Property Description

You're not going to find a nicer, more modern duplex than this offering! Here's a great opportunity to own a turnkey duplex in Abington Township. Excellent location just a minute's walk to Penbryn Park at the end of the street. The asking price includes an adjoining 5,000 sq. ft. vacant (buildable???) lot (P/N#30-00-17772-009) for a combined total 10,000 sf ft. Excellent rental history with a gross rental income of $39,420/year! The current long-term owner has taken extraordinary care of this stucco and vinyl-sided duplex and has improved it wonderfully during this time. The 1st floor unit was totally remodeled in 2022 and the 2nd floor unit in 2024 with improvements in both units to include: luxury vinyl plank flooring in the kitchens, baths, and hallways, plush carpet in the bedrooms, recessed lighting throughout, and very tastefully and neutrally painted interiors. Both bathroom renovations consisted of new 30” vanities and new tubs/ tub surrounds, and both kitchen renovations consisted of all new cabinetry and full appliance packages to include: gas ranges, refrigerators, over the range microwaves, and dishwashers. The 1st floor unit consists of a very large living room, spacious main bedroom, second bedroom, bath and kitchen. It also has a private (rear) side entrance with a covered porch as well as a front/shared side entrance which makes the prospect of a single-family conversion extremely inviting and quite simple and resulting in a 4BR, 2 full bath single family home if desired. Current rent amount for this unit is $1950/month and includes the 2 car detached garage with a storage loft. This tenant's lease expires 11/30/26, with month-to-month after that. The 2nd floor 1 BR unit has a patio area as well. This unit has a roomy bathroom, BR, spacious eat-in kitchen, and walk-in closet. Current rent is $1,335/month and is on a month-to-month lease. Each unit has an owner-supplied washer and dryer in the basement and each has private basement access. The basement also has a locked storage room for the 2nd floor tenant. Walls throughout the basement were waterproofed in 2024. Utilities are separate with 2 Crown gas boilers, separate gas-fired water heaters, and separate electric panels. Tenants pay for gas and electric, and the owner pays for the water averaging $55/month. Sewer and trash are included in the tax bill. Other improvements include vinyl replacement windows throughout the duplex, the basement, and the garage. The main roof was replaced in 2022 and the garage roof in 2021. The garage also features a newer garage door with opener (2021) and lighting on both levels. The chimney has a stainless-steel lining. The driveway with room for 3 cars was seal coated in 2025. The exteriors of the main home and the garage were painted in 2025. Taxes in 2025 for the 2 lots was $6289, which includes sewer and trash. It's all been done here....come take a look for yourself!

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