Last Updated: 10/27/2016 3:48 PM
Description for 19 Nyack Avenue Lansdowne, PA 19050
Great Rental Property Investment!! Annually, Gross Rev 42,720, Total Cost 15,723, NOI 26,997, Cap Rate 9%. Owner retiring, divesting several rental units in the area. Discount considered for purchase of multiple properties. This is a Five Unit secure and very well maintained apartment building in great condition. Just passed yearly Use & Occupancy Inspection. All apartments have fire alarms, Co2 detectors, fire extinguishers ceiling fans with light kits. All utilities are separated. New gutters in 2015. Numerous improvements since purchased in late 1980 include roof, double pain windows, vinyl siding, wiring (separating units), plumbing (replacing galvanized with copper), flooring, kitchen cabinets, upgraded bathroom include tub, vanity & toilet. Installed timed solar exterior lighting. 3 Main entrance doors. 2 Wolmanized wood roofed fire escapes. 2 Decks for Apts. A & B. All units rented on a month to month basis with long time renters Close to public transportation and shopping. Owners pays water and sewer, renters pay gas and electric. Owner must be present at showings and requires 24 hrs notice. DO NOT solicit renters.
Gas Water Heater, Public Water Service
Wall Air Conditioning, Ceiling Fan(s)
Gas Heat, Forced Air
Exterior / Lot Features
Brick, Stone, Vinyl
Sidewalks, Street Lights, Satellite Dish
Current market conditions for 19 Nyack Avenue
Active Market Trends
Median list price$142,400
Days on market138
Properties for sale118
Sold Market Trends
Median sold price$129,000
Sales to list price97.3%
Median sq ft price$88
Arrows indicate 90 day trend
Listing Price History for 19 Nyack Avenue
Lansdowne Real Estate
Lansdowne is located in Pennsylvania. Lansdowne, Pennsylvania 19050 has a population of 10,634.
The median household income in Lansdowne, Pennsylvania 19050 is $66,382. The median household income for the surrounding county is $64,242 compared to the national median of $53,046. The median age of people living in Lansdowne 19050 is 40.6 years.
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