$450,000

114 CADWALADER AVE, Elkins Park, PA 19027

2,314 sqft

Duplex
Built in 1890
6,534sqft lot
—— car garage
$194/sqft
Listed 9 days ago

Property Description

Prime Investment Opportunity in Elkins Park! This fully tenant-occupied duplex at 114 Cadwalader Ave is ideally located in a charming, convenient neighborhood within a sought-after school district. With a 6.41% cap rate, the property delivers reliable cash flow from day one—an excellent fit for both new and seasoned investors looking to secure a strong, stable asset. The first and second floor unit features 3 spacious bedrooms, 1 full bathroom, and an additional private toilet room located near the laundry area behind the kitchen—an added convenience for tenants. The third-floor unit offers a well-maintained 1-bedroom, 1-bath layout. Four mini-split systems provide efficient heating and cooling throughout the home, boosting comfort and long-term rental appeal. Tenants are scheduled to move out in February, giving the next owner the opportunity to owner-occupy and live in one unit while renting out the other, adding the benefit of offsetting housing costs with rental income. Situated in the heart of Elkins Park, the property benefits from strong rental demand and close proximity to public transit, parks, shops, and everyday amenities. Whether you're growing your investment portfolio or seeking a flexible, income-producing property in a premier location, 114 Cadwalader Ave is an opportunity you won’t want to miss.

Listing Status:: Active
Date Added:: November 18, 2025 at 06:00AM
Listing Office:: Keller Williams Main Line : 6105200100
Listing Agent:: Elizabeth Schroeder : 2159170408
MLS ID:: PAMC2161782

A/C: None
Heating: RadiatorNatural Gas
Disability Feature: None

General: Above GradeBelow Grade
Style: Traditional

General: AsbestosOther

Originating MLS: BRIGHT_MAIN
School District: ABINGTON
County: MONTGOMERY-PA

Zoning: MULTI-FAMILY30-00-05960-004

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Elizabeth Schroeder, Keller Williams Main Line

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McKinley Elementary School

370 Cedar Rd, Elkins Park, PA, 19027

Grades KG-6

0.59 miles away

Abington Middle School

2056 Susquehanna Rd, Abington, PA, 19001

Grades 7-9

2.44 miles away

Abington Senior High School

900 Highland Ave, Abington, PA, 19001

Grades 10-12

2.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.