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Property Description

Investors or Owner Occupants!!—Introducing a great opportunity to purchase a spectacular property with flexible uses conveniently located across from Melrose Train Station and just off Cheltenham Ave. This classic stone building has over 5,000 sq ft of estimated living space in 3-stories. The spacious main level has bedrooms, kitchen, dining room, laundry rooms; 2nd floor has 4 bedrooms and a full bath; 3rd floor has bedrooms, full bath and kitchen. The fully finished basement suite (not included in above ground living space) has 2+ bedrooms, separate living area, kitchen, full bath and a laundry facility with direct access to the rear parking area. Additionally, there is approximately 1,000 sq ft of leasable commercial space attached to the main building that can produce additional income. Off street paved lot in rear of the building provides 6+ parking spaces and additional street parking is available out front. There are separate meters and heating for commercial unit and different parts of the building. This property is in M2 multifamily zone making it flexible for investment or owner with large number of occupants. Why not live on the property and manage additional rent income!!

Features
: Hot water, Radiator
: Window Unit(s)
: Asphalt
: Private, Paved parking
N
: Outside Entrance, Full, Fully Finished, Walkout Stairs
0
: Stucco, Stone
N
: Traditional
: Electric
: Natural gas
: Natural gas
: Lower 1, Main, Upper 1, Upper 2
0
N
N
N
: Electric Available, Cable Tv Available, Natural Gas Available, Water Available
MLS Addon
RE/MAX Services
Steve H Lee
Annually
Annually
121134647183
CHELTENHAM
5,233 Acre
0 Acre
3
: Detached
6,433 Acre
No
: Standard
$10,642
2022
M2
: Public Sewer
: Public
Commercial Features
0 Acre

Residential Sale

735 VALLEY ROAD, ELKINS PARK, Pennsylvania 19027

8 Bedrooms
4 Bathrooms
6,433 Acre
$699,900
Listing ID #PAMC2002004
Basic Details
Property Type : Residential Sale
Listing Type : Residential Sale
Listing ID : PAMC2002004
Price : $699,900
Bedrooms : 8
Bathrooms : 4
Building Size (Sq. Ft.) : 6,433 Acre
Year Built : 1910
Lot Size : 0.24 Acre
State : PA
County : MONTGOMERY
City : ELKINS PARK
Zipcode : 19027
Status : ACTIVE
Subdivision Name : CHELTENHAM
Property Sub Type : Other
Price Per SQFT : $134
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