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Previous Description:
Prime Investment Opportunity in Elkins Park! Discover this fully tenant-occupied duplex at 114 Cadwalader Ave, ideally situated in a highly desirable neighborhood known for its charm, convenience, and sought-after school district. With a 6.41% cap rate, this property offers strong, reliable cash flow from day one, perfect for both new and seasoned investors looking to add a stable asset to their portfolio.
The first and second floor unit features 3 spacious bedrooms, 1 full bathroom, and an additional private toilet room located near the laundry area behind the kitchen providing added convenience for tenants. The third-floor unit offers a comfortable and well-maintained 1-bedroom, 1-bath layout. The property is equipped with four mini-split systems for efficient heating and cooling throughout the home, enhancing tenant comfort and long-term appeal.
Located in the heart of Elkins Park, this duplex benefits from strong rental demand, proximity to public transit, parks, shops, and local amenities. Whether you’re expanding your investment footprint or searching for a turnkey, income-producing property in a premier location, 114 Cadwalader Ave is an opportunity you won’t want to miss.
Updated Description:
Prime Investment Opportunity in Elkins Park! This fully tenant-occupied duplex at 114 Cadwalader Ave is ideally located in a charming, convenient neighborhood within a sought-after school district. With a 6.41% cap rate, the property delivers reliable cash flow from day one—an excellent fit for both new and seasoned investors looking to secure a strong, stable asset.
The first and second floor unit features 3 spacious bedrooms, 1 full bathroom, and an additional private toilet room located near the laundry area behind the kitchen—an added convenience for tenants. The third-floor unit offers a well-maintained 1-bedroom, 1-bath layout. Four mini-split systems provide efficient heating and cooling throughout the home, boosting comfort and long-term rental appeal.
Tenants are scheduled to move out in February, giving the next owner the opportunity to owner-occupy and live in one unit while renting out the other, adding the benefit of offsetting housing costs with rental income.
Situated in the heart of Elkins Park, the property benefits from strong rental demand and close proximity to public transit, parks, shops, and everyday amenities. Whether you're growing your investment portfolio or seeking a flexible, income-producing property in a premier location, 114 Cadwalader Ave is an opportunity you won’t want to miss.
