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7301 CHESTNUT Elkins Park, PA 19027
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,621 sqft
Price per Sqft $115
MLS Listing ID PAMC2113226
Sold Date 11/20/24
Style Converted Dwelling
Abv Grd Liv Area 5,621
Originating Board BRIGHT
Year Built 1873
Annual Tax Amount $9,805
Tax Year 2024
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)
Parking Features Inside Access, Garage - Rear Entry
Garage Spaces 4.0
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
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Bought with Lewis Esposito • RE/MAX Preferred - Newtown Square