Renovated Triplex with
101 Lansdowne Court Lansdowne, PA 19050
For Sale
$349,900
Move-in ready, renovated triplex offering three residential units, laundry in the basement, and a rear 2-car carport.
Property Size2,813 SF
Price / SF$124.39
Days on Market100
Property Features for 101 Lansdowne Court
General Information
- Standard status
- Active
- Size
- 2,813 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing Agency:
Long & Foster Real Estate, Inc.
(610) 888-4757
Listed By:
Jocelyn Roncase · License #RS229295
(610) 888-4757
Source:
Compass
Added: Apr 15
Changed: Jul 23
Last Checked: Jul 23 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This beautifully maintained and renovated triplex is move-in ready and configured as three residential units. The first-floor unit offers two bedrooms, a living/dining room area, an eat-in kitchen, and a tiled bath with tub/shower combination, with plank flooring throughout and access to the rear yard from the kitchen. The second-floor unit also has two bedrooms, a living room, an efficiency kitchen, a large dining area, and a tiled bath with tub/shower combination, featuring a large hall linen closet and plank flooring. The third-floor unit includes one bedroom, an eat-in kitchen with a large pantry, a living room, a hall coat closet, and an additional storage room, with tiled shower stall and a mix of hardwood and plank flooring. Each unit has lighted ceiling fans, and exterior fire escapes are accessed via the kitchens for the second- and third-floor units. The basement includes laundry with a utility sink, with washer and dryer included. All units use electric cooking, include refrigerators, and are U&O compliant.
The property includes on-street parking and a 2-car carport situated at the rear of the property, along with a small side and rear yard.
The property includes on-street parking and a 2-car carport situated at the rear of the property, along with a small side and rear yard.
Key Highlights
- Renovated triplex built in 1920 with three residential units, move‑in ready
- Unit mix includes two 2‑bedroom units (1st and 2nd floors) plus a 1‑bedroom third‑floor unit
- Basement laundry includes washer and dryer, with a utility sink
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.6k | $18.00 |
| − Vacancy | −$6.6k | −$2.34 |
| EGI | $44.0k | $15.66 |
| − OpEx | −$13.2k | −$4.70 |
| NOI | $30.8k | $10.96 |
2,813 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.5K
$385.4K – $513.9K
NOI $30,833 @ 7.0% cap · market cap 8.81%
Second Best
Apartment 5plus
$402.8K
$352.5K – $470.0K
NOI $28,199 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$852.9K
$746.3K – $995.0K
NOI $59,701 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Move-in ready, renovated triplex offering three residential units, laundry in the basement, and a rear 2-car carport.
Where is this triplex located?
The property is located at 101 Lansdowne Court Lansdowne, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Renovated triplex built in 1920 with three residential units, move‑in ready; Unit mix includes two 2‑bedroom units (1st and 2nd floors) plus a 1‑bedroom third‑floor unit; Basement laundry includes washer and dryer, with a utility sink
