Fully Occupied Triplex
New
For Sale
$325,000
719 PEMBROKE AVENUE, East Lansdowne, PA 19050
Three-unit multifamily property with every residence occupied and convenient access to shopping, dining, transit, and major roadways.
Property Size2,546 SF
Days on Market5
Property Features for 719 PEMBROKE AVENUE
General Information
Standard status
Active
Size
2,546 SF
Property subtype
Triplex
Occupancy
100%
Additional Details
Gross Income
$43,380
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,649
Building Details
Building Size
2,546 SF
Year Built
1910
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
(215) 939-2139
Listed By:
Brenda P Altomare · License #RS319758
(215) 939-2139
Source:
Patmckennarealtors
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 4:54AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This three-unit multifamily property was built in 1910 and is fully occupied, with residents in place across the first, second, and third floors. The triplex configuration provides separate residential units within a single income-producing asset, while the existing occupancy offers an established operating profile without an immediate vacancy to address.
The property is positioned near shopping, restaurants, public transportation, and major roadways, with Philadelphia also identified in the surrounding context. Its combination of three residential units, current occupancy, and access to everyday amenities supports consideration by buyers seeking a multifamily property with an existing tenant base.
The property is positioned near shopping, restaurants, public transportation, and major roadways, with Philadelphia also identified in the surrounding context. Its combination of three residential units, current occupancy, and access to everyday amenities supports consideration by buyers seeking a multifamily property with an existing tenant base.
Key Highlights
- Three‑unit triplex with all residences currently occupied
- Built in 1910
- First-, second-, and third‑floor residential units
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 | $45.8k | $18.00 |
| − Vacancy | −$6.0k | −$2.34 |
| EGI | $39.9k | $15.66 |
| − OpEx | −$12.0k | −$4.70 |
| NOI | $27.9k | $10.96 |
2,546 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.7K
$348.8K – $465.1K
NOI $27,906 @ 7.0% cap · market cap 8.59%
Second Best
Apartment 5plus
$364.6K
$319.0K – $425.4K
NOI $25,523 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$771.9K
$675.4K – $900.6K
NOI $54,035 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily property with every residence occupied and convenient access to shopping, dining, transit, and major roadways.
Where is this triplex located?
The property is located at 719 PEMBROKE AVENUE East Lansdowne, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit triplex with all residences currently occupied; Built in 1910; First-, second-, and third‑floor residential units
