32 Owen Ave | Lansdowne, PA 19050
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- LoopNet Team
32 Owen Ave
Lansdowne, PA 19050
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Submarket is 95%-98% occupied
- A new owner can achieve rental premiums of $100-$200 per month by doing some renovations
- Rental upside: rents are currently an average of $58 below market rate in current condition
PROPERTY FACTS
| No. Units | 5 | Building Size | 2,932 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1895 |
| Lot Size | 0.27 AC | Parking Ratio | 3.75/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 2,932 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1895 |
| Parking Ratio | 3.75/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 23-00-02424-00 | Improvements Assessment | $228,000 |
| Land Assessment | $84,500 | Total Assessment | $312,500 |
PROPERTY TAXES
Parcel Number
23-00-02424-00
Land Assessment
$84,500
Improvements Assessment
$228,000
Total Assessment
$312,500
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