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701&703 WASHINGTON LN
JENKINTOWN, PA 19046

Sold
$350,000
Sold on 2/16/2018
  • -- Beds
  • -- Baths
  • 2611 sqft
  • Residential Income | SingleBldg
  • Closed
701&703 WASHINGTON LN, JENKINTOWN - 41926621

Property Description for 701&703 WASHINGTON LN, JENKINTOWN PA 19046

Investment opportunity in the heart of Jenkintown. This is a single quadraplex with all units currently occupied with tenants. There's a common area laundry room with coin operated washer and dryer which generates extra income per month. Very convenient location. One of the sellers is a PA licensed realtor. $42,600.00 is the total gross income. Insurance is $2,300.00 Taxes are $7,300.00 Electric is $360.00 Net income is $32,640.00 Unit 701A cuts the lawn.

  • Property Class: Multi-Family
  • Listing Status: Closed
  • City: JENKINTOWN
  • State: PA
  • Zip: 19046
  • Area: Jenkintown Boro
  • Class: Residential Income
  • Property Subtype: SingleBldg
  • Approx Lot Size: 0.140
  • Baths (F/H): -- / --
  • Living Area (SqFt): 2611 sqft
  • Lot Sq Ft Apx: 6000.00
  • Year Built: 1930
  • Listing#: 7103238
  • School District: Jenkintown
  • Tax Year: 2018
  • Close Date: 3/30/2018
  • List Date: 1/10/2018
  • Last updated on: 9/23/2018

Property Features for 701&703 WASHINGTON LN, JENKINTOWN PA 19046

  • Basement Type: Full, Unfinished
  • Exterior: Asbestos
  • Property Age: 88
  • Garage Spaces: Nogarage
  • Laundry Type: Common Laundry
  • Sewer Septic: Public Sewer
  • Cooling: Wall Unit
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Quadplex
  • Heating: Gas
  • Parking: Street

Additional Information for 701&703 WASHINGTON LN, JENKINTOWN PA 19046

  • School District: Jenkintown
  • Annual Gross Income: 43800.00
  • Annual Gross Expense: 6564.00
  • Basement: True
  • Building Floors: 2.50
  • Central Air: False
  • Lot Dimensions: 50
  • Lot Number: 013
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 126460.00
  • Water Front: False
  • Beds Unit1: 1
  • Baths Full Unit1: 1
  • Unit1 Lease End: Month-Month
  • Unit1 Monthly Rent: 700.00
  • Beds Unit2: 3
  • Baths Full Unit2: 1
  • Unit2 Lease End: Month-Month
  • Unit2 Monthly Rent: 1250.00
  • Beds Unit3: 1
  • Baths Full Unit3: 1
  • Unit3 Lease End: Month-Month
  • Unit3 Monthly Rent: 650.00
  • Total Taxes: $6,564
  • Listing Area: Jenkintown Boro
  • Subdivision: Jenkintown
  • Beds Unit4: 3
  • Baths Full Unit4: 1
  • Listing ID: 7103238
Courtesy of Robert Makris, BHHS Fox & Roach-Jenkintown
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