| Type: Units: Total Kitchens: Total Baths: Parking: Age: Schools: |
| 126 W. Baltimore Avenue, Lansdowne PA |
| Heat: Water: Sewer: Basement: Fireplace: Electric: |
| 1st Floor Unit with large wrap-around porch could be used as owner's unit. Income from Unit 2 & 3 would cover expenses for mortgage, taxes and insurance. Victorian Twin - 3 Unit Apartment with a 4th unit possible in Basement. Two units have 2 Bedrooms. The Basement unit has a Kitchen, Bathroom, Living Room and 1 bedroom but needs 2nd outside access to meet code. Each unit has separate heat. Shared Gas Hot Water. Major renovations completed including new roof, new electric and new paint/carpet in public areas. New paving for driveway is scheduled to be completed prior to closing. 1st and 2nd floor units rented to long term tenants but current lease is month-to-month for flexibility to new owner. 3rd floor will be available shortly after renovations are completed. Great Location ... 3 blocks to Septa R3 and quick access to center City. Location on Baltimore Avenue makes it easy to advertise for new tenants. Half Acre Treed Lot. PARTIAL SELLER FINANCING/ASSIST AVAILABLE |
| Property Details |
| Purchase Price: $209,000 Availabilty: Immediatly Annual Taxes: $5,932 Gross Rent Multiplier: 7.9 Est. Cap Rate: 8% Note: Cap Rate could be over 10% with potential Income from Basement Unit PARTIAL SELLER FINANCING/ASSIST AVAILABLE |
| Financial Information |
| DIRECTIONS South on Lansdowne Ave - West (Right) on Baltimore - Left into Driveway |
| CONTACT INFORMATION For more Information or to schedule a tour call or email 610-639-7698 info@ beaconassociate.com |
| Just Renovated |
| NEW * Roof * Electric * Driveway |
| Scroll for more Info. |
| Great Investment Opportunity |
| 3 Units with 4th Unit Possible |
| Unit Information |
| Rooms Bedrooms Full Baths Occupied Rent Other 4 1 1 Y $700 Porch 6 2 2 Y $750 Being upgraded to 2 BRs 4 2 1 N $700 4 1 1 N ?? Needs 2nd Outside access |
| Victorian Twin (Apts) 3 (4 possible) 4 5 6 car parking lot Approx. 63 years William Penn |
| Electric in 3 units Seperate Heat Public Public Full/Unfinished 2 Fireplaces - Non-Use 200 - 300 Amp |
| Unit 1st Floor 2nd Floor 3rd Floor Basement |