54 HIGHLAND Avenue, Belmont Hills, PA 19004
MULTI_FAMILY - BELMONT HILLS, PA
- Added:
- May 14, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 15 at 12:06 am
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
The property is located in the Belmont Hills section of Bala Cynwyd within the Lower Merion School District. Residents benefit from ample street parking and a convenient setting just minutes from the Manayunk bridge, local parks, and easy commuting to Center City.
Designed for practical use, the layout supports either long-term rental management or multi-generational living with clear separation between occupants. The independent utility setup and the distinct access for each unit can simplify day-to-day operations while giving residents their own spaces, including basement use tied to Unit 1.
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
