3842 Lancaster Avenue

Philadelphia, PA 19104

$1,200,000
Price
Beds
5,310 Sq. Ft.
$226 / Sq. Ft.
5,310
Sq. Ft.
$226
per Sq. Ft.

Description

Turnkey investment opportunity in 19104! This stabilized corner triplex is occupied through August of 2024, and is located in one of the most popular housing sections for students and young professionals in University City. The property has been well cared for and features in-demand finishes and features throughout. This stunning cash cow in the heart of University City is the perfect addition to any portfolio. The property totals 10 beds and 7 baths across four levels, and has always operated at...Turnkey investment opportunity in 19104! This stabilized corner triplex is occupied through August of 2024, and is located in one of the most popular housing sections for students and young professionals in University City. The property has been well cared for and features in-demand finishes and features throughout. This stunning cash cow in the heart of University City is the perfect addition to any portfolio. The property totals 10 beds and 7 baths across four levels, and has always operated at 100% occupancy. Some units are already rented for next year at an increased price. Contact for pro-forma and showing details. Rents unit 1 - 3: $2800; $1995; $1950. Property can be sold as a package with 3213 Haverford Ave.
  1. Listed by Jonathan Beaulieu
    P: 2159672668 jon@jbmpgroup.com

Property Details for 3842 Lancaster Avenue

Tax ID Number
241140605
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes

Location

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LISTING UPDATED: 03/20/2024 02:22 PM

Property Details for 3842 Lancaster Avenue

StatusActive
MLS #PAPH2324946
Days on Market67
Taxes$11,356 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2014
Lot Size0.02 AC / 921 SF
CountyPhiladelphia County

Location

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Virtual Tour

Building Information for 3842 Lancaster Avenue

Stories-Residences3Year Built2014Building Size-Lot Size0.02 AC / 921 SF

Payment Calculator

$7,495 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$946

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3842 Lancaster Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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: 2022
  • Tax Assessed Value: $811,300
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $649,040
  • City Town Tax: $5,124
  • Land Assessed Value: $162,260
  • Clean Green Assessed: No
  • Land Use Code: W51
  • Zoning: CMX1
  • Tax Lot: 114
  • School Tax: $6,231
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 3
  • Number Of Units Vacant: 0
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 5,310.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 38.00 x 49.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1026606
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: None chosen (Non-REALTOR/Stockholder)
  • List Agent URL: www.jbmpgroup.com

Property History for 3842 Lancaster Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3842 Lancaster Avenue

Taxable ValueLand$162,260Additions$649,040Total$811,300
Tax Record2023$11,357 ($946 / month)
Home Facts
Total Finished SqFt5,310 SqFtAbove Grade Finished SqFt5,310 SqFtStories3Lot Size921 SqFtStyleMulti-Family Dwelling (2-4)Year Built2014ZoningCMX1CountyPHILADELPHIAAPN24-1-1406-05

Schools near 3842 Lancaster Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Powel Samuel School
PublicK to 4

Science Leadership Academy Middle School
Public5 to 8

West Philadelphia High School
Public9 to 12

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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3842 Lancaster Avenue is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on February 23, 2024, it's currently listed at $1,200,000. It has been on the market for a total of 67 days and was last sold on May 3, 2019. This listing's school district is Philadelphia City School District. Nearby schools include Powel Samuel School, Science Leadership Academy Middle School and West Philadelphia High School. 3842 Lancaster Avenue is a 0-bed, 0-bath, 5,310 sqft multi-family home built in 2014.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.