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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$579,999
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5,664 SqFt
Price Dropped by $10K

7801 MONTGOMERY AVE Elkins Park, PA 19027

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UPDATED:

11/16/2024 01:21 AM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,664 sqft

Price per Sqft $102

MLS Listing ID PAMC2119526

Style Other

Abv Grd Liv Area 5,664

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $12,163

Tax Year 2024

Lot Size 9,756 Sqft

Acres 0.22

Lot Dimensions 53.00 x 0.00

Property Description

An expansive commercial unit on the 1st floor and two apartments on the 2nd floor. The commercial space was once home to a renowned hair salon but is now ready for its new owners and endless possibilities. With the building located steps away from the Elkins Park train station and the abundance of street parking, your business will allow customers and employees to come and go with ease.
The first floor is currently one large open floor plan with a single wall to create a separation, 4 smaller rooms, a utility area, laundry room, and 2.5 bathrooms. Floor plans are available. You can also access the basement from 2 different points. And with its 9?8ft ceilings and three magnificent floor to ceiling windows, this is anything but an average commercial space. The zoning on this property allows for it to be used as a Bank or Financial Institution, Bed and Breakfast, Personal Care Business, Professional Service Business, Restaurant, Retail Shop, Studios for Dance, Art, Music, Photography, Yoga, or similar, Medical Office.

For convenience there is a separate entrance to the apartments on the 2nd floor. Upstairs is a 1 bedroom 1 bathroom apartment (tenant currently pays $950/mo on a month to month lease - tenant would like to stay) and a 3 bedroom 1 bathroom apartment (recently had rented out at $2,000/mo - currently vacant). One bedroom tenant pays for gas/electric. Owner pays water.

Both apartments are equipped with new forced air heating (gas) and cooling (2023). The 3 Bedroom unit was renovated in 2023 with new flooring, new kitchen, and a new back deck. All new HVAC ductwork in the commercial space (2024). Most of the roof was re-done in 2022. There are 4 parking spots in the rear of the building. The commercial unit has 3 parking spots and the one bedroom unit has 1 parking spot

Location

State PA

County Montgomery

Area Cheltenham Twp (10631)

Zoning COMMERCIAL MIXED USE

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions Appliances

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cheltenham

Others

Tax ID 31-00-19207-004

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Emily Terpak • Compass RE

DeAndrea DeeDee Jones

Broker Associate | License ID: 0225077056

+1(703) 596-5884

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