114 CADWALADER AVE Active Save Request In-Person Tour Request Virtual Tour
Elkins Park,PA 19027
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,314 sqft
Price per Sqft $194
Subdivision Elkins Park
MLS Listing ID PAMC2161782
Style Traditional
Abv Grd Liv Area 2,314
Year Built 1890
Available Date 2025-11-18
Annual Tax Amount $5,168
Tax Year 2025
Lot Size 6,655 Sqft
Acres 0.15
Lot Dimensions 61.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Prime Investment Opportunity in Elkins Park! This fully tenant-occupied duplex at 114 Cadwalader Ave is ideally located in a charming, convenient neighborhood within a sought-after school district. With a 6.41% cap rate, the property delivers reliable cash flow from day one—an excellent fit for both new and seasoned investors looking to secure a strong, stable asset.
The first and second floor unit features 3 spacious bedrooms, 1 full bathroom, and an additional private toilet room located near the laundry area behind the kitchen—an added convenience for tenants. The third-floor unit offers a well-maintained 1-bedroom, 1-bath layout. Four mini-split systems provide efficient heating and cooling throughout the home, boosting comfort and long-term rental appeal.
Tenants are scheduled to move out in February, giving the next owner the opportunity to owner-occupy and live in one unit while renting out the other, adding the benefit of offsetting housing costs with rental income.
Situated in the heart of Elkins Park, the property benefits from strong rental demand and close proximity to public transit, parks, shops, and everyday amenities. Whether you're growing your investment portfolio or seeking a flexible, income-producing property in a premier location, 114 Cadwalader Ave is an opportunity you won't want to miss.
Location
State PA
County Montgomery
Area Abington Twp (10630)
Zoning MULTI-FAMILY
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2314
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Abington
Others
Tax ID 30-00-05960-004
Ownership Fee Simple
SqFt Source 2314
Special Listing Condition Standard