For Sale
$1,785,000

114 York RdJenkintown, PA 19046

Seven-unit building, fully rented, prime location.

Overview

Added:
Feb 3
Days on market:
60
This exceptional seven-unit multi-family property at 114 York Road, Jenkintown, Pennsylvania, presents a compelling investment opportunity. Situated on a 0.29-acre lot, this turnkey building boasts six residential units and an additional office space, all currently leased, ensuring immediate cash flow. The residential units comprise two spacious two-bedroom apartments and four one-bedroom apartments. Each unit features modern updates including hardwood floors, stainless steel appliances, and PEX plumbing. Convenient in-unit laundry facilities are also provided. One parking space is allocated per residential unit. Further income potential exists through the possibility of renting the existing garage for an estimated $300 per month. The property's prime location in Jenkintown Borough offers unparalleled convenience. Residents enjoy walkability to the vibrant Jenkintown Town Square, a movie theater, a variety of boutique shops, and numerous restaurants. Major retailers such as Starbucks, Trader Joe's, and Whole Foods are also within easy reach. Commuters benefit from proximity to two train stations and convenient access to Route 309, the Turnpike, and nearby universities and hospitals. The property is located within the highly-regarded Jenkintown School District. This fully-leased, income-generating property offers significant long-term potential for investors seeking a stable and profitable addition to their portfolio or a strong entry point into the Jenkintown real estate market. The asking price is $1,785,000.

Property Details for 114 York Rd

Property type
Multifamily properties
Year Built
1908
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Jenkintown
County
Montgomery
State
Pennsylvania
Latitude
40.09373
Longitude
-75.12505
114 York Rd, Jenkintown, Pennsylvania

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114 York Rd
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