$950,000
Estimated Payment$4,487/mo
Multi-Family For Sale

55 E Main St, Lansdale, PA 19446

Multi-Family Home In Lansdale

Kw Commercial is pleased to exclusively present for purchase, this investment property in the heart of Lansdale, Pa. 55 E Main St consists of a 12 unit Rooming House, a retail storefront, and four garages. All units have stayed consistently fully occupied with a waiting list over the length of ownership and the property's superintendent lives right around the corner, making this a passive investment with significant upside. There is a huge market for this type of rental with no competition in the surrounding area and a long track record of providing housing for these shorter term tenants, even though most tenants stay over a year. Leases in place for all tenants. Gas heaters and gas hot water heaters are newer and in great shape. Potential to add 3 additional rooms on top floor.

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55 E Main St
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Location
55 E Main St Lansdale, PA 19446
Home Details

Listing Details

General

  • Total Number of Units: 4

    Financial Details

    Tax Details

    • Annual Tax Amount: 7097

      Location Details

      Region

      • City/Region: Lansdale Borough

        MLS Details

        General

        • Days on Homes.com: 48
        • MLS Number: PAMC2001047
        • Listed: 10/14/2021
        • Last Updated: 11/29/2021
        • Offered By: Keller Williams Real Estate - West Chester
        • Listing Source: Bright Mls
        Monthly Payment Calculator

        $4,487

        Estimated Mortgage
        Principal & Interest
        $3,204
        Insurance
        $333
        Taxes
        $950
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Nearby Schools
        • Knapp Elementary School
          Class size: 12Distance: 0.97 mi
          B
        • Penndale Middle School
          Class size: 13Distance: 0.40 mi
          B+
        • North Penn Senior High School
          Class size: 14Distance: 1.79 mi
          A
        Points of Interest

        Colleges

        Distance
        • Gwynedd Mercy College
          4.7 mi
        • Montgomery County Community College
          6.3 mi
        • Temple University
          8.1 mi

        Military Bases

        Distance
        • Willow Grove Naval Air Station
          11.1 mi
        • Naval Air Development Center
          14.7 mi

        Shopping Centers

        Distance
        • Hillcrest Shopping Center
          0.6 mi
        • The Pavilion at Lansdale
          0.7 mi
        • Main & Mitchell
          0.8 mi
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        Listing Agent
        Richard Diprimio
        Keller Williams Real Estate - West Chester
        Lansdale, PA
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        $950,000

        55 E Main St

        Lansdale, PA 19446

        Richard Diprimio
        Keller Williams Real Estate - West Chester