56 W Albemarle Avenue, Lansdowne, PA 19050-1141 $350,000
Interior Sq. Ft: 3,146
Acreage: 0.15
Age:88 years
Taxes: $14,694
Design/Type:
Detached
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!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer, 100 Amp Service
Garage/Parking
Detached Garage, Driveway, On Street, Garage - Rear Entry, Paved Parking, Private Parking, Detached Garage Spaces #: 4;
Interior
Unfinished Basement, Basement Walkout Stairs, Basement Windows, Hardwood Flooring, Laminated Flooring, Dry Wall, Carbon Monoxide Detector(s), Smoke Detector
Exterior
Block Foundation, Architectural Shingle Roof, Brick Exterior, Balconies- Multiple, Exterior Lighting, Flood Lights, Secure Storage, Sidewalks
Lot
Suburban, Garden/Lawn View, Street View, Paved Road
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The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (89 schools)
Public Middle (13 schools)
Public High (27 schools)
Private (95 schools)
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This report is a detailed community overview for Lansdowne (19050), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 33
- Average salary of people in this community: $44,923
Community Summary
- Population Density (ppl / mile): 7,584
- Household Size (ppl): 2.47
- Households w/ Children: 50%
Housing Inventory
- Owned: 6,570 (52.7%)
- Rented: 4,604 (37.0%)
- Vacant: 1,286 (10.3%)
- Total: 12,460
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.8%
- Some High School: 5.0%
- High School Graduate: 32.1%
- Some College: 20.2%
- Associate Degree: 9.6%
- Bachelor's Degree: 20.3%
- Graduate Degree: 11.1%
Income by dollar range
Median Income: $54,800
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $748
- One Bedroom: $870
- Two Bedroom: $1,064
- Three Bedroom: $1,216
- Four Bedroom: $1,105
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Contact our Customer Service Center
or call us at 302-234-5270
Listing Courtesy of: RE/MAX Preferred - Newtown Square , (610) 325-4100, michaeldadamo@comcast.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/20/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.