610 Spring Ave, Elkins Park, PA 19027

$500,000
2,592
SqFt

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List Price
$500,000
Days on Market
2
Status
ACTIVE
MLS#
PAMC2200406
Living Area
2,592
Lot Size (Acres)
0.26
Style
Colonial
Year Built
1920
County
Montgomery
School District
Cheltenham

Property Description

With a generous total finished area of 2,592 square feet, this detached Colonial-style home is designed to provide both comfort and potential for lucrative returns. Nestled on a spacious 0.26-acre lot, the property boasts a picturesque garden and lawn view, creating a tranquil atmosphere that residents will cherish. The exterior features durable aluminum siding, ensuring low maintenance while enhancing curb appeal. The full, unfinished basement presents an excellent opportunity for customization, allowing investors to create additional living space or storage, further increasing the property's value. The layout is thoughtfully designed to accommodate multiple tenants, making it an ideal choice for those looking to enter the rental market or expand their existing portfolio. Each unit benefits from in-unit laundry facilities, providing convenience that tenants appreciate and seek. The property also includes ample parking with a driveway that can accommodate up to two vehicles, a feature that enhances its attractiveness to potential renters. Located in a suburban area, this property offers a peaceful retreat while still being conveniently close to essential amenities. The surrounding neighborhood is known for its community feel, making it appealing to a wide range of tenants. The absence of a pool and other high-maintenance features means lower ongoing costs, allowing for a more straightforward management experience. Investors will find that the combination of a desirable location, spacious living arrangements, and the potential for value-added improvements positions this property as a promising investment. The suburban setting not only attracts long-term tenants but also provides a stable rental income, making it a sound financial decision. Embrace the chance to invest in a property that offers both immediate returns and long-term growth potential.

Additional Information

Area
Cheltenham Twp (10631)
School District
Cheltenham
Elementary School
Wyncote
Middle School
Cedarbrook
High School
Cheltenham
View
Garden
Heating
Hot Water
Cooling
Wall Units
Roof
Shingle
Water
Public
Sewer
Public Sewer
Basement
Full, Unfinished

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Listing courtesy of Bally Gwynedd Realty. Contact: