Average square foot calculated using Size range provided by listing agent.
Description
Turnkey Investment Opportunity: 7845 Montgomery Ave, Elkins Park, PA (2 buildings, 12 units total — Main Building: 10 units | Cottage House: 2 units) This exceptional commercial multifamily property, originally built in 1920, blends historic charm with income-producing potential. Situated in a prime Elkins Park location, it offers 12 total units across two buildings: a 10-unit main structure and a 2-unit cottage. With solid early-20th century construction and a half-acre parcel, this asset is well-positioned for long-term appreciation and strong rental demand. Investors will appreciate the absence of association fees, translating into stronger profit margins and cash flow. Highlights 12 Units Total (10 + 2 configuration) Year Built: 1920 — enduring quality and craftsmanship Lot Size: ±0.50 acres Prime Location: Walkable to Elkins Park train station, shops, and High School Park Value-Add Potential: Modernize interiors and common spaces to maximize NOI Rare Market Opportunity: No immediate comparable competition nearby Why Invest Here? Versatility: Strategic positioning supports a variety of investment models — stable rental income, redevelopment, or portfolio diversification. Cash Flow + Appreciation: Historic bones with room for modernization, poised to increase value. Tenant Demand: Proximity to transit and community amenities ensures consistent leasing potential. Seize this rare chance to acquire a turnkey 12-unit multifamily with a bonus cottage, offering both historic significance and future growth potential in one of Montgomery County’s most desirable markets.Show Description
MLS® NumberPAMC2153832
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatNone, Natural Gas
A/CNone
Heating Fuel
Extras
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