NOT LISTED FOR SALE

23 N Wycombe Ave Lansdowne, PA 19050

Estimated Value: $285,000 - $296,000

-- Bed
3 Baths
2,129 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 07, 2025

Last sale price $295,000 $139 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,137/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Traditional Floor Plan
  • Main Floor Bedroom
  • 3-minute walk to Sycamore Park

About This Home

As of March 2025

Welcome to 23 N. Wycombe Ave - This well-maintained brick Triplex presents an excellent investment opportunity and is comprised of 3 -One bedroom units with main unit currently occupied with long term reliable tenant and the other two awaiting new occupants boasting fresh paint, updated kitchen and baths, and new wall to wall carpeting. Separate utilities for gas and electric for all three units and off-street parking for multiple cars. Unit 1 (Main Floor) features a living room, eat-in kitchen, bedroom, full bath, stackable washer/dryer, spacious closet, additional room/den area, along with Central Air and new Gas Heat (1st floor only) . There is also an inviting front porch to sit out and enjoy your morning coffee. Second and third floor units are cozy and light filled with plenty of windows and closet space. Basement is spacious and provides additional storage space as needed for tenants. This is a great opportunity for investors looking to expand their portfolio or savvy buyers seeking a multi-family property with income potential. The location is very desirable with the building blocks away from the Lansdowne train station/public library, one block from Baltimore Ave., and a plethora of shopping and dining options within a short drive. This property offers the best of both worlds-urban convenience in a suburban setting. This one won't last - schedule your showing today!

Last Agent to Sell the Property

Christina Faidley

Property Merchants, LLC License #RS201750L Listed on: 12/10/2024

Co-Listed By

Peter Todd-Burke

Property Merchants, LLC

Last Buyer's Agent

Matthew Lenza

Real Broker LLC License #RS-0022348

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 33.00 x 226.00
  • Backs To Open Common Area
  • Landscaped
  • Back and Side Yard
  • Property is in good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Architectural Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,129 Sq Ft Home
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Dining Area
  • Unfinished Basement
  • Interior Basement Entry
  • Fire Escape

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting

Community Details

  • 3-Story Building
  • 2 Vacant Units

Listing and Financial Details

  • The owner pays for snow removal, water, trash collection, real estate taxes, personal property taxes, common area maintenance
  • Tax Lot 388-001
  • Assessor Parcel Number 23-00-03658-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,139

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial, Traditional
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All Appliances in As- Is condition with no monetary value
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Welcome to 23 N. Wycombe Ave - This well-maintained brick Triplex presents an excellent investment opportunity and is comprised of 3 -One bedroom units with main unit currently occupied with long term reliable tenant and the other two awaiting new occupants boasting fresh paint, updated kitchen and baths, and new wall to wall carpeting. Separate utilities for gas and electric for all three units and off-street parking for multiple cars. Unit 1 (Main Floor) features a living room, eat-in kitchen, bedroom, full bath, stackable washer/dryer, spacious closet, additional room/den area, along with Central Air and new Gas Heat (1st floor only) . There is also an inviting front porch to sit out and enjoy your morning coffee. Second and third floor units are cozy and light filled with plenty of windows and closet space. Basement is spacious and provides additional storage space as needed for tenants. This is a great opportunity for investors looking to expand their portfolio or savvy buyers seeking a multi-family property with income potential. The location is very desirable with the building blocks away from the Lansdowne train station/public library, one block from Baltimore Ave., and a plethora of shopping and dining options within a short drive. This property offers the best of both worlds-urban convenience in a suburban setting. This one won't last - schedule your showing today!
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Energy Star Refrigerator, Microwave, Oven - Self Cleaning, Oven/Range - Gas
  • Flooring Type: Carpet, Ceramic Tile, Wood, Vinyl
  • Interior Amenities: Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In
  • Window Features: Double Pane, Energy Efficient
  • Fireplace: No
  • Foundation Details: Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access
  • Total Sq Ft: 2129
  • Living Area Sq Ft: 2129
  • Price Per Sq Ft: 145.56
  • Above Grade Finished Sq Ft: 2129
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Fire Escape
  • Roof: Architectural Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: R-30
  • Lot Features: Backs - Open Common Area, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 33.00 x 226.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Good
  • Year Assessed: 2025
  • Zoning: R-30 THREE FAMILY
  • Zoning Description: Three story Triplex

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Snow Removal, Water, Trash Collection, Taxes - Real Estate, Taxes - Personal Property, Common Area Maintenance
  • Vacation Rental: No

Tax Info

  • School Tax: 5234.00
  • Tax Annual Amount: 7139.00
  • Assessor Parcel Number: 23-00-03658-00
  • Tax Lot: 388-001
  • Tax Total Finished Sq Ft: 2129
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Close Date: 03/07/2025

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Mar 7, 2025
Sold by
Property Merchants Llc
Bought by
Mulligan Patrick A
Seller's Agent
Christina Faidley
Property Merchants, LLC
Buyer's Agent
Matthew Lenza
Real Broker LLC
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Views
122
Current Estimated Value
$292,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,551
Avg. Annual Appreciation
-3.05%
Original Mortgage
$221,250
Outstanding Balance
$221,067
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$71,382

Purchase Details

Closed on
Jun 26, 2024
Sold by
Mahan Stephen G and Mahan Barbara
Bought by
Property Merchants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1993
Sold by
Mahan Jr Stephen G
Bought by
Mahan Stephen G and Mahan Barbara A
Source: Public Records

Range of Values:

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Average Value
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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
Mulligan Patrick A $295,000 Germantown Title
Mulligan Patrick A $295,000 Germantown Title
Property Merchants Llc $215,000 Fidelity National Title
Mahan Stephen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulligan Patrick A $221,250
Closed Mulligan Patrick A $221,250
Previous Owner Property Merchants Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $295,000 -4.8% $139 / Sq Ft
12/10/2024 12/10/24 For Sale $309,900 -- $146 / 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
2024 $7,016 $170,400 $37,130 $133,270
2023 $6,689 $170,400 $37,130 $133,270
2022 $6,557 $170,400 $37,130 $133,270
2021 $9,847 $170,400 $37,130 $133,270
2020 $4,738 $72,250 $24,300 $47,950
2019 $4,659 $72,250 $24,300 $47,950
2018 $4,579 $72,250 $0 $0
2017 $4,478 $72,250 $0 $0
2016 $397 $72,250 $0 $0
2015 $405 $72,250 $0 $0
2014 $405 $72,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2076082

Bright MLS

APN: 23-00-03658-00