Investor Alert!!Introducing a great opportunity to purchase a spectacular property with flexible uses conveniently located across from Melrose Train Station and just off Cheltenham Ave. This classic stone building has over 5,000 sq ft of estimated living space in 3-stories. The spacious main level has bedrooms, kitchen, dining room, laundry rooms; 2nd floor has 4 bedrooms and a full bath; 3rd floor has bedrooms, full bath and kitchen. The fully finished basement suite (not included in above ground living space) has 2+ bedrooms, separate living area, kitchen, full bath and a laundry facility with direct access to the rear parking area. Additionally, there is approximately 1,000 sq ft of leasable commercial space attached to the main building that can produce additional income. Off street paved lot in rear of the building provides 6+ parking spaces and additional street parking is available out front. There are separate meters and heating for commercial unit and different parts of the building. This property is in M-2 multifamily zone making it flexible for investment or owner with large number of occupants. Why not live on the property and manage additional rent income!!
Off market
$638,400
735 Valley Rd, Melrose Park, PA 19027
8beds
0baths
6,433sqft
Other
Built in 1910
-- sqft lot
$638,400 Zestimate®
$99/sqft
$2,439 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- 2nd Kitchen
- Flooring: Hardwood
- Basement: Y
- Has fireplace: No
Interior area
- Total interior livable area: 6,433 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 10,454 sqft
Details
- Parcel number: 310027181004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial, Other
- Property subtype: Other
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Melrose Park
- Municipality: CHELTENHAM TWP
Other
Other facts
- Appliances: Refrigerator, Built-in Microwave, Exhaust Fan, Dryer, Microwave, Washer, Freezer, Built-In Range, Stove, Extra Refrigerator/Freezer
- HeatingYN: true
- CoolingYN: true
- StructureType: Detached
- NumberOfUnitsTotal: 4
- NumberOfUnitsInCommunity: 4
- Cooling: Window Unit(s), Ceiling Fan(s)
- ArchitecturalStyle: Colonial, Other
- SpecialListingConditions: Standard
- PropertySubType: Other
- ParkingFeatures: Off Street, Other, Secured, Lighted, Parking Lot, Concrete
- InteriorFeatures: 2nd Kitchen
- ConstructionMaterials: Mixed
- Heating: Baseboard - Hot Water
- Basement: Y
- MlsStatus: Active
- Municipality: CHELTENHAM TWP
Services availability

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$638,400
2% more+ $12,768
With Zillow Showcase(estimated)
$651,168