$705,000
SOLD MAR 31, 2025

32 W 3rd St Lansdale, PA 19446

-- Bed
-- Bath
-- Sq Ft
6,900 Sq Ft Lot

Recently Sold

13% Above List Price

Highlights

  • Hot Water Heating System
  • North Penn Senior High School Rated A
  • 4-minute walk to Lansdale

About This Home

As of March 2025

**INVESTOR ALERT** It doesn't get any better than this. Terrific investment opportunity in the heart of Lansdale. Solidly built, 6 unit apartment building with 6 one-bedroom units, one block from the Lansdale train station, all with under-market rents presenting immediate value-add potential. Gas and electric are separately metered and paid by the tenants. The building features a private parking lot in the rear with additional off-street parking, ensuring convenience for tenants. A coin-operated laundry facility in the basement and individual storage lockers for each apartment. Low maintenance exterior and current Lansdale rental license. Short stroll to Lansdale's vibrant Main Street, with shops, restaurants, brew pubs, a retro arcade and so much more. Enjoy First Fridays, parades, festivals and all of the other great activities Lansdale has to offer. Excellent opportunity for investors looking to maximize cash flow. Your tenants will love living here! Open house CANCELLED

Last Agent to Sell the Property

Dino D'Orazio

Keller Williams Real Estate-Blue Bell Listed on: 02/21/2025

Keller Williams Real Estate-Blue Bell

Co-Listed By

Gina Dorazio

Keller Williams Real Estate-Blue Bell License #RS349012

Last Buyer's Agent

Breffny Rouse

RE/MAX Reliance License #RS279142

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,276

Year Built

  • Built in 1963

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House

Schools

  • North Penn Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Insurance Expense $3,400

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 11-00-16560-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,276

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-02-25
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Remarks Public: **INVESTOR ALERT** It doesn't get any better than this. Terrific investment opportunity in the heart of Lansdale. Solidly built, 6 unit apartment building with 6 one-bedroom units, one block from the Lansdale train station, all with under-market rents presenting immediate value-add potential. Gas and electric are separately metered and paid by the tenants. The building features a private parking lot in the rear with additional off-street parking, ensuring convenience for tenants. A coin-operated laundry facility in the basement and individual storage lockers for each apartment. Low maintenance exterior and current Lansdale rental license. Short stroll to Lansdale's vibrant Main Street, with shops, restaurants, brew pubs, a retro arcade and so much more. Enjoy First Fridays, parades, festivals and all of the other great activities Lansdale has to offer. Excellent opportunity for investors looking to maximize cash flow. Your tenants will love living here! Open house CANCELLED
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NORTH PENN
  • High School: NORTH PENN SENIOR
  • School District Key: 300200397039
  • School District Source: Listing Agent
  • High School: NORTH PENN SENIOR

Lot Info

  • Land Use Code: 4200
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6900.00
  • Year Assessed: 2025
  • Zoning: RC

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 7272.00
  • Tax Annual Amount: 10276.00
  • Assessor Parcel Number: 11-00-16560-007
  • Tax Lot: 043
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/31/2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: NORTH PENN

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $705,000 +12.8% --
02/21/2025 02/21/25 For Sale $624,900 +39.5% --
08/06/2015 08/06/15 Sold $447,900 0.0% --
06/19/2015 06/19/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $447,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2129866

Bright MLS