FOR SALE
7801 Montgomery Ave
Elkins Park, PA 19027
4 Beds
5,664 sqft
- 4 Beds
- 5,664 sqft
4 Beds
5,664 sqft
Local Information
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Commute Destination
Description
Mixed-use space at a 6.1% cap rate with an expansive commercial unit on the 1st floor and two fully-occupied apartments on the 2nd floor. The commercial space was once home to a renowned hair salon but is now ready for its new owners and endless possibilities. With the building located steps away from the Elkins Park train station and the abundance of street parking, your business will allow customers and employees to come and go with ease. The first floor is currently one large open floor plan with a single wall to create a separation, 4 smaller rooms, a utility area, laundry room, and 2.5 bathrooms. Floor plans are available. You can also access the basement from 2 different points. And with its 9’8ft ceilings and three magnificent floor to ceiling windows, this is anything but an average commercial space. The zoning on this property allows for it to be used as a Bank or Financial Institution, Bed and Breakfast, Personal Care Business, Professional Service Business, Restaurant, Retail Shop, Studios for Dance, Art, Music, Photography, Yoga, or similar, Medical Office. For convenience there is a separate entrance to the apartments on the 2nd floor. Upstairs is a 1 bedroom 1 bathroom apartment ($950/mo) and a 3 bedroom 1 bathroom apartment ($2,000/mo). Tenants pay for gas/electric. Owner pays water. And both tenants are currently on a month to month lease but would like to stay and are happy to sign a one-year lease with the new owners. Both apartments are equipped with new forced air heating (gas) and cooling (2023). The 3 Bedroom unit was renovated in 2023 with new flooring, new kitchen, and a new back deck. All new HVAC ductwork in the commercial space (2024). Roof was re-done in 2022. There are 4 parking spots in the rear of the building. The commercial unit has 2 parking spots and each apartment comes with 1 parking spot.
Home Highlights
Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$115
Listed
24 days ago
Home Details for 7801 Montgomery Ave
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 4 |
Dimensions and Layout Living Area: 5664 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Accessibility: None |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Block |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 4Parking: Parking Lot |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 24 |
Property Information |
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Year Built Year Built: 1870 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: DetachedArchitecture: Other |
Building Construction Materials: MasonryNot a New Construction |
Property Information Included in Sale: AppliancesParcel Number: 310019207004 |
Price & Status |
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Price List Price: $650,000Price Per Sqft: $115 |
Status Change & Dates Possession Timing: Immediate |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: Elkins Park |
School Information Elementary School District: CheltenhamJr High / Middle School District: CheltenhamHigh School District: Cheltenham |
Agent Information |
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Listing Agent Listing ID: PAMC2100180 |
Lot Information |
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Lot Area: 9756 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To Sell |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Rental |
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Owner Pays: Water |
Miscellaneous |
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Mls Number: PAMC2100180Municipality: CHELTENHAM TWP |
Last check for updates: about 8 hours ago
Listing courtesy of Emily Terpak, (609) 605-6507
Compass RE, (267) 435-8015
Source: Bright MLS, MLS#PAMC2100180
Price History for 7801 Montgomery Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/05/2024 | $650,000 | Listed For Sale | Bright MLS #PAMC2100180 |
| 03/14/2022 | $490,000 | Sold | Bright MLS #PAMC2025164 |
| 02/24/2022 | $485,000 | Pending | Bright MLS #PAMC2025164 |
| 02/16/2022 | $485,000 | Listed For Sale | Bright MLS #PAMC2025164 |
| 10/26/2021 | $595,000 | ListingRemoved | Bright MLS #PAMC2007094 |
| 08/05/2021 | $595,000 | PriceChange | Bright MLS #PAMC2007094 |
| 07/07/2021 | $599,000 | PriceChange | Bright MLS #PAMC694622 |
| 05/24/2021 | $625,000 | Listed For Sale | Bright MLS #PAMC694622 |
| 05/07/2021 | $625,000 | ListingRemoved | Bright MLS #PAMC691984 |
| 05/05/2021 | $625,000 | Listed For Sale | Bright MLS #PAMC691984 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $11,913 |
| Assessment | $179,870 |
Home facts updated by county records
Comparable Sales for 7801 Montgomery Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $579,900 | 07/07/23 | 6 | 3 | 2,776 | |
0.25 | Multi-Family Home | $385,000 | 11/13/23 | 4 | 2 | 1,260 | |
1.06 | Multi-Family Home | $320,000 | 03/01/24 | 4 | - | 1,979 | |
0.90 | Multi-Family Home | $310,000 | 09/06/23 | 4 | 2 | 1,925 | |
1.11 | Multi-Family Home | $186,000 | 05/31/23 | 5 | 3 | 3,120 | |
1.25 | Multi-Family Home | $170,000 | 09/15/23 | 4 | - | 2,496 | |
1.29 | Multi-Family Home | $361,000 | 07/20/23 | 4 | - | 1,920 | |
1.02 | Multi-Family Home | $210,000 | 01/19/24 | 4 | - | 1,480 | |
1.59 | Multi-Family Home | $525,000 | 11/30/23 | 5 | 3 | 3,073 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Emily Terpak, Compass RE
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
7801 Montgomery Ave, Elkins Park, PA 19027 is a 4 bedroom, 5,664 sqft multi-family built in 1870. This property is currently available for sale and was listed by Bright MLS on Apr 5, 2024. The MLS # for this home is MLS# PAMC2100180.