Elkins Park, PA 19027,7801 MONTGOMERY AVE
Elkins Park, PA 19027,7801 MONTGOMERY AVE
Elkins Park, PA 19027,7801 MONTGOMERY AVE
Elkins Park, PA 19027,7801 MONTGOMERY AVE
Elkins Park, PA 19027,7801 MONTGOMERY AVE
Elkins Park, PA 19027,7801 MONTGOMERY AVE
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$490,000

$485,000

1.0%
Est.Price: ?

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Est. payment /mo

9,756 Sqft Lot


SOLD DATE : 03/14/2022

Key Details

Sold Price $490,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Elkins Park

MLS Listing ID PAMC2024874

Sold Date 03/14/22

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $11,674

Tax Year 2022

Lot Size 9,756 Sqft

Acres 0.22

Lot Dimensions 53.00 x 0.00

Property Description

This is the perfect opportunity to own a terrific mixed-use property in the community of East Ekins Park district. This prominent building boasts over 5,000 square feet of space situated on a highly visible corner lot providing great exposure. The building currently houses two apartments and an expansive first floor commercial space with private rooms, bathrooms and topped off by the main area showcasing floor to ceiling French style windows. There is a private gated parking lot just behind the building. The Township of Cheltenham zoning allows for many uses including studios for dance, art, music and yoga, not to mention professional and medical offices. Maybe you would prefer the option of converting the commercial space into additional apartments? The possibilities for the property are endless. Other noteworthy details include walkable community, short walk to the Elkins Park Septa train station and bus stop, High School Park and the local businesses in the Village area. What a great opportunity for an owner-occupant or for an investor looking for an income producing property.The commercial space was formally a well-established luxury hair salon and spa and prior to that a restaurant. The second story consists of two apartments with a private entrance. The expansive three-bedroom apartment showcases spacious rooms including a large living room, formal dining room, kitchen and a private deck. The one-bedroom apartment has been updated and includes a washer/ dryer in the unit and is currently tenant occupied. The massive basement with private entrance offers an abundance of space for storage and other possible uses.

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s), Central A/C

Heat Source Natural Gas, Oil

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Roof Type Slate,Tar/Gravel,Shingle

Accessibility None

Parking Type On Street, Parking Lot

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-19207-004

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tony Crist • Coldwell Banker Realty
Bought with Stephanie Hall • Keller Williams Real Estate - Media
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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