7301 Chestnut Ave, Melrose Park, PA 19027

Opportunity is knocking! HUGE Triplex Situated on an oversized lot in Elkins Park located just .3 miles from the Melrose Park Train Station. It is the perfect mix of modern conveniences and old world charm. The owner has occupied the first floor and rented the other units. As you walk up to the home you are greeted by a wrap around screened in porch on the first floor which leads you into the foyer of the home. The 1st floor unit is spacious with 1731 sq feet. There are 3 GOOD sized bedrooms and 2 bathrooms. Included in that is an owners suite. The living room features an electric fireplace that is ideal on the cold winter nights. The kitchen has been remodeled with SS appliances, newer cabinets, granite counters, bar seating, and tile backsplash. For all your storage needs there is a walk out basement with laundry, and utilities. As an added bonus, there is also solar panels that are owned with 12 years left on their warranty. They are connected to the first floor unit. Excess energy made is expressed as a credit in their PECO bill. Leading up to the 2nd and 3rd unit you are greeted by a covered porch which has been shared by the tenants. The 2nd Floor offers 1228 sq feet with 2 bedrooms and 1 bath. Newer Ark Fault electric has been installed, washer and dryer, as well as replacement windows. The third floor offers 717 sq ft with 1 Bedroom and 1 bath. Also there are two garages on the property which could also be rented out. There is a 3 car garage and a 2 car garage. There is no shortage of storage here! Utilities: each unit is billed separately for gas & electric. Water & Sewer is one bill for all units.