501 W Moreland Rd

Do not miss this affordable investment property that is ready to be added to your portfolio! Whether you’re an investor expanding your portfolio or a buyer looking to live in one unit while your tenant helps pay the mortgage, this property checks all the right boxes. Unit 1, located on the first floor, is a spacious one-bedroom, one-bath apartment featuring in-unit laundry, an eat-in kitchen with gas cooking, and a bright, open living area filled with natural light. Unit 2 , on the second floor, offers two bedrooms and one bath, along with its own in-unit laundry and access to a large third-floor storage attic, perfect for seasonal items or additional tenant flexibility. Both units are currently vacant. Each unit has separate hot water heating systems and individual electric and gas meters, while water is ratio-billed to tenants, keeping ownership straightforward and expenses easy to manage. The property sits on a corner lot with a large driveway for multiple vehicles and a fenced yard providing outdoor space for both tenants to enjoy. The unfinished basement offers significant storage and convenient access to mechanicals. Ideally located just minutes from Willow Grove Park Mall, Route 611, PA Turnpike access, and SEPTA Regional Rail, this duplex is in a highly desirable rental area with strong tenant demand. Don’t miss your chance to own a well-positioned, income-producing property in a prime Montgomery County location!