397 STEWART AVE Jenkintown, PA 19046

Investment opportunity near the heart of Jenkintown!! Become a Landlord or live in one unit and rent out the other, either way this property will not last long! Purchase this fully rented "Duplex" which was once the known Switchville Inn! It has been transformed in 2017 to what is now The Switchville Apartments. It underwent a complete gut renovation where it became two spacious 3 bedroom apartments which are currently tenant occupied. The building features all new interior framing, windows, electrical, plumbing, sound dulling insulation, wired smoke detector systems and much more. Its located close to the Jenkintown Train Station and with-in walking distance to the historic Jenkintown boro, restaurants and your local gym. The front of the property features a key code entrance with apartment entrances once inside the building. The rear of the building features a large shared back yard with a prvt. entrance to Unit B. The first floor layout includes both Unit A and part of Unit B. Unit A features an open concept living area with 3 large bedrooms. It also includes a master suite bathroom and walk-in closet. The laundry area is located in the hallway with another full bathroom nearby. Unit B is a two story apartment with a wraparound kitchen, half bath, living and dining room located on the first floor. The second floor features an entrance to the front of the building, three large bedrooms, a stackable laundry unit and a full bathroom. Flooring throughout the building include, carpet, laminate, hardwood and tile. There is additional storage in the basement area current used by Unit B and shared with current owner. Each unit has separate electric, a/c and heat. Yearly gross rent: $40,800, Yearly Payout for; Taxes: $2,019.00, Water: $1,200.00. Owner needs at least 48-72 hours notice to show inside of units. Call or email today for an appointment. Today's Attractive Loan rates will not be around to long, take a look at this soon to lock in your rates!