NOT LISTED FOR SALE

107 E Stewart Ave Lansdowne, PA 19050

Estimated Value: $314,000 - $374,000

-- Bed
3 Baths
2,739 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $310,000 $113 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,483/month

12 Days on Market

Highlights

  • City View
  • 2 Fireplaces
  • More Than Two Accessible Exits
  • Colonial Architecture
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of March 2024

Great Investment Opportunity Large Triplex Property in Prime Location.
Here's your chance to own a rare multifamily property in Delaware County nestled in the historic Lansdowne community.
Welcome to this exceptional investment opportunity with the ability to live in one unit and rent out the other two or rent out the entire building for maximum passive income. Current owner resided and maintained this property for years, now it's your turn to add some modern renovations to bring the building to its full potential. There are not many triplex offerings this size and at this price in the area, making this Ideal for savvy investors seeking a lucrative rental property in a sought-after location.
Stewart Avenue sits in prime location near schools, hospitals, local restaurants, shopping centers, minutes from the airport and rail system, the historic Lansdowne Theater, all ensuring high tenant demand.. With an ample amount of community amenities, as the new owner you will have no difficulty securing tenants for your units.
Unit Details:
Unit 1: 1 bedroom, 1 bathroom, spacious kitchen, and living area.
Unit 2: 2 bedrooms, 1 bathroom, with natural light, and carpet.
Unit 3: 2 bedrooms, 1 bathroom, perfect for a larger family, with a rear exit door to back stair case and yard.
Detached 2 Car Garage ample parking for tenants and large gated yard space for entertaining.
Individual meters for utilities, providing convenience for tenants.
Investment Highlights:
This triplex investment property presents an incredible opportunity for positive cash flow and long-term appreciation in a thriving rental market. Whether you're an experienced investor or new to real estate investing, this property promises a secure and profitable venture.
Schedule a viewing today and seize this excellent investment opportunity!

Last Agent to Sell the Property

Aldeshawn Atkins

(215) 776-9200 aatkins@elitelevelrealty.com Elite Level Realty License #RS339442 Listed on: 01/08/2024

Last Buyer's Agent

Mohammed Ullah

(267) 278-3238 mohammed.ullah@foxroach.com BHHS Fox&Roach-Newtown Square License #RS323777

BHHS Fox&Roach-Newtown Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,621

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00 x 145.00
  • Front Yard
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage
  • Shared Driveway

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,739 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Carpet
  • City Views
  • Fire Escape
  • Partially Finished Basement

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Penn Wood High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 120/240V
  • 60+ Gallon Tank

Community Details

  • Lansdowne Subdivision
  • 3 Vacant Units

Listing and Financial Details

  • The owner pays for pest control, lawn/shrub care, insurance, heat, snow removal, trash collection, water
  • Tax Lot 235-000
  • Assessor Parcel Number 23-00-03004-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,621

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great Investment Opportunity Large Triplex Property in Prime Location. Here's your chance to own a rare multifamily property in Delaware County nestled in the historic Lansdowne community. Welcome to this exceptional investment opportunity with the ability to live in one unit and rent out the other two or rent out the entire building for maximum passive income. Current owner resided and maintained this property for years, now it's your turn to add some modern renovations to bring the building to its full potential. There are not many triplex offerings this size and at this price in the area, making this Ideal for savvy investors seeking a lucrative rental property in a sought-after location. Stewart Avenue sits in prime location near schools, hospitals, local restaurants, shopping centers, minutes from the airport and rail system, the historic Lansdowne Theater, all ensuring high tenant demand.. With an ample amount of community amenities, as the new owner you will have no difficulty securing tenants for your units. Unit Details: Unit 1: 1 bedroom, 1 bathroom, spacious kitchen, and living area. Unit 2: 2 bedrooms, 1 bathroom, with natural light, and carpet. Unit 3: 2 bedrooms, 1 bathroom, perfect for a larger family, with a rear exit door to back stair case and yard. Detached 2 Car Garage ample parking for tenants and large gated yard space for entertaining. Individual meters for utilities, providing convenience for tenants. Investment Highlights: This triplex investment property presents an incredible opportunity for positive cash flow and long-term appreciation in a thriving rental market. Whether you're an experienced investor or new to real estate investing, this property promises a secure and profitable venture. Schedule a viewing today and seize this excellent investment opportunity!
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2739
  • Living Area Sq Ft: 2739
  • Price Per Sq Ft: 120.48
  • Above Grade Finished Sq Ft: 2739
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Shared Driveway
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: Fuses, 120/240V
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WILLIAM PENN
  • High School: PENN WOOD
  • High School Source: Listing Agent
  • School District Key: 300200397351
  • School District Source: Listing Agent
  • High School: PENN WOOD

Lot Info

  • Land Use Code: R-10
  • Lot Features: Front Yard
  • Lot Size Acres: 0.11
  • Lot Dimensions: 35.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R-10

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Pest Control, Lawn/Shrub Care, Insurance, Heat, Snow Removal, Trash Collection, Water
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5707.00
  • Tax Annual Amount: 7621.00
  • Assessor Parcel Number: 23-00-03004-00
  • Tax Lot: 235-000
  • Tax Total Finished Sq Ft: 2739
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/22/2024

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 8, 2024
Sold by
Okeefe Kathleen
Bought by
Ciceron Jean B and Grand-Pierre Jean E
Seller's Agent
Aldeshawn Atkins
Elite Level Realty
Buyer's Agent
Mohammed Ullah
BHHS Fox&Roach-Newtown Square
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
62
Current Estimated Value
$349,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,208
Avg. Annual Appreciation
7.88%
Original Mortgage
$279,000
Outstanding Balance
$274,368
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$74,840

Purchase Details

Closed on
Apr 8, 1983
Sold by
Hallinan Jr John J and Hallinan Cecilia M
Bought by
Okeefe Kathleen
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ciceron Jean B $310,000 None Listed On Document
Okeefe Kathleen $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciceron Jean B $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $310,000 -6.1% $113 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $330,000 -- $120 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,649 $185,780 $35,950 $149,830
2024 $7,649 $185,780 $35,950 $149,830
2023 $7,292 $185,780 $35,950 $149,830
2022 $7,149 $185,780 $35,950 $149,830
2021 $10,736 $185,780 $35,950 $149,830
2020 $6,056 $92,340 $23,530 $68,810
2019 $5,954 $92,340 $23,530 $68,810
2018 $5,852 $92,340 $0 $0
2017 $5,723 $92,340 $0 $0
2016 $507 $92,340 $0 $0
2015 $517 $92,340 $0 $0
2014 $517 $94,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2059664

Bright MLS

APN: 23-00-03004-00