Sold
Last Sold Price
7 beds5 baths4,386 sqft
18 Old Lancaster Rd, Merion Station, PA 19066
Multi FamilyProperty Type
0.10 acresLot Size
1930Year Built
$114/sq ftPrice per sq ft
6 carsParking Spaces

Description

This 5 unit Handsome stone and brick building is located in a Fantastic Lower Merion location, perfect for the long term investor. It is convenient for college students and young professionals also Most of the apartments have been recently updated with newer roofs, washer/dryers, electrical systems, heaters and hot water heaters. There are 3 2 bedroom apartments, 1 one bedroom apartment and an efficiency. There is also two off street parking spaces and 2 side yards. All separate utilities except...This 5 unit Handsome stone and brick building is located in a Fantastic Lower Merion location, perfect for the long term investor. It is convenient for college students and young professionals also Most of the apartments have been recently updated with newer roofs, washer/dryers, electrical systems, heaters and hot water heaters. There are 3 2 bedroom apartments, 1 one bedroom apartment and an efficiency. There is also two off street parking spaces and 2 side yards. All separate utilities except water! Even though there are 5 units, the building is only zoned for 4 units. This building is a Cash Cow in a Premier location, just outside of the city! Schedule your appointment today!
  • Listed by: Michael R. McCann 215.709.4141 mccann@mccannteam.com • BHHS Fox & Roach-Center City Walnut
  • Listed by: Stuart C Cohen 215.275.0800 scohen@mccannteam.com • BHHS Fox & Roach-Center City Walnut
Listing closed: 01/27/2016 12:00 AM • Source: BRIGHT, MLS#: 1003470423

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Property Information for 18 Old Lancaster Road

Property Details
  • Taxes: $4,868 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 40-00-44088-008
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Detached
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Subdivision: MERION
  • Subdivision: MERION (MONTGOMERY PA)
  • Cross Street: EDGEHILL
  • Municipality: LOWER MERION TWP
  • Total Parking Spaces: 4
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 4,386.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
Building Information
  • Year Built: 1930
  • Lot Size: 0.10 AC / 4,504 SF
Location
Location
  • School District Name: LOWER MERION
  • School District County ID: 300200396851
  • County: MONTGOMERY
  • MLS Area: Lower Merion Twp (10640)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2015
  • Tax Assessed Value: $145,000
  • Land Use Code: 1134
  • Zoning: R6A
  • Tax Lot: 362
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 7/31/16
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTH TO MONTH
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 10/31/15
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 11/30/16
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 6/30/16
Financial Information
Expenses
  • Insurance Expense: $2,600
  • Water Sewer Expense: $4,200
  • Annual Gross Expense: $11,668
Financial Information
  • Gross Income: $48,780
Building Info
Building Info
  • Total Finished SQFT: 4,386.00
  • Total SQFT: 4,386.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 84
  • Sign On Property: Yes
  • Parcel ID: 730249
Parking
Parking
  • Type Of Parking: Other
  • Total Non-Garage Parking Spaces: 2
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: Has Laundry
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Gas
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.mccannteam.com

Property History for 18 Old Lancaster Road

DateEvent & SourcePriceAppreciation
Jan 27, 2016

Closed (Public Record)

Public Record #564983453

$500,000

+13.6% / yr

Jan 27, 2016

Closed

BRIGHT #1003470423

$500,000—
Nov 10, 2015

Pending

BRIGHT #1003470423

—
DateEvent & SourcePrice
01/27/2016

Closed (Public Record)

Public Record #564983453

$500,000

+13.6% / yr

01/27/2016

Closed

BRIGHT #1003470423

$500,000
11/10/2015

Pending

BRIGHT #1003470423

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Old Lancaster Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,624 ($552 / month)
Home Facts
Baths3.5Total Finished SqFt5,480 SqFtAbove Grade Finished SqFt4,386 SqFtFinished Basement SqFt1,094 SqFtStories3Lot Size4,504 SqFtStyleTriplexYear Built1930Year Renovated2011ZoningR6ACountyMONTGOMERYAPN40-00-44088-00-8

Schools near 18 Old Lancaster Road

This home is within Lower Merion School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 11
Rating
School
Distance
Merion El School
PublicK to 4

Bala-Cynwyd Middle School
Public5 to 8

Lower Merion High School
Public9 to 12

Ijoba Shule
PrivatePK to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.