317 Harrison
Elkins Park, PA 19027
- – beds
- – baths
- 8,100 sqft
- ~1 acre lot
- $154 per sqft
- 1850 build
Own a Piece of History While Earning a Steady Return! A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station—an ideal setup for long-term financial success. Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafés, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters. Property Features: 1) Six Oversized Units – Spacious layouts, some units nearly 2,000 sq. ft. 2) Consistent Rental Income – Generates $110K annually, with long-term tenants who renew leases 3) Historic Charm & Modern Updates – Hardwood flooring, large windows, and well-maintained interiors 4) Outdoor Amenities – Tenant gardens, a firepit area, and extra storage lockers 5) Convenience – Off-street parking and on-site laundry facilities 6) Commuter’s Dream – Less than 2 blocks from Elkins Park train station with easy access to Philadelphia 7) Strong Community Appeal – Walkable neighborhood with grocery stores, restaurants, and parks nearby A Sound Investment in a Thriving Location Elkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment. Don’t miss out on this exceptional income-producing property in one of Montgomery County’s most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.
Last checked:
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Last updated Mar 29, 2025
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MLS# PAMC2132792 —
The Building
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Year Built:1850
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stone
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Building Levels:3
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Colonial, Converted Dwelling
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:8100
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Living Area SqFt:8,100 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD, Negotiable
Location
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Directions:Harrison is 2 blocks from EP train station
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Cross Street:MONTGOMERY
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Latitude:40.06942000
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Longitude:-75.12285000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.98
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Lot Size Source:Assessor
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Lot Size Dimensions:56.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:42,637 Sqft
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Inclusions:Coin-op Washer/Dryer, all appliances provided to tenants in the units - All in as-is condition with no monetary value
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Exclusions:Tenant's personal property
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Zoning:MIXED-USE APARTMENT
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:1140
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 290-0402
- Office phone:
- (215) 464-8800
Taxes
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Tax ID Number:31-00-13666-505
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Tax Year:2025
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Tax Lot:001
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Tax Annual Amount:$18,898
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Tax Assessed Value:$274,820
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Myers
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Middle School:Elkins Park School
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School District Name:Cheltenham
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School District Source:Listing Agent
The Community
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Subdivision Name:Elliger Park
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:13
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Garage:Yes
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Garage Features:Other
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Garage Spaces:3.00
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Type of Parking:Detached Garage, Driveway, Off Street, Parking Lot
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# of Detached Garage Spaces:3
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Driveway - # of Spaces:10
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
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Vacation Rental:No
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One Bedroom Units:3
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/25
Mar 29, 2025
|
Listed / Active | BRIGHT | $1,250,000 |