Property

Willow Grove, PA 19090 2306 Old Welsh Road

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Presented By: Keller Williams Real Estate-Blue Bell
  • MLS# PAMC2128588
  • 02/03/2025
  • Request Tour
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  • Beds • 5

Home Details

2306 Old Welsh Road is a beautiful example of what multi-family ownership is at its best...THIS is the owner YOU want to buy from! Maintained to perfection, utilities professionally split and serviced! Longer term tenants take great care of their units, and it's time for new ownership - will it be you? Rent is under market - so there's plenty of ability to raise rent and further increase your income. There's also ways to further cut expenses and your bottom line! This beautiful building even has a commercial diesel GENERATOR outside - for your tenants to plug into if power goes down! Starting in the basement you'll clearly see the care and professionalism with which the hot water boilers and hot water heaters have been maintained...the mechanicals speak for themselves. The units, the exterior of the building all in impeccable condition! There's a huge driveway off the side street for a number of cars, your tenants and room for guests too! There's even a heated and air conditioned man-cave or she-shed which you can rent for $200-$300/m for addl. income - OR use it for yourself for ultra nice storage if you'd prefer! Located in the award-winning Abington School District, just a stone's throw from Route 611, the mall, the turnpike, shopping - you cannot find a better location! Have a look at the numbers - they make the case that THIS is the property you've been waiting for! Operating expenses available in documents. Come see it soon before it's too late!
Presented By: Keller Williams Real Estate-Blue Bell

Interior Features for 2306 Old Welsh Road

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Fireplaces1

General for 2306 Old Welsh Road

AccessibilityNone
Architectural StyleVictorian, Colonial
CityWILLOW GROVE
Construction MaterialsFrame, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C, Ductless/Mini-Split, Window Unit(s)
CountyMONTGOMERY
DirectionsHeading North on Easton Road, make R on Old Welsh Road - building on R. Driveway is accessible also - while approaching the building make a R on Fairview Road and L into the driveway (just after the r
DisclosuresNone
ExclusionsL shaped sofa in the LR on the 2nd floor.
Garage Y/NNo
Gross Income49800.00
HeatingHot Water
Home Warranty Y/NNo
Insurance Expense2390.00
Lease TypeMonth to Month, Yearly
Lot Size Square Feet11552.00
Lot Size UnitsSquare Feet
MLS AreaAbington Twp (10630)
ModificationTimestamp2025-04-17T11:10:28
MunicipalityABINGTON TWP
Net Operating Income32493.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Operating Expense6580.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysWater
OwnershipFee Simple
PossessionSubject to Existing Lease, Negotiable
Price Per Sq Ft Total AG220.26
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictABINGTON
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameWILLOW GROVE
Tax Annual Amount6540.0
Tax Assessed Value134490.0
Tax Lot019
Tax Year2025
Total Actual Rent49800.00
Total SQFT2951
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1904
Year Built SourceAssessor
ZoningRESIDENTIAL TRIPLEX

Exterior for 2306 Old Welsh Road

Foundation DetailsStone, Brick/Mortar
InclusionsFurniture on 2nd and 3rd floor except tenants' personal property
Land Use Code1134
Lot Dimensions46.00 x 0.00
Lot Size Acres0.27
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesAsphalt Driveway, Paved Driveway, Private
PoolNo Pool
Type of ParkingDriveway, Off Street, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Elementary School N/A
Middle School Abington Junior High School
High School Abington Senior High School

Ebonie Clerier

Associate
Price $650,000
MLS#PAMC2128588
List Date 02/03/2025
Property Type Multi-Family
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