400 Ryers Ave
CHELTENHAM, PA 19012

Description

Wonderful opportunity to own this three story single property zoned for commercial or residential purposes. This corner lot property is located near Cottman Ave just outside of Northeast Philadelphia in Cheltenham Township. The current owner has owed this property since the 1940s. The setup is perfect for someone looking to operate a business, retail or professional office on the main level while renting out the 3-bedroom apartment. Currently the main floor is being utilized as a member's club with easy access to a fully finished basement boasting a bar, bathroom and kitchen space. The main floor comprises of two bathrooms, kitchen and a sizeable open floor plan offering many possibilities. The spacious lot could be converted into parking spaces or expansion subject to Township approval. The 2nd and 3rd floor consist of a 7-room apartment with 3- bedrooms, eat in kitchen and full bathroom that could be rented for $1,200 plus. The property offers a deck, open front porch and a storage shed. Other notable features include zoned heat and separate electric. This property is within a short walking distance to public transportation and more.

Details

MLS#PAMC613362
Sub-TypeResale
StatusActive
Year1930
Days On Site14

Features

Units2

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Area Information

StatePA
CityCHELTENHAM
Zip Code19012
AreaCheltenham Twp (10631)
Listing VS Median (in 19012)
Price:
$249,000
low | high
Med:
$265,500
43.373493975904% of Average
On Site:
14
low | high
Med:
69.500000
20.143884892086% of Average
Listing Updated: 06/25/2019
MLS Number: PAMC613362
Listing Provided By:
Tony Crist  of  BHHS Fox Roach-Chestnut Hill