4910 Lancaster Ave Philadelphia, PA 19131
Carroll Park NeighborhoodEstimated payment $2,094/month
Total Views
3,904
--
Bed
--
Bath
2,820
Sq Ft
$122
Price per Sq Ft
Highlights
- Traditional Architecture
- 1-minute walk to Lancaster Avenue And 49Th Street
- Electric Baseboard Heater
- Wood Flooring
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,171
Year Built
- Built in 1925
Lot Details
- 1,250 Sq Ft Lot
- Lot Dimensions are 20.00 x 56.00
- Property is in average condition
Parking
- On-Street Parking
Home Design
- 2,820 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Foundation
- Stone Foundation
- Masonry
Flooring
- Wood
- Carpet
- Tile or Brick
Location
- Urban Location
Utilities
- Electric Baseboard Heater
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 87
- Assessor Parcel Number 871206450
Community Details
Overview
- 4 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $1,200
- Maintenance Expense $2,899
- Manager Expense $2,615
- Operating Expense $9,110
- Gross Income $41,700
- Net Operating Income $32,500
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,171 | $154,600 | $30,920 | $123,680 |
| 2024 | $2,171 | $154,600 | $30,920 | $123,680 |
| 2023 | $2,171 | $155,100 | $31,000 | $124,100 |
| 2022 | $1,796 | $155,100 | $31,000 | $124,100 |
| 2021 | $1,796 | $0 | $0 | $0 |
| 2020 | $1,796 | $0 | $0 | $0 |
| 2019 | $1,779 | $0 | $0 | $0 |
| 2018 | $1,727 | $0 | $0 | $0 |
| 2017 | $1,579 | $0 | $0 | $0 |
| 2016 | $1,562 | $0 | $0 | $0 |
| 2015 | $1,512 | $0 | $0 | $0 |
| 2014 | -- | $112,800 | $12,500 | $100,300 |
| 2012 | -- | $6,400 | $1,204 | $5,196 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Price Changed | $345,000 | -4.2% | $122 / Sq Ft |
| 08/06/2024 08/06/24 | For Sale | $360,000 | -- | $128 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $210,000 | Gateful Abstract Llc | |
| Deed | $4,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2383770
APN: 871206450
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