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About the Listing 61014 - 3136540
Photos of interiors have been virtually staged. Existing tenant personal items and furniture replaced with virtual items. **Turn-Key Investment Opportunity in Horsham!** Discover this meticulously maintained, fully occupied duplex in the heart of Horsham—a perfect addition to your portfolio or an ideal "house-hacking" opportunity. This property offers strong cash flow, low owner overhead, and recent capital improvements that ensure peace of mind for years to come. **Financial Highlights** * **Gross Annual Income:** $42,600 * **Low Operating Expenses:** $6,900 (Taxes & Insurance) * **Tenant Paid Utilities:** Tenants handle electricity, trash, snow removal, and lawn care. * **Strong Yield:** Rare separate utility setup minimizes landlord responsibility. **Property Features** Both units feature a spacious **2-bedroom, 1-bathroom** layout with thoughtful updates: * **Unit 1 (First Floor):** Recently refreshed with **New Coretec flooring** in the living room and **new plush carpet** in the bedrooms. The kitchen and bath feature durable ceramic tile. Leased through 02/28/2027 at **$1,800/mo**. * **Unit 2 (Second Floor):** Well-maintained with carpeted living areas and ceramic tile in the kitchen and bath. Currently on a **month-to-month lease at $1,750/mo**, offering flexibility for owner-occupants or market-rate adjustments. * **Mechanicals & Exterior:** Major big-ticket items are already done! Enjoy a **brand-new roof**, low-maintenance **vinyl siding**, and **replacement windows** throughout. * **Storage:** Each unit includes **separate basement storage** areas, a highly coveted amenity for tenants. **The Location** Situated in a prime Horsham location with easy access to local parks, shopping, and major commuter routes. **Showings by appointment only. Do not disturb tenants.**
Listing Highlights
Status
Pending
Days on Site
23
Property Type
Multi-Family
MLS ®
PAMC2175088
Year Built
1973
Total Square Footage
1,920
Lot/Acreage
0.18
County
Montgomery
Area
Horsham Twp (10636)
School District
Hatboro-Horsham
Middle School
Keith Valley
High School
Hatboro-Horsham Senior
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1920
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 80.00 x 0.00
- Zoning: RESIDENTIAL MULTIFAMILY
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,616
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
325 Olive Ave Horsham, PA 19044
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