22 E Lancaster Ave - Multi-Family FOR SALE


Ardmore, PA 19003
$460,000 USD
484-459-0557

NO PHOTO

$460,000 USD
Multi-Family - FOR SALE
null | 5% Cap Rate

22 E Lancaster Ave
Ardmore, PA 19003


HIGHLIGHTS

  • Downtown Ardmore
  • Located next to a parking lot
  • Walkability

OVERVIEW

Seize the opportunity to buy a mixed use property in downtown Ardmore located on Lancaster Avenue. All three units in this building are fully leased with flexible terms for owner users or investors. This property is located on Lancaster Avenue a block away from Suburban Square and across the street from Ardmore Music Hall as well as many local eateries and businesses. This is a dream for tenants looking for an apartment with walkability to downtown Ardmore and retail tenants looking for high exposure opportunities. This property is currently operating under highest and best use. First floor: Retail - open retail, private restroom and access to basement for storage Second Floor: Apartment A - kitchen, living room, bedroom, bathroom Third Floor: Apartment B - kitchen, living room, bedroom, bathroom (recently renovated) Electric is separately metered. Gas is house metered. Water and sewer are public meters.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

3

PRICE/UNIT

$153,333

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22 E Lancaster, Ardmore

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

40-00-30112-007

ASK ABOUT THIS PROPERTY

Jessi Ayoub, CCIMLieberman Earley & CompanyMore Info
484-459-0557

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Jessi Ayoub, CCIMLieberman Earley & CompanyMore Info
484-459-0557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.