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Description |
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Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well Yearly expenses as follows: $17,712 Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726. Yearly rental Income: $31,860 Yearly expenses : $17,712 net operating income-$14,148.00 Apt B - lower level apartment $735 (not legally zoned) Floor 1 - 1st floor rear $895 Floor 2 - 2nd floor $1,025 call for appointments-24 hour notice.
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Location |
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Details |
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Architectural Type - Traditional
Flooring - Hardwood
Basement - Stone
Exterior Features - Stone
Heating - Hot Water, Oil
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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