Elkins Park, PA 19027,8116 OLD YORK RD
Elkins Park, PA 19027,8116 OLD YORK RD
Elkins Park, PA 19027,8116 OLD YORK RD
Elkins Park, PA 19027,8116 OLD YORK RD
Elkins Park, PA 19027,8116 OLD YORK RD
Elkins Park, PA 19027,8116 OLD YORK RD
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$600,000

$669,000

10.3%
Est.Price: ?

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Est. payment /mo

7,000 SqFt


SOLD DATE : 03/21/2022

Key Details

Sold Price $600,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $85

Subdivision Elkins Park

MLS Listing ID PAMC696566

Sold Date 03/21/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $22,418

Tax Year 2021

Lot Size 10,318 Sqft

Acres 0.24

Lot Dimensions x 0.00

Property Description

excellent opportunity to own a retail/office building in the heart of Elkins Park's busy business district. The 2700sf first floor is currently leased for $3,300. and the 2nd floor is the lease for $2,000 on the unit and other units owner-occupied. This building with possibly over $7000 per month of cash flow assuming 3rd unit leased out. The 4000sf 2nd floor is currently occupied by Paragon Homer Care Inc. and owner-occupied Architect office with elevator and 2 separate stairs to the street level. All newly rehabbed each with multiple private offices, reception, and bathrooms. The is parking in the rear of the building, a driveway, parking at the office building behind, meter parking on the side of the building, and a public parking lot across the park. We have a lease agreement with the office building next door for 25 spaces on Friday and the weekend. This is can be any retail, restaurant, multiple offices, daycare, etc. All units can be shown from 9-4 pm. Welcome to schedule your showing.

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning C3

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Carpet, Hardwood

Heat Source Electric

Exterior

Garage Spaces 41.0

Waterfront N

Water Access N

Accessibility 36\"+ wide Halls, Elevator

Parking Type Parking Lot, On Street

Total Parking Spaces 41

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-30071-003

Ownership Fee Simple

SqFt Source Assessor

Security Features Security System,Surveillance Sys

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Paul P Cheng • Keller Williams Realty - Cherry Hill
Bought with Nelson Sinanaj • RE/MAX Affiliates
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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