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114 York Rd Jenkintown, PA 19046

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For Sale
$1,785,000

Seven-unit building, fully rented, prime location.

Property Features for 114 York Rd

General Information

Property type
Residential income properties
Lot Size
12,632 SF

Building Details

Year Built
1908

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Listing Contact
Cari Guerin-Boyle
Cari Guerin-Boyle

Listing Agency: BHHS Fox & Roach-Jenkintown Listing Agent: Cari Guerin-Boyle

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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 Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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Location Insight

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  • Local Demand
City
Jenkintown
County
Montgomery
State
Pennsylvania
Longitude
-75.12505
Latitude
40.09373

FAQs

What type of property is this?
Residential income property - Seven-unit building, fully rented, prime location.
Where is this residential income property located?
The property is located at 114 York Rd Jenkintown, PA.
What is the asking price?
The asking price for this property is $1,785,000.
More about this property
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