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!
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Listing Snapshot
Price
$450,000
Days On Site
15 Days
Bedrooms
7
Inside Area (SqFt)
4,356 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.13 Acres
Year Built
1910
MLS Number
PADE2126712
Status
Active
Property Tax
$10,343
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS
2 weeks ago
Status changed to Active
2 weeks ago
Listing first seen on site
General Features
Acres
0.13
Foundation
Stone
Parking
On Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
4356
SqFt Total
4356
Style
Converted Dwelling
Water Source
Public
Zoning
4 UNIT
Interior Features
Appliances
Gas Water Heater
Basement
Full
Heating
Natural GasHot Water
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Exterior Features
Construction Details
Frame
Pool Features
None
Community Features
MLS Area
Lansdowne Boro (10423)
School District
WILLIAM PENN
Schools
School District
WILLIAM PENN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Premier Property Management & Realty LLC
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