317 Harrison Ave, ELKINS PARK, PA 19027 (MLS # PAMC2132792)

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View Virtual Tour Price $1,250,000 Status Active Beds 9 Baths 0 Bath Home size 8,100 sqft Lot Size 42,689 sqft Days on Market 4

Own a Piece of History While Earning a Steady Return! A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station"”an ideal setup for long-term financial success. Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafés, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters. Property Features: 1) Six Oversized Units - Spacious layouts, some units nearly 2,000 sq. ft. 2) Consistent Rental Income - Generates $110K annually, with long-term tenants who renew leases 3) Historic Charm & Modern Updates - Hardwood flooring, large windows, and well-maintained interiors 4) Outdoor Amenities - Tenant gardens, a firepit area, and extra storage lockers 5) Convenience - Off-street parking and on-site laundry facilities 6) Commuter's Dream - Less than 2 blocks from Elkins Park train station with easy access to Philadelphia 7) Strong Community Appeal - Walkable neighborhood with grocery stores, restaurants, and parks nearby A Sound Investment in a Thriving Location Elkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment. Don't miss out on this exceptional income-producing property in one of Montgomery County's most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.

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Data last updated: 4/1/25 10:35 PM PDT

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