NOT LISTED FOR SALE

75 W Baltimore Ave Lansdowne, PA 19050

Estimated Value: $408,375 - $435,000

-- Bed
4 Baths
3,284 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $398,392 $121 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,077/month

1 Day on Market

Highlights

  • 0.21 Acre Lot
  • 2-minute walk to Lansdowne
  • Garden View
  • Traditional Architecture
  • Wood Flooring
  • 1-minute walk to The Lansdowne Landing

About This Home

As of October 2024

Welcome to 75 W Baltimore Ave, a true standout in the desirable Lansdowne, PA, offering a rare mix of charm, opportunity, and potential for both investors and owner-occupants alike. This stately quadraplex, nestled on a tree-lined street, immediately draws you in with its classic appeal and promises a lifestyle of convenience and comfort in the heart of Delaware County.

Inside, you’ll find one charming studio apartment and three spacious two-bedroom units, each thoughtfully designed with open, light-filled living spaces. Imagine tenants or yourself enjoying large windows that flood the rooms with natural light, expansive living rooms perfect for relaxing or entertaining, and kitchens with plenty of space for cooking and dining. Every unit is meticulously maintained, providing both comfort and peace of mind, ensuring minimal upkeep for years to come. The flexible layout means the property works for just about anyone, whether you're imagining families, young professionals, or retirees calling this home.

Each unit also boasts private exterior entrances, offering residents an added layer of privacy and convenience—ideal for attracting long-term tenants. Outside, the property continues to impress with a spacious driveway for ample parking and a fully rented four-car detached garage, generating even more income. This is not just a home; it’s a turnkey investment ready to deliver strong returns from day one.

The building is set up for smooth management, with each unit individually metered for gas and electric, allowing tenants to handle their own utilities. As the owner, you’ll appreciate the streamlined setup of covering only the property’s shared utilities—house electric, gas, and water—keeping your overhead costs simple and predictable. The property’s upkeep has been stellar, allowing you to step in with confidence, knowing this building is in excellent condition and ready for its next chapter.

The location couldn’t be better. Situated in a prime spot in Lansdowne, you’re minutes from local shopping, parks, and public transportation. Need to commute? You’re just a quick drive from major roadways that lead to Center City Philadelphia, Philadelphia International Airport, and the surrounding areas, making this property ideal for tenants seeking both tranquility and access to the city’s best.

This is not just a property; it's a golden opportunity to build wealth, whether you’re planning to rent all four units or live in one while tenants cover your mortgage. The potential here is endless. Don’t miss your chance to own a property that promises both immediate returns and long-term gains. Schedule your appointment today and come see why 75 W Baltimore Ave is the perfect addition to your real estate portfolio.

Cash or conventional offers only. Act fast and bring your best offer—opportunities like this don’t come around often!

Last Agent to Sell the Property

Philip Winicov

(610) 613-5771 phil@philwinicov.com RE/MAX Preferred - Newtown Square License #RS336040 Listed on: 09/07/2024

RE/MAX Preferred - Newtown Square

Last Buyer's Agent

John Gallagher

(610) 547-5566 johng1@remax.net RE/MAX Hometown Realtors

RE/MAX Hometown Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50.00 x 217.00
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 4 Driveway Spaces
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • 3,284 Sq Ft Home
  • Garden Views
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Multiple Balconies
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water, common area maintenance, lawn/shrub care, sewer maintenance, real estate taxes
  • Tax Lot 235-000
  • Assessor Parcel Number 23-00-00308-00

Community Details

Overview

  • 4 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-09-07
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 3284
  • Price Per Sq Ft: 115.41
  • Above Grade Finished Sq Ft: 3284
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Masonry
  • Exterior Features: Sidewalks, Street Lights, Flood Lights, Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 217.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Roof, Wrap Around
  • Property Condition: Good
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL R-40
  • Zoning Description: Residential R-40 Four Family 50x217

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Owner Pays: Water, Common Area Maintenance, Lawn/Shrub Care, Sewer Maintenance, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 7679.00
  • Tax Annual Amount: 10292.00
  • Assessor Parcel Number: 23-00-00308-00
  • Tax Lot: 235-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Gross Income: 46392.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: WILLIAM PENN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 8, 2024
Sold by
Phillips Charles S
Bought by
Kjr2 Rei Llc
Seller's Agent
Philip Winicov
RE/MAX Preferred - Newtown Square
Buyer's Agent
John Gallagher
RE/MAX Hometown Realtors
List Price
$379,000
Sold Price
$398,392
Premium/Discount to List
$19,392
5.12%
Views
25
Current Estimated Value
$421,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,452
Avg. Annual Appreciation
5.15%
Original Mortgage
$318,714
Outstanding Balance
$315,267
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$106,577

Purchase Details

Listed on
Oct 8, 2014
Closed on
Sep 8, 2015
Sold by
Schmidt Richard G and Schmidt Nancy E
Bought by
Phillips Dorothy B and Phillips Charles S
Seller's Agent
Trudy Bradley
Compass RE
Buyer's Agent
Stephen Di Enno
Keller Williams Real Estate - Media
List Price
$259,900
Sold Price
$200,000
Premium/Discount to List
-$59,900
-23.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$140,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1998
Sold by
Galbraith Richard P
Bought by
Schmidt Richard G and Schmidt Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kjr2 Rei Llc $398,392 None Listed On Document
Phillips Dorothy B $200,000 None Available
Schmidt Richard G $180,000 Security Search & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjr2 Rei Llc $318,714
Previous Owner Phillips Dorothy B $140,000
Previous Owner Schmidt Richard G $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $398,392 +5.1% $121 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $379,000 +89.5% $115 / Sq Ft
09/09/2015 09/09/15 Sold $200,000 -23.0% $61 / Sq Ft View Prior Sale
08/05/2015 08/05/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $259,900 -- $79 / 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 $10,292 $249,980 $67,770 $182,210
2024 $10,292 $249,980 $67,770 $182,210
2023 $9,812 $249,980 $67,770 $182,210
2022 $9,620 $249,980 $67,770 $182,210
2021 $14,446 $249,980 $67,770 $182,210
2020 $8,659 $132,030 $34,530 $97,500
2019 $8,514 $132,030 $34,530 $97,500
2018 $8,367 $132,030 $0 $0
2017 $8,183 $132,030 $0 $0
2016 $725 $132,030 $0 $0
2015 $725 $132,030 $0 $0
2014 $739 $132,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2074772

Bright MLS

APN: 23-00-00308-00