Bala Cynwyd, PA 19004,305-307 PARSONS AVE
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Bala Cynwyd, PA 19004,305-307 PARSONS AVE
Bala Cynwyd, PA 19004,305-307 PARSONS AVE
Bala Cynwyd, PA 19004,305-307 PARSONS AVE
Bala Cynwyd, PA 19004,305-307 PARSONS AVE

$489,000

Est. payment /mo

$589,000

17.0%
Est.Price: ?

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305-307 PARSONS AVE Bala Cynwyd, PA 19004

0.29 Acres Lot

SOLD DATE : 11/19/2015

Key Details

Sold Price $489,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1003464121

Style Other

Year Built 1860

Annual Tax Amount $2,421

Tax Year 2015

Lot Size 0.290 Acres

Property Description

Investors big or small you can own all of PARSONS PLACE. Live in one unit and rent the others or rent them all. PARSONS PLACE consists of two twins - one is one unit and the other is a duplex. The duplex is fully leased. Ownership for each unit is separate so in the future you could sell each unit individually, giving you flexibility in your ownership. The left twin is the whole twin and has 3 (possible 4th) bdrms, 2 Full baths is updated & modernized w/ details & charm of older homes but modernized for today's living. Completely Renovated Kitchen w granite & SS appliances, separate LR & DR, new hardwood flrs, sun porch. Upstairs are the 3 bedrms and a possible 4th (currently being used as laundry room). The right twin is divided into a duplex. Unit 2 is 1st floor of right twin, has 2 bdrms, 1 bath, LR, DR and eat-in and updated kitchen. Unit 3 is 2nd & 3rd floors of right twin has 2 bdrms, 1 bath, kitchen & LR. Good Cap Rate, gross rent multiplier, & cash flow. 200 amp service, all utilities are separate, each has access to own laundry. Walkable to restaurants, shopping, schools, transportation & places of worship. Great Investment - don't pass this opportunity up.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning R6A

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Oil, Gas, Radiator

Cooling None

Flooring Wood, Vinyl, Tile/Brick

Laundry Washer In Unit, Dryer In Unit, Common, Has Laundry

Exterior

Fence Other

Utilities Available Cable TV Available

Water Access N

Roof Type Flat

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Cynwyd

Middle Schools Bala Cynwyd

High Schools Lower Merion

School District Lower Merion

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Bright MLS (BMLS)
Listed by Steven T Miller • BHHS Fox & Roach-Bryn Mawr
Bought with Jay L Press • Weichert Realtors
agent

Jason Gareau

Broker

+1(609) 929-4486

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