3 months on rocket

4910 Lancaster Ave, Philadelphia, PA, 19131

$345,000

Home List Price

$4,097*

Closing Credit

0 Baths
2,820 SqFt
$122/SqFt
Multi

Location

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4910 Lancaster Ave, Philadelphia$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1925
HeatingBaseboard
CoolingNone
MLS #PAPH2383770
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 4910 Lancaster Ave

An impressive rent roll with plenty of room for forced appreciation, 4910 Lancaster is a cash cow today and is well-positioned for an even stronger tomorrow. Anchored by a gorgeously designed salon on the first floor, this property hosts 3 residential, 1 bedroom apartments upstairs and a first floor studio. 2 units are month to month and a 3rd expires soon - all are ready for upgrades to meet pro forma rent. Separately metered with electric heat, newer hot water heaters and stoves. The numbers speak for themselves. Please reach out for pro forma and schedule your showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Living Area: 2,820 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Ryan McLaughlin

Interior Features

Interior Information:

  • Flooring Type: Tile/Brick, Wood, Carpet

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $1,796
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

4910 Lancaster Ave vs Philadelphia

107 DAYS ON ROCKET

+63 Days

$345,000

+$83.1K More

$122/SqFt

-$77 Less

KEY TAKEAWAY

This property is $83.1K more than the Median Sold Price and $77/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2383770

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Ryan McLaughlin

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 2017Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,796 -
2019$1,779$127,100
2018$1,727$123,400
2017$1,579$112,800

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-581471
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 0.41 miles

  • Public Charter Grades PK-5

school-card-donut-581472
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 0.84 miles

  • Public Charter Grades KG-6

school-card-donut-581473
3
/10

  • Mastery Charter School Mann Elementary

  • 5376 W Berks St

  • 1.00 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,265. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19131›4910 Lancaster Ave

This home is located at 4910 Lancaster Ave in Philadelphia, PA and zip code 19131 in the West Philadelphia neighborhood. This 2,820 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $345,000.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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