$310,000
$330,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
2,739 SqFt
SOLD DATE : 03/22/2024
Key Details
Sold Price $310,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,739 sqft
Price per Sqft $113
Subdivision Lansdowne
MLS Listing ID PADE2059664
Sold Date 03/22/24
Style Colonial
Abv Grd Liv Area 2,739
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,621
Tax Year 2023
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 35.00 x 145.00
Property Description
Great Investment Opportunity Large Triplex Property in Prime Location.
Here's your chance to own a rare multifamily property in Delaware County nestled in the historic Lansdowne community.
Welcome to this exceptional investment opportunity with the ability to live in one unit and rent out the other two or rent out the entire building for maximum passive income. Current owner resided and maintained this property for years, now it's your turn to add some modern renovations to bring the building to its full potential. There are not many triplex offerings this size and at this price in the area, making this Ideal for savvy investors seeking a lucrative rental property in a sought-after location.
Stewart Avenue sits in prime location near schools, hospitals, local restaurants, shopping centers, minutes from the airport and rail system, the historic Lansdowne Theater, all ensuring high tenant demand.. With an ample amount of community amenities, as the new owner you will have no difficulty securing tenants for your units.
Unit Details:
Unit 1: 1 bedroom, 1 bathroom, spacious kitchen, and living area.
Unit 2: 2 bedrooms, 1 bathroom, with natural light, and carpet.
Unit 3: 2 bedrooms, 1 bathroom, perfect for a larger family, with a rear exit door to back stair case and yard.
Detached 2 Car Garage ample parking for tenants and large gated yard space for entertaining.
Individual meters for utilities, providing convenience for tenants.
Investment Highlights:
This triplex investment property presents an incredible opportunity for positive cash flow and long-term appreciation in a thriving rental market. Whether you're an experienced investor or new to real estate investing, this property promises a secure and profitable venture.
Schedule a viewing today and seize this excellent investment opportunity!
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning R-10
Rooms
Basement Partially Finished
Interior
Interior Features Carpet
Hot Water 60+ Gallon Tank
Heating Hot Water
Cooling Ceiling Fan(s), Window Unit(s)
Fireplaces Number 2
Fireplace Y
Heat Source Oil
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 4.0
Utilities Available Electric Available
Water Access N
View City
Accessibility 2+ Access Exits
Total Parking Spaces 4
Garage Y
Building
Lot Description Front Yard
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Penn Wood
School District William Penn
Others
Tax ID 23-00-03004-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
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Bought with Mohammed S Ullah • BHHS Fox&Roach-Newtown Square
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
tyronetoneytherealtor@gmail.com
4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States