54 HIGHLAND Avenue, Belmont Hills, PA 19004
MULTI_FAMILY - BELMONT HILLS, PA
- Added:
- May 14, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 5 at 9:06 pm
Property Features for 54 HIGHLAND Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Attic
- Standard status
- Active
- Size
- 2,056 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6841
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick
Listing agent Frederick A. Altieri License #RS346080 (610) 550-9271
Listing office Houwzer, LLC 1435 Walnut Street unit: 5, Philadelphia, PA (267) 765-2080
Listing date May 14, 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
- Located in the highly sought‑after Belmont Hills section of Bala Cynwyd, a premier 'Main Line' location.
- Within the award‑winning Lower Merion School District.
- Versatile Duplex offering steady rental income potential.
- Unit #1 features 2 bedrooms, 2 full bathrooms (including one in the private basement), and exclusive basement access.
- Unit #2 is a charming 1‑bedroom, 1‑bathroom garden‑style apartment with a separate side entrance.
- Fully separate utilities for each unit, simplifying management and minimizing overhead.
Overview
Unit #2 is a garden-style 1-bedroom, 1-bath apartment located on the main level at the rear of the property. The unit includes its own separate side entrance, providing additional privacy for occupants. Both units benefit from fully separate utilities, which can simplify management and help control operating overhead. Residents also have ample street parking, and the property is described as being minutes from the Manayunk bridge, local parks, and convenient commuting to Center City.
For buyers seeking a practical multi-unit property, the combination of two self-contained units, a private basement for Unit #1, and separate utility arrangements can support straightforward occupancy and day-to-day operations. The home is located in Belmont Hills, PA, within the Lower Merion School District, according to the listing remarks.
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 | $45.6k | $22.20 |
| − Vacancy | −$3.0k | −$1.44 |
| EGI | $42.7k | $20.76 |
| − OpEx | −$12.8k | −$6.23 |
| NOI | $29.9k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belmont Hills
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.23791
- Latitude
- 40.02713
