2 unit -mixed use property on historic Yorkway place in the heart of Jenkintown, a long-term tenant on first floor - coffee shop has just moved in and a large 1-bedroom apartment on the 2nd floor in move in condition
Turnkey, 5-unit apartment (4 apartments and a 2-car garage) in a prime location of Jenkintown Borough with upside potential, where you could live in one unit while collecting rent and pay the mortgage from the other 3 units and garage!. Except for water, all units have separate heat and separate utilities. Also has coin operated laundry in the basement for extra income. This property has been well maintained over the years, and just recently had a new hot water heater, new front section of the roof, 10-year-old main roof, new powder room in one of the first-floor apartments, and all newer windows throughout. All hardwood floors throughout and original wood trim throughout. The first-floor apartments are 1-bedroom apartments, and the 2nd floor apartments are 2-bedroom apartments on two floors, and the detached garage is a large 2-bay garage. Also, off-street parking for tenants. All long-term tenants that would like to stay are paying well under market rents. Upside potential to bring rents up to current market. Located in downtown Jenkintown Borough and is walking distance to many restaurants and stores. Also, close to routes 611, 73, the PA turnpike, The Maintenance man is willing to continue maintaining the building.
Beautiful and well cared for seven (7 ) unit apartment building. Fully occupied with mostly long term tenants. Laid back-desirable quiet location. Well maintained, with all newer systems-updated separate electrical services, newer gas fired building heating boiler, newer gas fired building domestic hot water heating tank. Solid investment in an ideal suburban Jenkintown location. One block from the Jenkintown–Wyncote regional rail line train station (service to center city Philadelphia). Two blocks to Old York Road's (main street ) with the movie theater, restaurants galore, and much more shopping and cafes. Excellent and safe investment ! Building is fully occupied and 24 Hour Notice is required. Please contact agent directly for showings.
Jenkintown is located in Pennsylvania. Jenkintown, Pennsylvania has a population of 4,681. Jenkintown is more family-centric than the surrounding county with 38.31% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Jenkintown, Pennsylvania is $120,172. 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 Jenkintown is 43 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 47.5 inches per year, with 17.3 inches of snow per year.
