CHARIS REALTY GROUP

Converted Dwelling

50 LEXINGTON AVENUE

LANSDOWNE, PA 19050

MLS#: PADE2126712

$450,000

Status: Active
Listing number: PADE2126712
Listing provided by: Premier Property Management & Realty LLC
Listing agent phone: None
Last update: 5 days ago
On site: 8 days ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

4,356

Great opportunity to own a four-unit multifamily property at 50 Lexington Avenue in Lansdowne, PA. This quadplex features a desirable mix of unit sizes, consisting of two 1-bedroom, 1-bathroom units, one 2-bedroom, 1-bathroom unit, and one 3-bedroom, 1-bathroom unit. The property currently generates a combined monthly rental income of $4,723, totaling $56,676 in annual rental income. With four separate residential units and a variety of floor plans, this property offers an attractive opportunity for investors looking to expand their rental portfolio and generate ongoing rental income. Conveniently located in Lansdowne, within Delaware County, the property offers access to local shopping, restaurants, public transportation, major roadways, and surrounding communities. Whether you’re an experienced investor looking to grow your portfolio or seeking a multifamily property with established rental income, this quadplex is worth a look!

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4356.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Lot Size(square feet)

    5,663

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Converted Dwelling

Price

  • Sales Price

    $450,000

  • Tax Amount

    $10,343

  • Sq. Footage

    4,356

  • Price/SqFt

    $103

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    318-000

  • Water Source

    Public

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Location

County

DELAWARE

Elementary School

Middle School

High School

Listing Courtesy of Robert Stranix, Premier Property Management & Realty LLC

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Agent Rachel Gardner

Salesperson, Realtor

Rachel Gardner

Call Rachel today to schedule a private showing.

(814) 977-4341

rachel@charisrealty.com


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Great opportunity to own a four-unit multifamily property at 50 Lexington Avenue in Lansdowne, PA. This quadplex features a desirable mix of unit sizes, consisting of two 1-bedroom, 1-bathroom units, one 2-bedroom, 1-bathroom unit, and one 3-bedroom, 1-bathroom unit. The property currently generates a combined monthly rental income of $4,723, totaling $56,676 in annual rental income. With four separate residential units and a variety of floor plans, this property offers an attractive opportunity for investors looking to expand their rental portfolio and generate ongoing rental income. Conveniently located in Lansdowne, within Delaware County, the property offers access to local shopping, restaurants, public transportation, major roadways, and surrounding communities. Whether you’re an experienced investor looking to grow your portfolio or seeking a multifamily property with established rental income, this quadplex is worth a look!

50 LEXINGTON AVENUE

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