Duplex for sale in Abington.
Second floor available to be owner-occupied after April 1, 2010.
1721 Ferndale Avenue, Abington,
PA
Well Cared For Duplex - Each unit has 2bdrms / 1 bath - 2
Block Walk to Trains, Shops & Restaurants
Being offered at $264,900
Year Built: 1950
Sq Footage: 1,808; Lot Size : 4,687 sq. ft
2 Bedrooms per unit, Each
unit has a full bath, 2 Floors
PROPERTY FEATURES
- Central heat -
Living room - Refrigerator
- Stove/Oven -
Basement - Washer
- Dryer -
Laundry area - inside
OTHER SPECIAL FEATURES
- Separated Utilities / All New Windows / Low Maintenance
Plenty
of on street parking; .; Utilities Separate
- Tenants pay
Annual taxes: $3,787
DESCRIPTION
Currently, both units are occupied. Second floor available to be owner-occupied
as of April 1st, 2010. Property will qualify for a partial first
time buyers credit (between $4,000 and
$5,000). (*See below for info from IRS).
First time home buyers, condo buyers, empty nesters,
students, commuters consider a
duplex. It makes so much sense financially. This beautiful
and spacious duplex has been well cared for and is convenient to everything.
Within easy walking distance of trains and buses and, in award winning Abington
township, this duplex has a long list of great features. With separate
utilities and low operating expenses - this is a fantastic buy for an investor
or an owner/occupant. Both units have 2 bedrooms and 1 bath and both boast
newer kitchens, their own laundry facilities and all new windows. The 1st floor
unit has a front porch plus access to the basement while the 2nd floor has a
beautiful open floor plan with an eat-in-kitchen. Both units share the nice
size back yard. Priced to sell and close to Penn
State's Abington Campus, the Willow
Grove Mall, Abington Hospital
and many stores and shops.
*This information is directly from the IRS:
Q. I purchased a duplex home with two separate dwelling
units. I will live in one dwelling and will rent out the other dwelling unit
and report the rental income on Schedule E. May I qualify for the first-time
homebuyer credit, and what amount do I use for the purchase price to determine
the amount of the credit?
A. Yes, you may qualify for the credit for the dwelling unit
that you use as your principal residence. To determine the amount of your
credit, you must allocate the purchase price of the duplex between the two
separate dwelling units. You may not use the entire purchase price of the
duplex to determine the amount of your credit.
(see
http://www.irs.gov/newsroom/article/0,,id=206291,00.html)
Contact this seller