Philadelphia, PA 19131 4910 Lancaster Avenue

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Presented By: KW Empower
  • MLS# PAPH2383770
  • 08/06/2024
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  • Beds • 3

Home Details

An impressive rent roll with plenty of room for forced appreciation, 4910 Lancaster is a cash cow today and is well-positioned for an even stronger tomorrow. Anchored by a gorgeously designed salon on the first floor, this property hosts 3 residential, 1 bedroom apartments upstairs and a first floor studio. 2 units are month to month and a 3rd expires soon - all are ready for upgrades to meet pro forma rent. Separately metered with electric heat, newer hot water heaters and stoves. The numbers speak for themselves. Please reach out for pro forma and schedule your showing today.
Presented By: KW Empower

Interior Features for 4910 Lancaster Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
FlooringTile/Brick, Wood, Carpet
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas, Electric

General for 4910 Lancaster Avenue

Acceptable FinancingConventional, Cash
AccessibilityNone
Architectural StyleTraditional
Cap Rate9.00
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
Gross Income41700.00
HeatingBaseboard - Electric
Home Warranty Y/NNo
Insurance Expense1200.00
Lease TypeMonth to Month, Long Term
Location TypeUrban
Lot Size Square Feet1250.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
MaintenanceExpense2899.00
ModificationTimestamp2025-03-31T14:34:27
MunicipalityPHILADELPHIA
Net Operating Income32500.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count3
Operating Expense9110.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysWater
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG122.34
Property ConditionAverage
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount2171.0
Tax Assessed Value155100.0
Tax Lot87
Tax Year2022
Total Actual Rent42780.00
Total SQFT2820
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningCMX2

Exterior for 4910 Lancaster Avenue

Foundation DetailsBrick/Mortar, Stone
Land Assessed Value31000.00
Land Use CodeY50
Lot Dimensions20.00 x 56.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $345,000
MLS#PAPH2383770
List Date 08/06/2024
Property Type Multi-Family
Phone 703.929.4729
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