1 of 54

Want to see similar homes for sale?

7301 Chestnut

ELKINS PARK, PA 19027

– beds
– baths
5,621 sqft
11,900 sqft lot
$115 per sqft
1873 build

More homes

Opportunity is knocking! HUGE Triplex Situated on an oversized lot in Elkins Park located just .3 miles from the Melrose Park Train Station. It is the perfect mix of modern conveniences and old world charm. The owner has occupied the first floor and rented the other units. As you walk up to the home you are greeted by a wrap around screened in porch on the first floor which leads you into the foyer of the home. The 1st floor unit is spacious with 1731 sq feet. There are 3 GOOD sized bedrooms and 2 bathrooms. Included in that is an owners suite. The living room features an electric fireplace that is ideal on the cold winter nights. The kitchen has been remodeled with SS appliances, newer cabinets, granite counters, bar seating, and tile backsplash. For all your storage needs there is a walk out basement with laundry, and utilities. As an added bonus, there is also solar panels that are owned with 12 years left on their warranty. They are connected to the first floor unit. Excess energy made is expressed as a credit in their PECO bill. Leading up to the 2nd and 3rd unit you are greeted by a covered porch which has been shared by the tenants. The 2nd Floor offers 1228 sq feet with 2 bedrooms and 1 bath. Newer Ark Fault electric has been installed, washer and dryer, as well as replacement windows. The third floor offers 717 sq ft with 1 Bedroom and 1 bath. Also there are two garages on the property which could also be rented out. There is a 3 car garage and a 2 car garage. There is no shortage of storage here! Utilities: each unit is billed separately for gas & electric. Water & Sewer is one bill for all units.

Listing courtesy of BRIGHT / Opus Elite Real Estate

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# PAMC2113226 —

The Building

Year Built:

1873
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stone
Structure Type:

Detached
Architectural Style:

Converted Dwelling
Building Levels:

3
Building Units Total:

3
Accessibility Features:

None
Foundation Details:

Permanent
Basement:

Yes
Basement Type:

Interior Access, Outside Entrance, Unfinished
Building Winterized:

No
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4355

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

5621
Living Area SqFt:

5,621 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Conventional
Possession:

31-60 Days CD

Location

Directions:

Take Cheltenham Ave to Chestnut Ave.
Cross Street:

Crest Ave
Latitude:

40.05738000
Longitude:

-75.12731000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.27
Lot Size Source:

Assessor
Lot Size Dimensions:

120.00 x 100
Lot Dimensions Source:

Estimated
Lot Features:

Corner
Lot SqFt:

11,900 Sqft
Zoning:

RESIDENTIAL
Outdoor Living Structures:

Porch(es), Patio(s)
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

1134
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

31-00-06049-004
Tax Year:

2024
Tax Lot:

001
Tax Annual Amount:

$9,805
Tax Assessed Value:

$145,000
Year Assessed:

2024
School Tax:

7709.0
County Tax:

694.00
City/Town Tax:

1401.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

Hot Water, Radiant, Wall Unit
Heating Fuel:

Solar

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Cheltenham
School District Source:

Listing Agent

The Community

Pool:

No Pool
Transportation:

Commuter Rail Station less than 1 mile

Parking

Total Garage and Parking Spaces:

4
Garage:

Yes
Garage Features:

Inside Access, Garage - Rear Entry
Garage Spaces:

2.00
Type of Parking:

Driveway, On Street, Detached Garage
# of Detached Garage Spaces:

2
Driveway - # of Spaces:

2

Extra Units

Vacation Rental:

No
Units Furnished:

None
One Bedroom Units:

1
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/20/24 Nov 20, 2024	Sold	BRIGHT	$650,000
10/16/24 Oct 16, 2024	Sold Subject To Contingencies	BRIGHT	$650,000	8.3%
9/24/24 Sep 24, 2024	Price Changed	BRIGHT	$600,000	-7.7%

Multifamily Sold on 11/20/2024

$650,000

Listing provided by broker:

Christina Swain

Opus Elite Real Estate

info@opuselitere.com

Newest listings in Philadelphia, PA

Similar sold homes

Listing Courtesy of: BRIGHT and Opus Elite Real Estate.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

7301 Chestnut

ELKINS PARK, PA 19027