$1,199,000

317 HARRISON, Elkins Park, PA 19027

  • 8,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon0.98acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Own a Piece of History While Earning a Steady Return! A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station—an ideal setup for long-term financial success. Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafés, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters. Property Features: 1) Six Oversized Units – Spacious layouts, some units nearly 2,000 sq. ft. 2) Consistent Rental Income – Generates $110K annually, with long-term tenants who renew leases 3) Historic Charm & Modern Updates – Hardwood flooring, large windows, and well-maintained interiors 4) Outdoor Amenities – Tenant gardens, a firepit area, and extra storage lockers 5) Convenience – Off-street parking and on-site laundry facilities 6) Commuter’s Dream – Less than 2 blocks from Elkins Park train station with easy access to Philadelphia 7) Strong Community Appeal – Walkable neighborhood with grocery stores, restaurants, and parks nearby A Sound Investment in a Thriving Location Elkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment. Don’t miss out on this exceptional income-producing property in one of Montgomery County’s most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.

Listing Status:
Pending
Date Added:
April 1, 2025 at 05:00AM
Listing Office:
Keller Williams Real Estate Tri-County : 2154648800
Listing Agent:
Frank Blumenthal : 2152900402
MLS ID:
PAMC2132792

This listing courtesy of Frank Blumenthal, Keller Williams Real Estate Tri-County

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Myers Elementary School

7609 Montgomery Ave, Elkins Park, PA, 19027

Grades KG-4

0.31 miles away

C

Cedarbrook Middle School

300 Longfellow Rd, Wyncote, PA, 19095

Grades 5-8

1.93 miles away

C

Cheltenham High School

500 Rices Mill Rd, Wyncote, PA, 19095

Grades 9-12

2.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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