2819 Mount Carmel Avenue

Description

Prime Investment Opportunity in Desirable Glenside. Rare opportunity to own a turnkey investment in sought-after Glenside, this beautifully maintained 3-unit property offers an exceptional investment opportunity. The building features one spacious 1-bedroom unit and two 2-bedroom units, all in excellent condition with generous layouts that tenants will love. The welcoming front porch leads to a foyer with access to all 3 units. Tenants enjoy access to a full basement with shared washer and dryer facilities, adding convenience and value. Utilities (except water) are tenant-paid, ensuring low overhead for the owner. The property sits on a large lot with off-street parking for 6+ vehicles, making it ideal for tenants with cars. The majority of the exterior is gorgeous stone and doesn't require much maintenance. Net operating income after expenses totals $36,535. Recent improvements include; renovated 3rd Floor 2024, windows, bathroom, kitchen appliances and carpet. New carpet and paint for hallway from first to third floor, new roof (2019), first floor water heater (2022), new rear deck steps, front porch stairs, porch decking, columns, facia (2018). The location is unbeatable"a short walk to the train station and just minutes from shopping, dining, parks, the library, and major roadways, including the PA Turnpike. Whether you're looking to expand your portfolio or secure a steady income stream, this property combines location, functionality, and charm for a winning investment.