7768 MONTGOMERY Avenue Elkins Park, PA 19027
MULTI_FAMILY - Craftsman - ELKINS PARK, PA
Property Features for 7768 MONTGOMERY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, On Street
- Standard status
- Active
- Size
- 1,837 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5499
Utilities
- Heating system
- Baseboard, Other (Heating), Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Asbestos
- Architectural style
- Craftsman
Listing agent Robert Wipplinger License #RS298064 (215) 669-5555
Listing office RE/MAX Centre Realtors 2701 York Road, Jamison, PA (215) 343-8200
Listing date Jul 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Elkins Park, Pennsylvania, at 7768 Montgomery Avenue (19027) in Montgomery County. The remarks indicate the home is just minutes from the Elkins Park Regional Rail station, supporting commuter convenience. Additional proximity mentioned includes Arcadia University and La Salle University, along with nearby shopping, restaurants, parks, and everyday amenities.
For tenants or owner-occupants, the layout supports live-in-and-lease dynamics, with separate unit features designed for everyday comfort such as in-unit laundry on the second floor and outdoor access from the first-floor unit. For buyers, the combination of two units, off-street parking via a driveway, and recent major system updates can support a move-in ready use for either an income-focused strategy or a blended occupancy plan.
Key Highlights
- Detached duplex with Craftsman style and heating options including hot water, other heating, and baseboard
- New heater installed in 2024 plus new roof installed 3 months ago
- Each unit includes 1 bedroom, 1 full bathroom, a living room, and a kitchen
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $22.20 |
| − Vacancy | −$2.7k | −$1.44 |
| EGI | $38.1k | $20.76 |
| − OpEx | −$11.4k | −$6.23 |
| NOI | $26.7k | $14.53 |
