7845 Montgomery Ave

Highlights:

• Days on Market: 26

Description:

Turnkey Investment Opportunity: 7845 Montgomery Ave, Elkins Park, PA
(2 buildings, 12 units total — Main Building: 10 units | Cottage House: 2 units)

Adjacent parking lot in the back with veriance to build a duplex is available for sale as well.

This exceptional commercial multifamily property, originally built in 1920, blends historic charm with income-producing potential. Situated in a prime Elkins Park location, it offers 12 total units across two buildings: a 10-unit main structure and a 2-unit cottage.

With solid early-20th century construction and a half-acre parcel, this asset is well-positioned for long-term appreciation and strong rental demand. Investors will appreciate the absence of association fees, translating into stronger profit margins and cash flow.

Highlights

12 Units Total (10 + 2 configuration)

Year Built: 1920 — enduring quality and craftsmanship

Lot Size: ±0.50 acres

Prime Location: Walkable to Elkins Park train station, shops, and High School Park

Value-Add Potential: Modernize interiors and common spaces to maximize NOI

Rare Market Opportunity: No immediate comparable competition nearby

Why Invest Here?

Versatility: Strategic positioning supports a variety of investment models — stable rental income, redevelopment, or portfolio diversification.

Cash Flow + Appreciation: Historic bones with room for modernization, poised to increase value.

Tenant Demand: Proximity to transit and community amenities ensures consistent leasing potential.

Seize this rare chance to acquire a turnkey 12-unit multifamily with a bonus cottage, offering both historic significance and future growth potential in one of Montgomery County’s most desirable markets.