32 W Third Street
Lansdale, PA 19446
- – beds
- – baths
- – sqft
- 6,900 sqft lot
- 1963 build
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**INVESTOR ALERT** It doesn't get any better than this. Terrific investment opportunity in the heart of Lansdale. Solidly built, 6 unit apartment building with 6 one-bedroom units, one block from the Lansdale train station, all with under-market rents presenting immediate value-add potential. Gas and electric are separately metered and paid by the tenants. The building features a private parking lot in the rear with additional off-street parking, ensuring convenience for tenants. A coin-operated laundry facility in the basement and individual storage lockers for each apartment. Low maintenance exterior and current Lansdale rental license. Short stroll to Lansdale's vibrant Main Street, with shops, restaurants, brew pubs, a retro arcade and so much more. Enjoy First Fridays, parades, festivals and all of the other great activities Lansdale has to offer. Excellent opportunity for investors looking to maximize cash flow. Your tenants will love living here! Open house CANCELLED
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Last updated Apr 4, 2025
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MLS# PAMC2129866 —
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Conventional
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Possession:Negotiable
Location
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Directions:Utilize GPS
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Cross Street:BROAD
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Latitude:40.24319000
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Longitude:-75.28365000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.16
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:6,900 Sqft
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Zoning:RC
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:4200
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 724-8866
- Office phone:
- (215) 646-2900
Taxes
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Tax ID Number:11-00-16560-007
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Tax Year:2024
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Tax Lot:043
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Tax Annual Amount:$10,276
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Tax Assessed Value:$234,860
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Year Assessed:2025
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School Tax:7272.0
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County Tax:1124.00
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City/Town Tax:1878.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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High School:NORTH PENN SENIOR
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School District Name:North Penn
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Parking Lot
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
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Vacation Rental:No
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One Bedroom Units:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/31/25
Mar 31, 2025
|
Sold | BRIGHT | $705,000 | 12.8% |
2/21/25
Feb 21, 2025
|
Sold Subject To Contingencies | BRIGHT | $624,900 |