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Brian Foraker

brian@forakersales.com +1(302) 420-4616

Listed by Neil Kugelman • Elfant Wissahickon-Chestnut Hill

$ 539,000

Est. payment | -/mo

2,938 SqFt

Save Virtual Tour

$ 539,000

Est. payment | -/mo

Save Virtual Tour

2,938 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,938 sqft

Price per Sqft $183

Subdivision Glenside

MLS Listing ID PAMC2172236

Style Traditional

Abv Grd Liv Area 2,938

Year Built 1920

Annual Tax Amount $9,759

Tax Year 2025

Lot Size 6,160 Sqft

Acres 0.14

Lot Dimensions 56.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Charming Stone Triplex in Heart of Glenside – High Upside Potential! The 30+ year owner, now relocated, wants to sell. This well-maintained stone triplex offers a rare "buy and hold" opportunity in one of Philadelphia's premier walkable suburbs. Easton Rd shopping, restaurants and entertainment is around the corner, and at the end of the block is Elcy's Coffee Shop at the Glenside train Station. This property on a picturesque block of 2- and 3-story pre-war homes is perfectly configured for great tenancy! There's ample street parking for company because each tenant has their own parking place behind the house. Separated utilities minimize landlord expenses, as each tenant pays their own electric and gas bills (hot water, heat & cooking). Owner pays only cold water ($3854 - 2025) & common electric ($529 - 2025). Even the basement has separate storage & laundry areas. All leases became month-to-month terms after their 1st year. Occupied since 5/2013, the 1st floor tenant ($995/month) enjoys full use of the open front porch in good weather. Inside, a large living room with a stone hearth, gas-fired fireplace greets friends & family. This bright & sunny one-bedroom apartment has some nice built-ins as well as interior access to a private section of the basement for additional storage and laundry. Access to the upper apartments is from the side porch on the driveway side of the house. Occupied since 10/2014, the 2nd floor tenant ($1095/month) has the house's only two-bedroom apartment. The 3rd floor's cozy one-bedroom apartment remains vacant, as that long-term tenant bought a neighborhood home. The owner decided to leave it vacant, so the new buyer could entertain improvements and begin leasing with their choice of good tenancy. The garage has been rented to an off-site tenant since 10/2019 ($155/month). A new front railing is scheduled for an end of May installation. The owner has done a good job of maintaining the property over the years and enjoyed the benefits of minimal turnover vs improving for higher rents. Consequently, there is significant room to make cosmetic improvements and boost rents when the opportunity presents itself. Leases, disclosures, and the iron railing order are all online. Come see if this handsome property can fulfill your real estate desires!

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning RESIDENTIAL - TRIPLEX

Rooms

Basement Interior Access, Outside Entrance, Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s), Wall Unit

Fireplaces Number 1

Inclusions All three refrigerators. These, along with the 1st & 3rd Floor window/wall AC units as well as the 2nd & 3rd Floor's washers & dryers (basement) are being conveyed in their present "as is" condition. NEW FRONT IRON RAILING scheduled for end of May installation.

Equipment Oven/Range - Gas, Refrigerator

Fireplace Y

Window Features Replacement

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 4.0

Water Access N

Roof Type Shingle

Street Surface Black Top

Accessibility None

Total Parking Spaces 4

Garage Y

Building

Lot Description Front Yard, Level, Rear Yard

Foundation Stone

Above Ground Finished SqFt 2938

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-13495-001

Ownership Fee Simple

SqFt Source 2938

Special Listing Condition Standard

Virtual Tour https://homes.seehouseat.com/2381918

NEARBY SCHOOL & BUSINESS

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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140 HARRISON AVE Glenside, PA 19038