the Boro is extremely RARE. Attracting reliable tenants has never been a concern, tenants come and stay long term. Your tenants will love the private parking for 6 cars off-street in the rear of property. Don't miss this stable and profitable real estate investment while interest rates are at the lowest levels. Rear of property features a large deck for upstairs, 2-one bedroom units. Downstairs has 2-two bedroom units, each with their own W/D. Each unit has their own front and rear doors. All units have separate electric panels and separate thermostats for clean and affordable gas heat. Each of the 4 units has their own hot water heater. Yearly gross rent: $44,,640 Taxes $8,208,-- Owner needs at least 24 hours notice to show inside of units. Call or email today for an appointment. Owners are PA licensed real estate holders. Today's Attractive Loan rates will not be around too long--lock in soon!
MLS #7071258
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My Notes for MLS #7071258

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: Quadplex
  • Entrance: Foyer,​PrivateEntr,​CommonEntr
  • Floor: Wood,​Fully Carpeted,​Tile/Brick
  • Gross Square Feet: 4,242
  • Land Square Feet: 8,901
  • Total Units: 4
  • Unit 1 Lease End: 60 DAY
  • Unit 2 Lease End: DEC 2018
  • Unit 3 Lease End: 60 DAY
  • Unit 4 Lease End: NOV 2018
  • Property Age: 99
  • County: MONTGOMERY
  • Subdivision: JENKINTOWN

Exterior Features

  • Water Front: N
  • Exterior: Vinyl Siding,​Stucco
  • Exterior Features: Sidewalks,​StreetLights
  • Foundation: StoneFound
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: 5-7CarParkng,​Drvwy/Off Str,​ParkingLot,​Private

Interior Features

  • Basement: Y
  • Basement Type: Full,​OE/WkOutBsmt
  • Interior Features: Replacement Windows
  • Two Bedroom Unit Count: 2
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Baths Full Unit 3: 1
  • Beds Unit 3: 2
  • Beds Unit 4: 2
  • Baths Full Unit 4: 1

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 850
  • Unit 2 Monthly Rent: 900
  • Unit 3 Monthly Rent: 975
  • Unit 4 Monthly Rent: 995
  • Tax Year: 2017
  • Total Assessment: 158,140
  • Total Taxes: 8,208

School Features

  • Elementary School: JENKINTOWN
  • High School: JENKINTOWN
  • Middle School: JENKINTOWN
  • School District: Jenkintown

Miscellaneous Features

  • New Construction: N
  • Storage: Basement
  • Type: SingleBldg

Location

 
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The listing information for 506 Greenwood Avenue, Jenkintown, PA 19046 was graciously provided by our friends at the listing brokerage, RE/MAX Action Realty-Horsham

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P&I Payment $1600.3
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Last Updated 02/21/2018 at 10:03am
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