506 Emerson Avenue

East Lansdowne, PA 19050

$315,000
Last Sold Price
Beds
2,096 Sq. Ft.
$150 / Sq. Ft.
2,096
Sq. Ft.
$150
per Sq. Ft.

Description

This fully renovated duplex is ready for an owner-occupant looking to have someone else pay your mortgage and build equity or a landlord looking to expand your portfolio. The first floor has a wonderful tenant with a 2-year lease in place. This renovated apartment features a large entry, cozy living room, well equipped and large kitchen, full bathroom, and a bedroom with an entrance to the fenced-in backyard. The basement is fully finished, currently used as a 2nd bedroom with a living space, full-size...This fully renovated duplex is ready for an owner-occupant looking to have someone else pay your mortgage and build equity or a landlord looking to expand your portfolio. The first floor has a wonderful tenant with a 2-year lease in place. This renovated apartment features a large entry, cozy living room, well equipped and large kitchen, full bathroom, and a bedroom with an entrance to the fenced-in backyard. The basement is fully finished, currently used as a 2nd bedroom with a living space, full-size washer and dryer, and access to the back yard as well. The 2nd-floor unit is also fully renovated, currently vacant but has the potential to be a 2 bedroom with a living room or a 3 bedroom. The beautiful eat-in kitchen features stainless steel appliances and large windows. The top floor can be used as a living space, or a bedroom and also features a full-size washer and dryer. There is parking on the street and also a private driveway space. Close to transportation, shopping, and great food joints! Make this your next investment and enjoy a steady income!
  1. Listed by Susan E Lowes • Century 21 Advantage Gold - Newtown Square
    P: 4844329576 slowes1@gmail.com

Property Details for 506 Emerson Avenue

Tax ID Number
17-00-00131-00
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Cross Street
MELROSE AVE
Municipality
EAST LANSDOWNE BORO

Location

Listing Courtesy of Century 21 Advantage Gold - Newtown Square

Sold By KI & Associates, Inc.

Add your commute
LISTING UPDATED: 06/24/2022 01:10 PM

Property Details for 506 Emerson Avenue

StatusClosed
MLS #PADE2025472
Days on Market9
Taxes$3,728 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,742 SF
CountyDelaware County

Location

Listing Courtesy of Century 21 Advantage Gold - Newtown Square

Sold By KI & Associates, Inc.

Add your commute

Building Information for 506 Emerson Avenue

Stories-Residences1Year Built1925Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$2,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Emerson Avenue

Location
Location
  • School District Name: WILLIAM PENN
  • School District County ID: 300200397351
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: East Lansdowne Boro (10417)
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
Association / Community Info
Association / Community Info
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $96,740
  • Year Assessed: 2022
  • County Tax: $290
  • Improvement Assessed Value: $53,520
  • City Town Tax: $712
  • Land Assessed Value: $43,220
  • Clean Green Assessed: No
  • Land Use Code: R-10
  • Zoning: DUPLEX
  • Tax Lot: 239-000
  • School Tax: $2,726
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Lawn/Shrub Care, Sewer, Taxes - Real Estate, Trash Collection, Water, Snow Removal, Advertising/Licenses and Permits
  • Concessions: Yes
  • Concessions Amount: $14,175
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $2,170
  • Operating Expense Includes: Snow Removal, Trash
  • Maintenance Expense: $2,170
Financial Information
  • Annual Rental Income: $18,000
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 2,096.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 24.00 x 74.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 464992
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 2
  • Parking Features: Asphalt Driveway, Private
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service

Property History for 506 Emerson 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 506 Emerson Avenue

Taxable ValueLand$43,220Additions$53,520Total$96,740
Tax Record2023$3,728 ($311 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,496 SqFtAbove Grade Finished SqFt1,496 SqFtStories2Lot Size1,738 SqFtStyleSingle Family ResidenceYear Built1925CountyDELAWAREAPN17-00-00131-00Fireplace TypeHas Fireplace

Schools near 506 Emerson Avenue

This home is within William Penn School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
East Lansdowne El School
PublicK to 6

Penn Wood Middle School
Public7 to 8

Penn Wood High School
Public9 to 12

Aldan Elementary School
PublicK to 6

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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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.

Listing Courtesy of Century 21 Advantage Gold - Newtown Square

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.