124 W Baltimore Avenue, Lansdowne, PA 19050 | MLS PADE2063436 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
Contingent
$450,000  

124 W Baltimore Avenue
Lansdowne, PA 19050

Business Opportunities
Commercial
4,218
Sq. Ft.
N/A
Acre Lot
Courtesy: Realty One Group Focus
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.
PADE2063436
Business Opportunities, Other
DELAWARE
1940
Public
Brick,Stone,Stucco
Public Sewer
4,218 Sq. Ft.
1 Total
Interior Features
Heating
Gas Heat. Forced Air.
Exterior / Lot Features
Parking
8 Parking Spaces.
Exterior
Stucco, Brick, Stone
Lot Dimensions
50.00 x 220.00
Financial Considerations
23-00-00271-00
$12,313
Courtesy: Realty One Group Focus
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