• 124 GREENWOOD AVE, WYNCOTE, Pennsylvania, 19095

  • $115,000
124 Greenwood Avenue is a beautiful building - both sides of a twin - in the heart of Olde Wyncote. A short walk from the Jenkintown Train Station, this piece of Victorian architectural history was constructed in 1898...and while it's in need of a new owner to restore it, one can still see the incredible charm of an era long gone. Huge sweeping rooms, brick fireplaces, wood flooring and trim throughout, balconies, nine foot ceilings, large front wrap-around porches to name a few. Additionally both sides have been upgraded with some modern conveniences, newer central AC, newer electric services, a huge parking area to name a few. The current layout, as you'll see in the photos, has very few dividing walls, which leaves you a tremendous relatively blank canvas with which to create the new spaces. These two sides have been combined with most of the party wall removed, and most recently it was used as office space. The C3 commercial zoning allows for commercial, mixed use, residential, and even multi-family use. It's been agreed upon by this agent and others that the highest and best use of these two parcels is unquestionably either to convert them back to two residential twins, or potentially seeking to convert to two twin duplexes. In either case - buyer is encouraged to speak with Cheltenham Township for all due diligence relative to use. Please see documents to give more information about dimensions, and agent can provide more photos upon request. This is not a building to simply walk by - it's a chance to own a piece of Olde Wyncote history. If converted back to residential dwellings this would be an in-demand rental being so close to the station and downtown Jenkintown. Easy access to Route 309, the PA Turnpike, Jenkintown's shopping district...it's got it all. Some imagination is all it takes. Make your appointment now! *** Please note - this price of $115K is PER EACH SIDE, and it must be sold as a package deal along with 126 Greenwood Avenue for a total of $230K.
(215) 646 - 2900
PostedNovember 01, 2017