#PADE2082702, Mohammad Sabir, Listing Office: RE/MAX Preferred - Malvern
$6,828
closing credit¹
126 N Wycombe Ave Lansdowne, PA 19050
Property details
About 126 N Wycombe Ave
Turnkey 4-Unit Multi-Family in Prime Lansdowne Location – Ideal for Investors or Owner-Occupants! 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!
Highlights
(ACTIVE)
Summary
- MLS Number: PADE2082976
- MLS Name: BRIGHT
- Office Name: Milia Team Realty
- Office Phone: (484) 872-8336
- Office Email: patrick@miliateam.com
- Listing Agent: Patrick Milia
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Last updated on: 2/1/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
126 N Wycombe Ave
$6,828
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 29, 2022 | Home Sold | $320,000 |
May 06, 2005 | Home Sold | $189,000 |
Jan 06, 2003 | Home Sold | $194,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $216,720 | $8,922 |
2023 | $216,720 | $8,340 |
2022 | $216,720 | $8,340 |
2021 | $216,720 | $12,523 |
2020 | $94,240 | $6,180 |
2019 | $94,240 | $6,076 |
2018 | $94,240 | $5,972 |
2017 | $94,240 | $5,840 |
History based on county public records data.
Nearby schools
4
East Lansdowne Elementary School
Public District KG-6
0.3 mi
•401 Emerson Ave
4
Ardmore Avenue School
Public District KG-6
0.7 mi
•161 Ardmore Ave
3
Stonehurst Hills Elementary School
Public District KG-5
0.7 mi
•7051 Ruskin Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,931. Most Lansdowne, PA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 126 N Wycombe Ave in Lansdowne, PA and zip code 19050. This 3,452 square foot home, which was built in 1940, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $575,000.
While more than 5 listings in Lansdowne, PA in December 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 9 were sold below. Between November and December 2024, Lansdowne, PA real estate market has seen increase in the number of listings by 4.1%. While the average time on the market in December 2024 was 32 days, the median list price was $260,000.