4025 Lancaster Avenue

Philadelphia, PA 19104

$725,000
Price
Beds
3,023 Sq. Ft.
$240 / Sq. Ft.
3,023
Sq. Ft.
$240
per Sq. Ft.

Description

Welcome to this fantastic property located in an “opportunity zone” on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. The commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private...Welcome to this fantastic property located in an “opportunity zone” on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. The commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separate metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs – schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.

Listing Agent

  1. Laurie Murphy

    Laurie Murphy

    Listing Agent

    Compass

Property Details for 4025 Lancaster Avenue

Tax ID Number
882933615
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Traditional
Waterfront
No
Views
Panoramic
Garage
No
Expected On Market Date
12-14-2023

Location

Add your commute
LISTING UPDATED: 04/06/2024 10:24 AM

Property Details for 4025 Lancaster Avenue

StatusActive
MLS #PAPH2305356
Days on Market141
Taxes$1,462 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.04 AC / 1,750 SF
CountyPhiladelphia County

Location

Add your commute

Building Information for 4025 Lancaster Avenue

Stories-Residences4Year Built1915Building Size-Lot Size0.04 AC / 1,750 SF

Payment Calculator

$4,078 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4025 Lancaster Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • 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: $104,500
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $83,607
  • City Town Tax: $660
  • Land Assessed Value: $20,893
  • Clean Green Assessed: No
  • Land Use Code: AC0
  • Zoning: CMX2
  • Tax Lot: 153
  • School Tax: $802
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Number Of Units Vacant: 4
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 94.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 911067
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Floor Plan - Open
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 4025 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 4025 Lancaster Avenue

Taxable ValueLand$20,893Additions$83,607Total$104,500
Tax Record2023$1,463 ($122 / month)
Home Facts
Total Finished SqFt3,023 SqFtAbove Grade Finished SqFt3,023 SqFtStories3Lot Size1,750 SqFtStyleStoresYear Built1915ZoningCMX2CountyPHILADELPHIAAPN88-2-9336-15

Schools near 4025 Lancaster Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Middle Years Alternative School
Public5 to 8

West Philadelphia High School
Public9 to 12

Philadelphia Learning Academy - South
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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4025 Lancaster Avenue is a mixed use property for sale in Philadelphia, PA 19104. This property was listed for sale on December 14, 2023 by Compass, it's currently listed at $725,000. It has been on the market for a total of 141 days and was last sold on March 1, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Middle Years Alternative School, West Philadelphia High School and Paul Robeson High School For Human Services. 4025 Lancaster Avenue is a 0-bed, 0-bath, 3,023 sqft mixed use property built in 1915.

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.