Excellent investment opportunity to own this turn-key, fully occupied, 4- apartment unit building over a store in desirable Keswick Village. This property consists of a commercial beauty salon tenant and (4) one bedroom apartments, all with a great rental history and upward potential. The salon tenant on the main level has invested into their fit-out and is in the middle of a multi-year lease, showing their commitment to the location. The salon is well appointed and has central air and gas heat. Each apartment has received various updates under current ownership; such as kitchens, appliances, baths, flooring, and paint. The property is conveniently located in the heart of Glenside, Abington Township and in close proximity to neighboring shops, pubs, restaurants, a local market, the Keswick Theater and public transportation. The local bus route and the Glenside Train Station are just a short distance away. Apartment demand is extremely high in this desirable location and vacancies are always filled quickly. The apartments have radiator heat by a gas boiler in the basement, controlled and paid for by owner. Current ownership has replaced the roof and numerous other mechanical items such as water heaters and the boiler, greatly reducing future capital expense needs. Tenants are responsible for their individually metered electric and gas. The building has (2) large water heaters in the basement and is equipped with a hard-wired and monitored fire alarm system. There is some parking in the rear of the property and also on street parking. While the building is currently fully occupied and profitable, a new owner could increase income by approximately $100-$200 per month per residential unit ($5,000-$10,000 per year) by implementing various value-add strategies such as adding laundry, charging for reserved parking, and/or upgrading interior finishes to the next level. This is a perfect property for the first-time investor or a seasoned investor to add to their portfolio. Some photos are prior to tenant occupancy.
Prime Investment Opportunity in Desirable Glenside. Rare opportunity to own a turnkey investment in sought-after Glenside, this beautifully maintained 3-unit property offers an exceptional investment opportunity. The building features one spacious 1-bedroom unit and two 2-bedroom units, all in excellent condition with generous layouts that tenants will love. The welcoming front porch leads to a foyer with access to all 3 units. Tenants enjoy access to a full basement with shared washer and dryer facilities, adding convenience and value. Utilities (except water) are tenant-paid, ensuring low overhead for the owner. The property sits on a large lot with off-street parking for 6+ vehicles, making it ideal for tenants with cars. The majority of the exterior is gorgeous stone and doesn't require much maintenance. Net operating income after expenses totals $36,535. Recent improvements include; renovated 3rd Floor 2024, windows, bathroom, kitchen appliances and carpet. New carpet and paint for hallway from first to third floor, new roof (2019), first floor water heater (2022), new rear deck steps, front porch stairs, porch decking, columns, facia (2018). The location is unbeatableâa short walk to the train station and just minutes from shopping, dining, parks, the library, and major roadways, including the PA Turnpike. Whether you're looking to expand your portfolio or secure a steady income stream, this property combines location, functionality, and charm for a winning investment.
Discover the perfect blend of modern living and investment potential in this beautifully renovated, three-story duplex in Glenside. This property is ideal for homeowners looking to enjoy a spacious main residence while generating rental income OR for those seeking a fully rentable investment opportunity. Prime Location: Situated close to Abington Hospital, Arcadia University, Salus University, and Penn State Abington, this property offers easy access to major amenities and transportation, enhancing its overall appeal. MAIN DOWNSTAIRS UNIT (3 BR/2BA): Enter from the classic covered front porch into a bright, open-concept layout that features an inviting family room, cozy sitting areas, and Victorian-style windows, lending timeless character and charm to the potential dining space. The main floor also includes a large bedroom and a modern, updated bathroom. The kitchen boasts granite countertops, refaced cabinetry that preserves the propertyâs historic charm, and all-new appliances. Just outside the kitchen, an all-season room offers flexible space for various uses, opening to a patio and private green areaâperfect for entertaining or relaxing. The Grand staircase leads to an expansive primary suite with an elegant bathroom featuring a dual vanity, private water closet, and a tub/shower. The finished basement features a third bedroom, a versatile storage room or office space and a laundry room along with an additional entry/exit door. UPSTAIRS UNIT (2BR/1BTH): Accessed via a private side stairs. This renovated apartment features two generous size bedrooms, a fully updated bathroom, and an enlarged kitchen with new cabinetry, granite countertop, and appliances. A new in unit washer and dryer add convenience, and ample closet space, including a cedar-lined storage closet enhance functionality. This unit is an excellent income stream, whether as part of an owner-occupied setup or as an independent rental. DETACHED 2-CAR GARAGE w/ attic: The 2-car garage at the rear of the property provides additional storage and/or rental potential. Car enthusiasts or those needing extra storage. Both the main house and garage roofs were replaced in 2021. Donât miss the chance to explore this unique investment opportunity that combines stylish, modern updates with abundant rental potential. Come see it before itâs gone!
Incredible turn-key investment property! 913 E Mermaid Lane is a well maintained duplex that is fully occupied with long term Tenants. This cash flowing property in desirable Wyndmoor consists of 2 bedroom, 1 bath units currently renting for $1495 and $1500/month. The leases are currently in "Month to Month" status, allowing for the potential of an Owner Occupant to live in one unit and continue to rent out the other. Many of this property's amazing features include: Newer paint and flooring throughout, separate basements with extra storage for Tenants along with separate washer/dryers for each unit, off street parking and a peaceful backyard perfect for entertaining! 913 Mermaid Lane is within walking distance to local cafe's, stores and parks while also a quick drive away from all that Chestnut Hill has to offer and close proximity to all of Philadelphia. Located within the well regarded Springfield School District keeping this building fully occupied should never be a concern! A great property to add to your portfolio, schedule your appointment today!
Opportunity Awaits (income from both units and garage) OR owner occupy. Schedule to see - Mixed/Multi-Use Duplex (retail, office and apartment) with extra large side yard. Separate entrances: first floor has an enclosed front porch, oversized Living Rm, Eat-In-Kitchen, large Bedroom, full Bath w/tub/shower tile walls/floor, and separate sink area and Laundry Rm. The second floor features two spacious Bedrooms, a Living Rm, Eat-In-Kitchen and a Bath w/tub/shower, tile walls, and flooring. The full Basement is unfinished, exterior entrance, stone foundation walls, excellent storage areas, and separate mechanical area. Utilities are separate for each unit. The asphalt driveway takes you to the two-car detached garage w/manual entrance door and one overhead door, and parking for approximately six plus carsâlarge side lot. All conveniently located transportation, major roads, shopping, schools, and more.
Glenside is located in Pennsylvania. Glenside, Pennsylvania has a population of 7,411. Glenside is more family-centric than the surrounding county with 36.93% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Glenside, Pennsylvania is $100,061. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Glenside is 38.5 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 47.8 inches per year, with 20.3 inches of snow per year.
