Multifamily Development Opportunity in
12 S WYCOMBE Avenue Lansdowne, PA 19050
12 S WYCOMBE Avenue, Lansdowne, PA, 19050
$1,200,000
For Sale
$1,200,000
LAND - LANSDOWNE, PA
Property Size1,085 SF
Lot Size0.69 Acres
Price / SF$1,105
Days on Market93
Property Features for 12 S WYCOMBE Avenue
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,085 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Annual Amount
- 21130
Listing agency
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed by
Samantha Lee Miller · License #RS352351
(215) 692-3107
Added: Apr 21 Updated: Jun 9 at 11:52AM Checked: Jul 22 at 2:06PM
MLS# PADE2113258
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Investment Insights
Based on property information with market context.
This is an exclusive opportunity to purchase 12 S. Wycombe Avenue, a site approved for the development of a 42-unit multifamily property in Lansdowne, PA. Zoning approval has been secured for 41 apartments and 1,085 square feet of commercial space, along with 11 on-site parking spaces. The apartment mix includes 32 one-bedroom, one-bath units, 4 two-bedroom, one-bath units, and 5 two-bedroom, two-bath units. The site consists of three parcels located at 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave, totaling 30,170 square feet. The property is located on the corner of S. Wycombe Ave and Baltimore Ave, in Lansdowne's main commercial corridor. This site presents a development opportunity in Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales. The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
Key Highlights
- 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA
- Zoning approval includes 41 apartments plus 1,085 SF of commercial space
- Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 42-unit multifamily development opportunity in transforming Lansdowne, PA.
Where is this apartment building located?
The property is located at 12 S WYCOMBE Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA; Zoning approval includes 41 apartments plus 1,085 SF of commercial space; Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA