Marcus & Millichap is pleased to present for sale Baltimore Commons: An 18-unit apartment complex with 9 garages located in Lansdowne, Delaware County, PA. The property consists of 4 buildings all on the same tax parcel: 100 W Baltimore Ave (12 units), 108 W Baltimore Ave (5 units), and two separate buildings in the rear of the property that contain one apartment and nine garages. 100 W Baltimore Ave is a purpose-built apartment building with twelve 2 bed 1.5 bath units. 108 W Baltimore Ave is a single-family home that has been converted into five apartments. Many of the units have been updated with granite countertops, LTV flooring in the kitchens and bathrooms, and new appliances, cabinets & carpet. The complex has been kept in very good condition due to the owner's keen attention to detail. There is ample off-street parking located on property. Lansdowne Borough is home to more than 10,000 people. The property is situated right on Baltimore Ave, which is a major thoroughfare of Delaware County. Baltimore Commons is in proximity to the Lansdowne Train Station, which provides easy access north to Center City Philadelphia. The Property represents a rare opportunity to acquire an apartment community in the highly desirable Delaware County rental market. The market average for competing one-bedrooms ($1,262) and two-bedrooms ($1,530) in the submarket is 10.9% and 11.2% greater than the average rents of Baltimore Commons, respectively. The below-market rents allow for investors to come in see a substantial growth in rents through unit renovation or lease turnover.