7323 School Lane

Description

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, Chilis, 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