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124 W Baltimore Avenue Lansdowne, PA $ 450,000
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$ 450,000 Get more info
124 W Baltimore Avenue
$ 450,000
Back to search
Share Save

124 W Baltimore Avenue

Lansdowne, PA, 19050
$ 450,000
Baths0.0 Sq 4,218

Monthly Estimate*

$ 2,991

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Studio

Commercial Property for sale in Lansdowne, PA

for $450,000. This 4,218 square foot building was built in 1940.

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.

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Commercial Contingent

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,313

Style

Apartment Building

Year Built

1940

Town/City

Lansdowne

County/Region

Delaware

MLS | Web ID

PADE2063436
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning A-50
Construction Materials Stucco Other Stone Brick
Year Built 1940
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality LANSDOWNE BORO
Business Type Apartment Building
Accessibility None
County DELAWARE
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions GPS
City LANSDOWNE
Buyer Agent Compensation 2.5
Total Units 1
MLS Area Lansdowne Boro (10423)
Lot Size Square Feet 0.00
Waterfront Y/N N
Street Name BALTIMORE
Tax Annual Amount 12313.0
Price Per Sq Ft Total 106.69
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 29
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 716-000
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4218.00
Lot Dimensions 50.00 x 220.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 146700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Realty One Group Focus

Broker

mcbelfon@gmail.com

Email

Affordability Calculator

$4,017
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$1,026
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2024$450,000 Listed Price

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124 W Baltimore Avenue, Lansdowne, PA, 19050 is a Commercial Property for sale at $450,000 with 4,218 sqft. 124 W Baltimore Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 19050 which is in Lansdowne, PA

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