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Photo of 121 Central Avenue, Cheltenham PA
121 Central Avenue
Cheltenham, PA 19012
# of Units
3
1 Bdrm Units
2
3 Bdrm Units
1
Acres
0.08
Interior SqFt
2,731
Age
125
Heating
Natural Gas
Cooling
N/A
Water
Public
Sewer
Public
Garages
1
Taxes (2025)
8,938
Additional Details Below

Description

Investment Opportunity with Owner-Occupant Potential in Cheltenham Township Welcome to this fantastic multi-family property in the desirable Cheltenham School District. This recently updated triplex offers both versatility and opportunity—perfect for an owner-occupant or an investor looking to generate steady rental income. Each unit is filled with natural light and features a functional layout, generously sized bedrooms, and access to ample storage in the basement and/or garage. The property also includes on-site laundry facilities, making it convenient and attractive to tenants. Currently, the first-floor rear unit is leased, while the other two units are in the process of being updated and will soon be ready to lease—providing immediate income with additional upside potential. Set on a tree-lined street, the property features off-street parking, detached oversized garage and outdoor backyard space for tenants to enjoy. Its prime location offers easy access to schools, parks, shopping, dining, and major commuter routes into Center City Philadelphia and the surrounding suburbs. RECENT UPDATES: Interior Painting, Roof Repaired, Third Floor Remodeled, New Carpets Second/Third Floor, Laundry On-Site, New Kitchen Cabinets and Countertops in 2 Units, New Refrigerators in 2 Units Whether you’re looking to add to your investment portfolio or take advantage of the option to live in one unit while renting out the others, 121 Central Avenue is a rare and versatile find in Cheltenham Township. ? Don’t miss out on this income-producing opportunity—schedule your showing today!

Location

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Listing Details

Summary
Architectural Type

Traditional

Garage(s)

Oversized

Interior Features
Flooring

Carpet, Luxury Vinyl Plank, Hardwood

Basement

Outside Entrance, Unfinished, Stone

Appliances

Refrigerator, Oven/Range - Gas, Stainless Steel Appliances, Washer, Dryer

Exterior Features
Exterior Features

Brick

Utilities
Heating

Radiator, Natural Gas

Hot Water

Multi-tank

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Triplex
Lattitude : 40.063760
Longitude : -75.091690
MLS# : PAMC2153912
Views : 306
Listing Courtesy: Leslie DiMartile of Coldwell Banker Realty

Notes

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