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$310,000
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Property Description
Great Investment Opportunity Large Triplex Property in Prime Location. Here's your chance to own a rare multifamily property in Delaware County nestled in the historic Lansdowne community. Welcome to this exceptional investment opportunity with the ability to live in one unit and rent out the other two or rent out the entire building for maximum passive income. Current owner resided and maintained this property for years, now it's your turn to add some modern renovations to bring the building to its full potential. There are not many triplex offerings this size and at this price in the area, making this Ideal for savvy investors seeking a lucrative rental property in a sought-after location. Stewart Avenue sits in prime location near schools, hospitals, local restaurants, shopping centers, minutes from the airport and rail system, the historic Lansdowne Theater, all ensuring high tenant demand.. With an ample amount of community amenities, as the new owner you will have no difficulty securing tenants for your units. Unit Details: Unit 1: 1 bedroom, 1 bathroom, spacious kitchen, and living area. Unit 2: 2 bedrooms, 1 bathroom, with natural light, and carpet. Unit 3: 2 bedrooms, 1 bathroom, perfect for a larger family, with a rear exit door to back stair case and yard. Detached 2 Car Garage ample parking for tenants and large gated yard space for entertaining. Individual meters for utilities, providing convenience for tenants. Investment Highlights: This triplex investment property presents an incredible opportunity for positive cash flow and long-term appreciation in a thriving rental market. Whether you're an experienced investor or new to real estate investing, this property promises a secure and profitable venture. Schedule a viewing today and seize this excellent investment opportunity!
Full Property Details
Full Property Details for 107 E Stewart Ave
General
- Sold For: $310,000
- Taxes: $7,621 (2023)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PADE2059664
- Added to Site: 774 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Carpet
- Fireplace: Yes
- Number of Fireplaces: 2
Exterior
- Exterior Features: Fire Escape
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Shared Driveway
- Parking Type: Detached Garage, Driveway
- Garage Description: Garage - Rear Entry
Location
- Area: Lansdowne Boro (10423)
- Municipality: LANSDOWNE BORO
- County: Delaware
- Development Name: Lansdowne
- Subdivision: Lansdowne
- Driving Directions: Please utilize GPS for exact directions from your starting point.
School Information
- School District: William Penn
- High School: Penn Wood
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 2,739
- Sq. Ft. Source: Assessor
- Living Area: 2,739 Sq. Ft.
- Finished Above Grnd: 2,739 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
Lot Features
- Property View: City
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size Source: Assessor
- Lot Dimensions: 35.00 x 145.00
- Lot Features: Front Yard
- Zoning: R-10
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $120.48
- Assessment Year: 2023
- School Tax: $5,707
- City/TownTax: $1,356
- City/TownTax Freq: Annually
- County Tax: $557
- County Tax Freq: Annually
- Tax w/Assessment: $185,780
- Tax Amount: $7,621
- Tax Year: 2023
- Terms: Standard Sale
- Owner Pays: Pest Control, Lawn/Shrub Care, Insurance, Heat, Snow Removal, Trash Collection, Water
- Landlord Pays: Pest Control, Lawn/Shrub Care, Insurance, Heat, Snow Removal, Trash Collection, Water
- Tax Total Finished Sq. Ft.: 2739
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 235-000
Listed by Elite Level Realty, Aldeshawn Atkins
Sold by BHHS Fox&Roach-Newtown Square, Mohammed S Ullah
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Schools
Schools serving 107 E Stewart Ave
School District:William Penn School District
| Name | Grades | Distance |
|---|---|---|
East Lansdowne El School 401 Emerson Avenue, East Lansdowne, PA 19050 | K-6 | 0.3 mi |
Penn Wood Middle School 121 Summit Street, Darby, PA 19023 | 7-8 | 1.7 mi |
Penn Wood High School 100 Green Avenue, Lansdowne, PA 19050 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 E Stewart Ave
Date
Details
Price
Change
Source
3/22/2024
Sold
$310,000
-6.06%
MLS
1/08/2024
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107 E Stewart Avenue, Lansdowne, PA 19050 (MLS# PADE2059664) is a Triplex property that was sold at $310,000 on March 22, 2024. Want to learn more about 107 E Stewart Avenue? Do you have questions about finding other Triplex real estate for sale in Lansdowne? You can browse all Lansdowne real estate or contact a Coldwell Banker agent to request more information.

