126 N WYCOMBE AVE Lansdowne, PA 19050
3,452 SqFt
UPDATED:
01/30/2025 02:44 PM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,452 sqft
Price per Sqft $166
MLS Listing ID PADE2082976
Style Converted Dwelling
Abv Grd Liv Area 3,452
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $11,713
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 100 x 126
Property Description
Don't miss this incredible opportunity to own a well-maintained 4-unit multi-family property in the heart of Lansdowne! Perfect for investors seeking strong rental income or an owner-occupant looking to offset their mortgage with rental income.
Property Breakdown:
Unit 1B (Vacant – Ideal for Owner-Occupant!): First-floor 1-bedroom unit, recently renovated from top to bottom—move-in ready! $1,400/month projected rent.
Unit 2B (Vacant): Spacious second-floor 3-bedroom unit, ready for a new tenant or customization. $2,000/month projected rent.
Unit A1 (Rented – $1,650/month until 1/31/26): First-floor 2-bedroom unit, providing immediate cash flow.
Unit A2 (Rented – $1,950/month until 8/31/25): Second-floor 3-bedroom unit, generating strong rental income.
Financials & Expenses:
Total Annual Rental Income (Fully Rented): $44,400 actual, $84,000 projected
Annual Taxes: $11,713
Annual Insurance: $1,738
This property offers a fantastic mix of stability and opportunity, with two units already rented at market rates and two vacant units allowing for owner occupancy or new leases at competitive prices.
Located in desirable Lansdowne, close to shopping, dining, public transportation, and major roadways, this versatile investment won't last long!
Schedule a showing today!
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning NEIGHBORHOOD RESIDENTIAL
Rooms
Basement Full, Outside Entrance
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade
New Construction N
Schools
School District William Penn
Others
Tax ID 23-00-03598-00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
GET MORE INFORMATION