7868 Spring Ave

Elkins Park, PA 19027

Attention Investors! Large 3 story colonial home currently zoned and set up as a Triplex, but the first floor is large enough to split into two 1 bedroom apartments to make this a Quadplex. There is a 2 car detached garage for additional rental income. Rents are below market value! The owner occupies the first floor and would stay on a month to month lease while they shop for a new home. First floor has a sun-drenched Living Room with bay window, original wood trim, pocket doors & hardwood floors. Large Dining Room also with hardwood floors. Kitchen has white cabinets, a neutral countertop and quaint eat in area. This unit has 2 Bedrooms, a hall bath and washer and dryer in unit. Second floor delivers a 2 Bedroom unit with large living room, hall bath and oversized kitchen. The kitchen has original hardwood floors, white cabinets, eat-in area and private laundry room and pantry closet. 3rd floor is a 2 Bedroom, living room, a small room for office, Hall bath and kitchen. 3rd floor unit $900 per month, 2nd floor unit is $1150 per month and 1st floor is $1100. Come live in one unit and have rental income from the others. Beautiful original woodwork, many rooms freshly painted, some refinished hardwood floors and some with carpets. Heater (2005)& roof (2014 & 2017). This home has been lovingly cared and has had great rental income. Electric is separate. Across the street from the Elkins Park Station with trains into center city, the northern suburbs and the airport. . Beautiful tree lined street, walking distance to dining and shopping. 5 minutes to Trader Joe's and Whole Foods. Enjoy abundant parks and trails in the township, the pools, the libraries, dog parks, Curtis Park with free summer concerts. Cheltenham Township is historic, green and progressive-come check it out for yourself! Rent 2 units and live in the 3rd one