NOT LISTED FOR SALE

1575 Old York Rd Abington, PA 19001

Abington Neighborhood

Estimated Value: $362,000 - $421,000

-- Bed
2 Baths
1,660 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $380,000 $229 Per Sq Ft

Current estimated payment $2,438/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Overlook Elementary School Rated A-
  • Eat-In Kitchen
  • Asbestos

About This Home

As of June 2024

Exceptional Income-Producing Duplex in Prime Abington LocaleDiscover the perfect investment opportunity with this fully occupied duplex, centrally located in the heart of Abington, PA. Boasting a stellar occupancy history, this property is ideal for investors seeking a reliable income stream or for those aspiring to a savvy owner-occupied venture.Property Highlights:Versatile Investment: Whether you're looking to expand your portfolio or find a unique living arrangement, this duplex offers flexibility. Convert it into a single-family home, live in one unit while renting the other, or continue to lease both sides for maximum income potential.Strong Rental History: Fully occupied with active leases, this property guarantees immediate return on investment. Tenants are responsible for all utilities, ensuring a low-maintenance ownership experience.Recent Upgrades: The roof, replaced in February 2024, underscores our commitment to the property's maintenance, ensuring peace of mind for the new owner.Convenient Location: Situated in a desirable area of Abington, tenants enjoy proximity to local amenities, public transportation, and major highways, making it a highly attractive location for current and future occupancy.Investment Benefits:Turnkey Operation: With tenants in place and a recent roof replacement, this duplex is set up for seamless transition to the new owner.Tenant Independence: The arrangement of tenants paying for utilities reduces operational costs, enhancing the profitability of your investment.Adaptable for Personal Use: The option to convert the duplex for personal use or partial occupancy adds value, providing a flexible solution to meet your changing needs.Don’t miss out on this exceptional opportunity to own a piece of Abington's real estate market. Whether as a pure investment or a personal venture with income potential, this duplex represents a wise choice for the discerning buyer. Contact us today to schedule a viewing and take the first step towards your new investment.

Last Agent to Sell the Property

Lukasz Boczniewicz

Keller Williams Real Estate-Langhorne License #1973582 Listed on: 03/09/2024

Keller Williams Real Estate-Langhorne

Co-Listed By

Ariella Boczniewicz

Keller Williams Real Estate-Langhorne License #RS354852

Last Buyer's Agent

Brian Herrmann

Prime Real Estate Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1900

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 22.00 x 0.00
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Asbestos

Interior Spaces

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Private Parking
  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 3-Story Building
  • Abington Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance
  • Tax Lot 30
  • Assessor Parcel Number 30-00-49920-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,175

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All tenant's personal property
  • Historic: No
  • Inclusions: All appliances in as-is condition with no monetary value
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Exceptional Income-Producing Duplex in Prime Abington Locale Discover the perfect investment opportunity with this fully occupied duplex, centrally located in the heart of Abington, PA. Boasting a stellar occupancy history, this property is ideal for investors seeking a reliable income stream or for those aspiring to a savvy owner-occupied venture. Property Highlights: Versatile Investment: Whether you're looking to expand your portfolio or find a unique living arrangement, this duplex offers flexibility. Convert it into a single-family home, live in one unit while renting the other, or continue to lease both sides for maximum income potential. Strong Rental History: Fully occupied with active leases, this property guarantees immediate return on investment. Tenants are responsible for all utilities, ensuring a low-maintenance ownership experience. Recent Upgrades: The roof, replaced in February 2024, underscores our commitment to the property's maintenance, ensuring peace of mind for the new owner. Convenient Location: Situated in a desirable area of Abington, tenants enjoy proximity to local amenities, public transportation, and major highways, making it a highly attractive location for current and future occupancy. Investment Benefits: Turnkey Operation: With tenants in place and a recent roof replacement, this duplex is set up for seamless transition to the new owner. Tenant Independence: The arrangement of tenants paying for utilities reduces operational costs, enhancing the profitability of your investment. Adaptable for Personal Use: The option to convert the duplex for personal use or partial occupancy adds value, providing a flexible solution to meet your changing needs. Don’t miss out on this exceptional opportunity to own a piece of Abington's real estate market. Whether as a pure investment or a personal venture with income potential, this duplex represents a wise choice for the discerning buyer. Contact us today to schedule a viewing and take the first step towards your new investment.
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone, Slab
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2110
  • Living Area Sq Ft: 1660
  • Price Per Sq Ft: 225.90
  • Above Grade Finished Sq Ft: 1660
  • Below Grade Sq Ft: 450
  • Total Below Grade Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1575

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Asbestos
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Lighted Parking, Paved Driveway, Paved Parking, Private, Shared Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: ABINGTON
  • School District Key: 300200397027
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: AO

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 33900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3212.00
  • Tax Annual Amount: 4175.00
  • Assessor Parcel Number: 30-00-49920-009
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1660
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/04/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: ABINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 23, 2024
Sold by
1575 Old York Road Llc
Bought by
Hurgunow Anthony and Herrmann Brian
Seller's Agent
Lukasz Boczniewicz
Keller Williams Real Estate-Langhorne
Buyer's Agent
Brian Herrmann
Prime Real Estate Team
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
42
Current Estimated Value
$381,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064
Avg. Annual Appreciation
1.24%
Original Mortgage
$373,117
Outstanding Balance
$369,449
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$16,225

Purchase Details

Closed on
Oct 27, 2023
Sold by
Lavenduski Caroline H
Bought by
1575 Old York Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,375
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 27, 2019
Sold by
Mahon Patrick
Bought by
Lavenduski Caroline H
Seller's Agent
Elizabeth Murphy
Homestarr Realty
Buyer's Agent
Caroline Lavenduski
Keller Williams Real Estate-Langhorne
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$245,471
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 21, 2017
Sold by
Gallagher Margaret and Smith Margaret Ann
Bought by
Mahon Patrick
Seller's Agent
Joe Evangelisti
Nest Complete Home Solutions
Buyer's Agent
Elizabeth Murphy
Homestarr Realty
List Price
$125,000
Sold Price
$108,500
Premium/Discount to List
-$16,500
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.25%

Purchase Details

Closed on
Sep 24, 1971
Bought by
Smith Margaret Ann And
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hurgunow Anthony $380,000 Fidelity National Title
1575 Old York Road Llc $312,500 Bucks County Abstract
Lavenduski Caroline H $250,000 None Available
Mahon Patrick $108,500 --
Smith Margaret Ann And -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurgunow Anthony $373,117
Previous Owner 1575 Old York Road Llc $234,375
Previous Owner Lavenduski Caroline H $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $380,000 +1.3% $229 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $375,000 +50.0% $226 / Sq Ft
08/30/2019 08/30/19 Sold $250,000 -3.8% $151 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $260,000 -3.7% $157 / Sq Ft
06/11/2019 06/11/19 For Sale $270,000 +148.8% $163 / Sq Ft
11/21/2017 11/21/17 Sold $108,500 -13.2% $65 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $125,000 -- $75 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,226 $91,240 $35,580 $55,660
2023 $4,050 $91,240 $35,580 $55,660
2022 $3,919 $91,240 $35,580 $55,660
2021 $3,708 $91,240 $35,580 $55,660
2020 $3,655 $91,240 $35,580 $55,660
2019 $3,655 $91,240 $35,580 $55,660
2018 $3,656 $91,240 $35,580 $55,660
2017 $3,548 $91,240 $35,580 $55,660
2016 $3,512 $91,240 $35,580 $55,660
2015 $3,301 $91,240 $35,580 $55,660
2014 $3,301 $91,240 $35,580 $55,660
Source: Public Records

Agents Affiliated with this Home

  • Lukasz Boczniewicz

    Seller's Agent in 2024

    Lukasz Boczniewicz

    Keller Williams Real Estate-Langhorne

    (215) 757-6100

    4 in this area

    98 Total Sales

    Section Image
  • Ariella Boczniewicz

    Seller Co-Listing Agent in 2024

    Ariella Boczniewicz

    Keller Williams Real Estate-Langhorne

    (215) 971-4122

    2 in this area

    78 Total Sales

    Section Image
  • Brian Herrmann

    Buyer's Agent in 2024

    Brian Herrmann

    Prime Real Estate Team

    (267) 280-7393

    1 in this area

    7 Total Sales

    Section Image

  • E

    Seller's Agent in 2019

    Elizabeth Murphy

    Homestarr Realty

    Section Image
  • Caroline Lavenduski

    Buyer's Agent in 2019

    Caroline Lavenduski

    Keller Williams Real Estate-Langhorne

    (215) 534-5701

    44 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Joe Evangelisti

    Nest Complete Home Solutions

See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2097702

Bright MLS

APN: 30-00-49920-009

Pennsylvania Montgomery County Abington Township Abington

1575 Old York Rd, Abington Township, PA

This home is located at 1575 Old York Rd, Abington, PA 19001 since 09 March 2024 and is currently estimated at $400,798, approximately $241 per square foot. This property was built in 1900. 1575 Old York Rd is a home located in Montgomery County with nearby schools including Overlook Elementary School, Abington Middle School, and Abington Senior High School.

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