Comments for 7323 SCHOOL LANE, Elkins Park, PA 19027
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 😃
Accessibility: Above Grade
Lot Size: 0.24 Acres
Basement: Full
Number of Rooms: 7
Basement: Yes
Parking Notes: Free, Gravel Driveway, Private, Public
Cooling: None
Sewer: Public Sewer
Days on Market: 48
Special View Info: Garden/Lawn
Exterior: Vinyl Siding
Studio Efficiency Units: 5
Exterior: Awning(s), Exterior Lighting, Play Area, Sidewalks, Street Lights
Taxes: $4,753
Fencing Description: Chain Link, Wood
Three Bedroom Units: 1
Fuel Type: Natural Gas
Two Bedroom Units: 2
Garage: 2
Units: 2
Heating: Central, Forced Air
Utilities: Natural Gas Available
Lot Description: Landscaping, Private, Rear Yard, SideYard(s)
Water: Public
Lot Dimensions: 0.24 Acre(S)
Year Built: 1920
Lot Features: Landscaping, Private, Rear Yard, SideYard(s)
School District: CHELTENHAM