146 Beecher Avenue

Cheltenham, PA 19012

This Cheltenham Village duplex hits all of the check boxes for a money making investment property or as an owner occupied while the second unit pays the mortgage. Recent updates to the first floor provide a move in ready owner s unit. This 3 bedroom, 1.5 bath apartment has plenty of space and is easy to rent if owner occupied is not what you are looking for. The second unit spans the 2nd and 3rd floors with 2 bedrooms and 1 bath. Separate gas and electric, driveway, garage/shed (as-is) for storage, backyard, additional basement storage. Two blocks from Septa s Ryers Train Station, close to multiple bus lines and easy access to the city. With a capitalization rate of almost 8% as listed and a GRM of less than 8 years, this is one of the best investments Cheltenham has to offer right now. Unit 1 (3 Bed,1.5 Bath) was recently rented at $1,300/mo, Unit 2 (2 Bed, 1 Bath) is currently month-to-month and rented at $1,100/mo.