123 CEDAR ST, Jenkintown, PA 19046
123 CEDAR ST, Jenkintown, PA 19046
123 CEDAR ST, Jenkintown, PA 19046
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jeffrey Bryant • Springer Realty Group
$575,000
Est. payment /mo
2,308 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,308 sqft

Price per Sqft $249

MLS Listing ID PAMC2185760

Style Colonial

Abv Grd Liv Area 2,308

Year Built 1900

Available Date 2026-06-27

Annual Tax Amount $9,229

Tax Year 2026

Lot Size 9,148 Sqft

Acres 0.21

Property Sub-Type Detached

Source BRIGHT

Property Description

Excellent investment opportunity in the heart of the Borough of Jenkintown. 123 Cedar Street is a well-maintained 3-unit multifamily property featuring one spacious 2-bedroom unit and two 1-bedroom units, plus a detached 2-car garage providing additional rental income. This fully-rented property currently generates over $55,000 in annual gross rent, with a mix of stable lease terms and month-to-month flexibility.

Major improvements include a full roof and gutter replacement in 2020, new central HVAC for the first floor installed in 2023, new paved driveway in 2022, repointed front stone wall, and upgraded electric service with 150-amp panels for each unit and basement and a 200-amp upgrade for the whole house, including new wiring throughout. Recent unit updates include newer flooring, paint, toilets, appliances, hot water heaters, updated laundry appliances, and separate electric/gas utilities.
Located in desirable Jenkintown Borough, this property offers convenient access to shops, restaurants, public transportation, regional rail, and major commuter routes. A strong option for investors, owner-occupants, or buyers looking for a well-located income-producing property. Electric and gas is separately metered.

Location

State PA

County Montgomery

Area Jenkintown Boro (10610)

Zoning RESIDENTIAL

Rooms

Basement Unfinished, Walkout Level

Interior

Hot Water Electric, Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Window Unit(s)

Heat Source Natural Gas, Electric

Laundry Basement

Exterior

Parking Features Garage - Front Entry

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage Y

Building

Foundation Stone

Above Ground Finished SqFt 2308

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

Middle Schools Jenkintown Middle School

High Schools Jenkintown

School District Jenkintown

Others

Tax ID 10-00-00232-001

Ownership Fee Simple

SqFt Source 2308

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)

Nearby School & Business

Get More Information

Rina Vachhani

Rina Vachhani

+1(215) 792-9555

REALTOR®

REALTOR®

Name

Name

Phone*

Phone

Message