44-46 Runnemede Ave | Lansdowne, PA 19050
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- LoopNet Team
44-46 Runnemede Ave
Lansdowne, PA 19050
44 - 46 Runnemede Ave · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Submarket is 95%-98% occupied
- A new owner can achieve rental premiums of $100-200 per month
- Rental upside: rents are currently $50-$75 below market rate in current condition
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 7,092 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1905 |
| Building Class | C | Parking Ratio | 0.42/1,000 SF |
| Zoning | commercial | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,092 SF |
| No. Stories | 3 |
| Year Built | 1905 |
| Parking Ratio | 0.42/1,000 SF |
| Zoning | commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $461,300 | |
| Land Assessment | $153,700 | Total Assessment | $615,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$153,700
Improvements Assessment
$461,300
Total Assessment
$615,000
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