900 Greenwood Ave - Apartments FOR SALE


Jenkintown, PA 19046
$1,590,000 USD
215-327-4709
900 Greenwood Ave, Jenkintown, PA for Sale
$1,590,000 USD
Apartments - FOR SALE
1/14
null | 11.8% Cap Rate

900 Greenwood Ave
Jenkintown, PA 19046


HIGHLIGHTS

  • AIRBNB SUPERHOST/LISTINGS CAN BE TRANSFERRED AT AN ADDITIONAL AMOUNT.

OVERVIEW

Well maintained and updated 6-UNIT corner-property in Jenkintown Borough. All 6 units are fully renovated and well appointed, separately metered & feature washer/dryers in units. There are two, 2 Bedroom, ground-floor units that each have a private entrance. There are four 1 bedroom, 1 bathroom units on the second floor. Each unit has a dedicated off street parking space in the large driveway. They are currently all utilized as short term rentals on AirBnB and are averaging a total rent of $16,000 monthly. There are also two on site detached garages that generate $300/month each. Excellent investment opportunity.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$530 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,000

CAP RATE

11.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B

APN/PARCEL ID

10-00-01180-007

ASK ABOUT THIS PROPERTY

Evan WaltonAddison Wolfe Real EstateMore Info
215-327-4709

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Evan WaltonAddison Wolfe Real EstateMore Info
215-327-4709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.