Courtesy of: GIL BARZESKI, White Acre Realty, gbarzeski@gmail.com
Courtesy of: GIL BARZESKI, White Acre Realty, gbarzeski@gmail.com
$2,549,000
|
Lot: 0.50 Acres
|
|
Other
|
$2,549,000
7845 MONTGOMERY Avenue Turnkey Investment Opportunity: 7845 Montgomery Ave, Elkins Park, PA (2 buildings, 12 units total - Main Building: 10 units | Cottage House: 2 units) Adjacent parking lot in the back with veriance to build a duplex is available for sale as well. Land - MLS# PAMC2159372 - DEAL ON PURCHASING BOTH This exceptional commercial multifamily property, originally built in 1920, blends historic charm with income-producing potential. Situated in a prime Elkins Park location, it offers 12 total units across two buildings: a 10-unit main structure and a 2-unit cottage. With solid early-20th century construction and a half-acre parcel, this asset is well-positioned for long-term appreciation and strong rental demand. Investors will appreciate the absence of association fees, translating into stronger profit margins and cash flow. Highlights 12 Units Total (10 + 2 configuration) Year Built: 1920 - enduring quality and craftsmanship Lot Size: +/-0.50 acres Prime Location: Walkable to Elkins Park train station, shops, and High School Park Value-Add Potential: Modernize interiors and common spaces to maximize NOI Rare Market Opportunity: No immediate comparable competition nearby Why Invest Here? Versatility: Strategic positioning supports a variety of investment models - stable rental income, redevelopment, or portfolio diversification. Cash Flow + Appreciation: Historic bones with room for modernization, poised to increase value. Tenant Demand: Proximity to transit and community amenities ensures consistent leasing potential. Seize this rare chance to acquire a turnkey 12-unit multifamily with a bonus cottage, offering both historic significance and future growth potential in one of Montgomery County's most desirable markets.
Courtesy of: GIL BARZESKI, White Acre Realty, gbarzeski@gmail.com
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.