28-30 W GREENWOOD Avenue, Lansdowne, PA 19050
MULTI_FAMILY - Victorian - LANSDOWNE, PA
- Added:
- Jul 7, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 7 at 5:06 pm
Property Features for 28-30 W GREENWOOD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 6
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 3,340 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7595
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Frame, Masonry
- Architectural style
- Victorian
Listing agent John M Carpenter Jr. License #RS226501L (610) 405-7568
Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA (610) 520-0100
Listing date Jul 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four‑unit apartment building with four spacious 2‑bedroom apartments
- Construction materials include frame and masonry; Victorian architectural style
- Heating: hot water (heating)
- Off‑street parking for six or more vehicles (parking lot)
- Tenants pay all utilities except water
- Year built: 1900
Overview
Located in Lansdowne Borough, the building is a few blocks from the SEPTA Regional Rail station on the Media/Wawa Line and within walking distance of the borough’s business district. The surrounding area includes shopping, several new restaurants, and the restored Lansdowne Theater, supporting a walkable day-to-day routine for residents.
For investors or operators seeking a small, manageable income property, this configuration provides four separate apartment units within one asset. With each unit set up as a two-bedroom home and with parking available on site, the property is well suited to tenants who value space and convenience. The utility arrangement further simplifies the expense picture by shifting most utility responsibilities to tenants, leaving water as an owner-paid item.
Local 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 | $60.1k | $18.00 |
| − Vacancy | −$7.8k | −$2.34 |
| EGI | $52.3k | $15.66 |
| − OpEx | −$15.7k | −$4.70 |
| NOI | $36.6k | $10.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lansdowne
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.27503
- Latitude
- 39.94298
