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506 Ryers Avenue
Cheltenham, PA 19012

$325,000 - Status: ACTIVE
SQFT: 1,280
MLS# PAMC2192908

Welcome to 506 Ryers Ave in Cheltenham, a well-maintained duplex offering flexibility for an owner-occupant, investor, or buyer looking to combine homeownership with rental income. The property features two separate one-bedroom units, each offering comfortable living space along with recently renovated kitchens and newer appliances and newer windows. Thoughtful updates have already been completed, while still providing the next owner with opportunities to make additional improvements and personalize the property over time. Current tenant is paying $950 per month. A major highlight is the off-street parking for up to four cars—an especially valuable feature for a multi-unit property. Residents can also enjoy the rear yard, while the large basement provides generous space for storage, utilities, and additional property needs. The two-unit configuration creates several possibilities. Live in one unit and rent the other to help offset monthly housing expenses, or add the property to an investment portfolio as a long-term rental. With updated kitchens, off-street parking, outdoor space, and ample basement storage already in place, the property offers a solid foundation for its next owner. Conveniently located in Cheltenham with access to nearby shopping, transportation, major roadways, and the surrounding Philadelphia area, 506 Ryers Ave is an opportunity to own a versatile two-unit property with both immediate functionality and future potential.

Property Features

MLS#: PAMC2192908
Zip: 19012
Subdivision:
Development: Cheltenham Township
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Wall Unit, Window Unit(s)
Days on Site: 19
Fuel Type: Natural Gas
Heating: Central
Home Style: Traditional
Lot Size: 0.08 acres
Taxes: $7,416
Year Built: 1965

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot Dimensions: 0.08 Acre(S)
Municipality: CHELTENHAM TWP
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 4
Units: 2
Water: Public

Local Schools

School District: CHELTENHAM

506 Ryers Avenue | MLS# PAMC2192908

This multi-family property located at 506 Ryers Avenue, Cheltenham, PA 19012 is currently listed for sale with an asking price of $325,000. Ryers Avenue is located within the CHELTENHAM school district. Search Cheltenham real estate on anitareber.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 2159237600

Shown By

Agent Name: Anita Reber
Agent Phone: (570) 956-3370
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Anita Reber (570) 956-3370

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Estimated Payment

$ 2,563.51 per month $1,850.72 Principal & Interest $618.00 Property Tax $94.79 Homeowner's Insurance

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