$ 475,000
-
$475,000
Price -
3
Bed - Bath
-
1,823
SqFt
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About the Listing KELWLMDA - 3188408
Welcome to 501 West Moreland Road, a solid duplex that offers both flexibility and immediate income potential. Whether you’re an investor expanding your portfolio or a buyer looking to live in one unit while your tenant helps pay the mortgage, this property checks all the right boxes. Unit 1, located on the first floor, is a spacious one-bedroom, one-bath apartment featuring in-unit laundry, an eat-in kitchen with gas cooking, and a bright, open living area filled with natural light and is currently rented at $1495 per month on an annual lease. Unit 2 , on the second floor, offers two bedrooms and one bath, along with its own in-unit laundry and access to a large third-floor storage attic, perfect for seasonal items or additional tenant flexibility. This unit has been left intentionally vacant to allow flexibility for the new owner. Each unit has separate hot water heating systems and individual electric and gas meters, while water is ratio-billed to tenants, keeping ownership straightforward and expenses easy to manage. The property sits on a corner lot with a large driveway for multiple vehicles and a fenced yard providing outdoor space for both tenants to enjoy. The unfinished basement offers significant storage and convenient access to mechanicals. Ideally located just minutes from Willow Grove Park Mall, Route 611, PA Turnpike access, and SEPTA Regional Rail, this duplex is in a highly desirable rental area with strong tenant demand. Don’t miss your chance to own a well-positioned, income-producing property in a prime Montgomery County location!
Listing Highlights for 501 W Moreland Rd
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
PAMC2160096
Year Built
1925
Total Square Footage
1,823
Lot/Acreage
0.14
Interior Details
- Bedrooms: 3
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiator
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 1823
- Below Ground Sq Ft: 0
- Basement: Full,Interior Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 48.00 x 0.00
- Zoning: RESIDENTIAL DUPLEX
- Roof: Pitched,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: $6,005
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
501 W Moreland Rd Willow Grove, PA 19090
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