PA > Glenside > Keswick
Glenside, PA 19038,276 N KESWICK AVE N
Glenside, PA 19038,276 N KESWICK AVE N
Glenside, PA 19038,276 N KESWICK AVE N
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Ashley Moorhouse

Ashley Moorhouse

+1(856) 304-2535
$1,250,000
Est. payment /mo
2,537 Sqft Lot
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UPDATED:

02/19/2025 08:44 AM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Keswick

MLS Listing ID PAMC2129374

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $6,806

Tax Year 2025

Lot Size 2,537 Sqft

Acres 0.06

Lot Dimensions 20.00 x 0.00

Property Sub-Type Five Or More Units

Property Description

Excellent investment opportunity to own this turn-key, fully occupied, 5-unit building in desirable Keswick Village. This property consists of a commercial office and meeting room on the first floor, with (4) one bedroom apartments above, all with a great rental history and upward potential. There is also a rented 2 car garage in the rear of the property. The office space on the main level is in excellent condition with a long-term lease featuring annual rental increases, showing their commitment to the location. The space is well appointed with a large meeting area, private office, full kitchen, bath and rear fenced patio area. The office has separate gas heat, electric and has central air. Each apartment has received various updates under current ownership; such as kitchens, appliances, baths, flooring, and paint. The property is conveniently located in the heart of Glenside, Abington Township and in close proximity to neighboring shops, pubs, restaurants, a local market, the Keswick Theater and public transportation. The local bus route and the Glenside Train Station are just a short distance away. Apartment demand is extremely high in this desirable location and vacancies are always filled quickly. The apartments have hot water radiator and/or baseboard heat supplied by separate gas boilers in the basement. The heat is paid for by the tenants. Current ownership has maintained the roof and numerous other mechanical items such as water heaters and the boiler, greatly reducing future capital expense needs. Tenants are responsible for their individually metered electric and gas. There is a separate gas heater for each unit. The building has (2) large water heaters in the basement and is equipped with a hard-wired and monitored fire alarm system. The parking for this property is on street parking. While the building is currently fully occupied and profitable, a new owner could increase income by approximately $200 per month per residential unit (totaling $9,600 per year) by implementing various value-add strategies such as adding laundry and/or upgrading interior finishes to the next level. This is a perfect property for the first-time investor or a seasoned investor to add to their portfolio. Some photos are prior to tenant occupancy.

Location

State PA

County Montgomery

Area Abington Twp (10630)

Zoning MSVC MAIN STREET VILLAGE

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Other

Flooring Ceramic Tile, Laminated, Vinyl, Other

Inclusions Refrigerators in the apartments.

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Cable TV

Water Access N

Roof Type Flat,Shingle

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Abington Junior High School

High Schools Abington

School District Abington

Others

Tax ID 30-00-35792-007

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Robert F Felte Jr. • Quinn & Wilson, Inc.

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agent

Ashley Moorhouse

Owner | Lead Listing Agent | License ID: 0999043

+1(856) 304-2535

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276 N KESWICK AVE N

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