7323 SCHOOL LN, Elkins Park, PA 19027

• 1,674 sqft

Property Description

Colonial turnkey duplex in Elkins Park, fully leased. The first-floor apartment has 2 bedrooms and 1 bath, renting for $1,200, while the second-floor unit offers 3 bedrooms and 1 bath for $1,300. Both are in excellent condition with modern kitchens and bathrooms. The property features a shared, well-sized green backyard and ample free off-street parking. An oversized two-car garage, which can rent for about $450, provides extra storage. The driveway fits two vehicles. Both units are tenant-occupied, generating a total of $2900 monthly. Tenants pay all utilities except water, which the landlord manages and equally splits, invoicing each tenant. Gas heating and very low taxes add to the property's appeal. This traditional gem has been meticulously maintained, showcasing excellent condition and timeless appeal that will attract a wide range of tenants.The potential for appreciation in value, coupled with the steady demand for rental properties in this charming neighborhood, positions this home as a smart investment for the future. Don't miss your chance to own a piece Elkins Park that not only feels like home but also offers a pathway to financial growth. This property is more than just a house; it's an opportunity waiting to be seized. ✅ Conveniently located Greenleaf at Cheltenham Mall in Wyncote features La Fitness, Chili’s, Target, Home Depot, and Wawa (9 mins). Arcadia University (15 mins). ✅ Septa Trains States: Elkins Park Train Station (6 mins), Melrose Park Train Station (4 mins) Jenkintown Train Station (10 mins) – served by four lines and just 25 minutes to Center City. ✅ Highways: Rt 309 is (15 mins) and Rt 276 (25 mins) for fast, easy access to Rt 95. ✅ Cheltenham townships feature many picturesquely designed architectures, boutique stores, parks, and several pools within a 5 to 10-minute drive from the property. Yummy Dunkin’ Donuts within a short walk 😃

Listing Status:

Active

Listing Office:

Bally Gwynedd Realty : 8002159180

Listing Agent:

Lorraine S. Miranda : 2677391258

MLS ID:

PAMC2160232

Interior

• Basement: Full
• A/C: None
• Heating: CentralForced AirNatural Gas
• Disability Feature: None

Exterior

• General: Awning(s)Exterior LightingPlay AreaSidewalksStreet LightsAbove Grade
• Style: ColonialTraditional
• Parking: FreeGravel DrivewayPrivatePublic

Construction

• General: Vinyl SidingStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: CHELTENHAM
• County: MONTGOMERY-PA

Lot

• Zoning: 1132 RES: DUPLEX31-00-24235-007
• View: Garden/Lawn
• Fencing: ChainLinkWood

Utilities

• Utilities: Natural gas available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants Personal Possessions

This listing courtesy of Lorraine S. Miranda, Bally Gwynedd Realty