$445,000
BEDS
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FULL_BATHS
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1/2 BATHS
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SQFT
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ACTIVE MLS # PADE2063436, Listed by Realty ONE Group Focus
124 W Baltimore Ave , Lansdowne Boro is a $445,000 home located in Lansdowne, PA.
Seller’s Description
PRICE ADJUSTMENT!!! 5 unit cash flowing apartment building. This is a rare opportunity to own a cash flowing property with that is well maintained and currently below market rents. This building is 3 one bedrooms apartments and 2 two bedroom apartments. Gross yearly revenue when fully occupied is $56,100 and that's not even up to market rates! Market rent for one bedroom is approximately $1050 and for a two bedroom $1200, that's a gross rent of $66,600. All units except for the 1st floor share utilities which is paid by the landlord. Room to improve value/cash flow by separating utilities. Front unit tenant just moved out after long term tenancy. The unit is ready for value add upgrades, don't miss this opportunity to add this cash cow to your portfolio.
Features
INTERIOR
| Appliances | Hot Water - Natural Gas |
| Interior Features | Accessibility Features - None |
| Cooling Types | None Cooling Fuel - None |
| Heating Types | Forced Air Heating Fuel - Natural Gas Owner Pays - Heat Heating - Yes |
EXTERIOR
| # Parking Spaces | 8 |
| Parking Types | Parking Type - Lot |
| Exterior Features | Owner Pays - Electricity |
| Construction Types | Brick Other Stone Stucco |
| Water Source | Owner Pays - Water Public |
| Sewer | Public Sewer |
PROPERTY
| Attribution Contact | 4845001681 |
| Property Type | Commercial Sale |
| Property Sub Type | Five Or More Units |
| Style | Business Type - Apartment Building Standard Fee Simple Grocery/Supermarket Health/Natural Food |
| Year Built | 1940 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $12,358.00 |
| County | delaware |
| School District | william penn |
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Copyright BRIGHT, All Rights Reserved. Data last updated 09/10/2024 at 11:28pm MDT. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Information deemed reliable but not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
