10 months on rocket

5533 Lansdowne Ave, Philadelphia, PA, 19131

$99,900

0.07 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #PAPH2312656
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 5533 Lansdowne Ave

RARE OPPORTUNITY to own this very unique & LARGE Empty Lots with a size of 31 ft. (width) by 98 ft. (length) totaling about 3,038 sq. ft.! This Empty Lot was newly paved in 2010! 5533-5535 Lansdowne Avenue large empty lots ($99,900) (Tax ID# 885020580) MUST BE PURCHASED together with the LARGE CORNER Mixed-Use Commercial Laundromat located at 5529-31 Lansdowne Avenue ($799,900) (Tax ID# 882933280). According to Public Record, this Large Empty Lot is zoned as CMX-2 (Commercial Mixed-Use)! CORNER Laundromat next door to this huge lot has 1 spacious Apartment Unit at the rear of the property in the heart of Carroll Park (West Philadelphia)! This spacious Laundromat is setup as a Coin Laundromat Business that consists of all stainless steel appliances (34 Dryers & 26 Washers). Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a small office area towards the back of the Laundromat. To the right of the small office is a half bathroom. The Laundromat generates averagely of about $7,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7:30AM to 7:30PM, all 7 days a week. In addition, there’s an Apartment Unit at the rear of the building. This apartment unit is very spacious & consists of 1 good-size Bedroom, 1 Full Bathroom & Updated Kitchen! It has nice tile floors all throughout! Full Bathroom consists of tile floors & walls, sink, toilet, and stand-up shower with glass door! Kitchen has updated granite counter-top, plenty of wood cabinets, and kitchen appliances (Stove/Range & Range Hood). There are 2 utility rooms at the rear of the property. Behind the apartment’s kitchen is a fenced in driveway that can fit up to 2 cars. This separate LARGE Empty Lot can fit up to about 8-10 cars, which is also fenced up. ALL Major appliances (Hot Water Heater, Commercial-Grade Hot Water Heater, Central Heater System) & Rubber Roof are installed between 2008-2010 when this building was being constructed. There are also video surveillance cameras from outside the property! Start off your new home, business or investment with the very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Sewer fee is about $20/mo. for the Lots! IF renting out the Apartment Unit from the Laundromat, 1 Bedroom Apartment rents can be projected to bring in around $1,050-$1,250/mo. in the area for rent! That is potentially another $12,600-$15,000 gross income that the mixed-use commercial can generate in addition to the Laundromat business. Below are some of the Business Expenses for the Laundromat: Water ($582/mo.), Electric ($280/mo.), Gas ($586/mo.), Trash ($500/year), Sewer ($36/mo.), Comcast Cable Internet ($96/mo.); Property & Liability Insurance ($7,000/year), Property Tax ($1,909/year) . Run the existing Laundromat business & generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity for these Lots! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Philadelphia's International Airport, Fairmount Park, Drexel Univ., Univ. of the Sciences, Univ. of Pennsylvania, Saint Joseph’s Univ., Center City, Philadelphia Zoo, Children’s Please Touch Museum, & many more! PRICED VERY COMPETITIVELY TO SELL! Get an offer in quickly before it's gone!

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 Advantage Gold-South Philadelphia
  • Office Phone: (215) 465-1400
  • Listing Agent: Phong D Lam

Lot Features

Lot Information:

  • Lot: Interior Lot, Private
  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Between Lansdowne Avenue, N. Allison Street & Hunter Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900

Tax Information:

  • Annual Amount: $339
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

5533 Lansdowne Ave vs Philadelphia

308 DAYS ON ROCKET

+264 Days

$99,900

-$161.9K Less

KEY TAKEAWAY

This property is $161.9K less than the Median Sold Price in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2312656

Listing Office:

  • Office Name: Century 21 Advantage Gold-South Philadelphia
  • Office Phone: (215) 465-1400
  • Listing Agent: Phong D Lam

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: 11/21/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 22, 2007Home Sold
$13,000

Tax History

YEARPROP. TAXASSESSMENT
2020$339 -
2019$338$24,200
2018$238$17,000
2017$239$17,100

History based on county public records data.

Payment Calculator

$566

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-289189
3
/10
  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 0.25 miles

  • Public Charter Grades KG-6

school-card-donut-289190
3
/10
  • Mastery Charter School Mann Elementary

  • 5376 W Berks St

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-289191
3
/10
  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.09 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,072. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are 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

Frequently Asked Questions About 5533 Lansdowne Ave

What is the listing price of this property?

The listing price of 5533 Lansdowne Ave property is $99,900.

What type of property is this?

The property 5533 Lansdowne Ave is land located in Philadelphia, Pennsylvania, 19131.

Is this property for sale now?

Active Listing: 5533 Lansdowne Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $339 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 22, 2007 for $13,000. (source: MLS/tax record).

How much acreage is this property?

The property 5533 Lansdowne Ave is 0.07 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191315533 Lansdowne Ave

This home is located at 5533 Lansdowne Ave in Philadelphia, PA and zip code 19131 in the Carroll Park neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $99,900.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

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

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