56 W ALBEMARLE AVE Pending

Lansdowne,PA 19050

$ 350000

- Bed

- Bath

3146 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,146 sqft

Price per Sqft $111

MLS Listing ID PADE2074756

Style Traditional

Year Built 1936

Annual Tax Amount $14,694

Tax Year 2024

Lot Size 6,534 Sqft

Property Description

BACK ON MARKET!!! Investors Alert!!!! Discover the perfect blend of charm, functionality, and investment potential at 56 W Albemarle Ave, Lansdowne. Whether you?re an investor seeking a solid multi-unit property or a live-in landlord envisioning the ease of owning rental units, this purpose-built quadplex offers everything you need for long-term success. Unlike converted properties, this building was designed from the ground up to be a four-unit residence, ensuring thoughtful layouts and utility metering for each tenant's comfort and your peace of mind.

As you approach this well-maintained building on a quiet, tree-lined street, you?ll immediately notice the attention to detail and care put into the property. Step inside to a welcoming shared entryway that leads to four spacious, light-filled units, each designed to offer both comfort and functionality. Picture tenants or yourself settling into one of the bright living rooms, with ample space for relaxing, entertaining, or working from home. Each unit features a generous bedroom, providing a tranquil retreat at the end of the day, along with a fully-equipped bathroom and a large eat-in kitchen?a space where renters can easily imagine gathering for meals or hosting friends.

The convenience continues with dual access points for each unit, giving tenants their own private rear entrance in addition to the front entry, making comings and goings seamless and private. Downstairs, the basement offers shared coin operated laundry facilities and extra storage space, adding even more appeal to prospective tenants who value convenience.

For the investor, this property is a dream: each unit is separately metered for electric, gas, and hot water, meaning tenants are responsible for their own utilities, reducing your overhead costs and streamlining management. The back of the property features a spacious parking area, an added benefit that tenants will appreciate, and a 4-car detached garage that offers additional income potential through rental opportunities (all garages currently rented).

Located just moments from parks, restaurants, major thoroughfares, and easy access to both Center City Philadelphia and Philadelphia International Airport, this property is perfectly positioned to attract long-term renters. While some units may benefit from minor updates, the building is in excellent condition and ready for its next owner to take it to the next level.

Whether you?re looking to grow your investment portfolio or live in one unit while renting out the others, 56 W Albemarle Ave offers you flexibility and stability and is one of Delaware County?s most desirable quadraplexes currently available. Don?t miss out on this chance to own a piece of Lansdowne?CASH & CONVENTIONAL offers ONLY.

Envision the possibilities, and take the first step toward making this quadplex your own. Reach out today to schedule a viewing!

Location

State PA

County Delaware

Area Lansdowne Boro (10423)

Zoning R-40 FOUR FAMILY

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Hardwood,Laminated

Inclusions Washer Dryer in Basement

Exterior

Exterior Feature Balconies- Multiple

Garage Garage - Rear Entry

Garage Spaces 8.0

Waterfront N

Water Access N

View Garden/Lawn,Street

Roof Type Architectural Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District William Penn

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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