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Off market
  • $644,100

    55 E Main St, Lansdale, PA 19446

    9beds
    0baths
    --sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $644,100 Zestimate®
    $--/sqft
    $1,610 Estimated rent

    Home value

    $644,100

    $560,000 - $747,000

    $1,610/mo

    Zestimate® history
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    Owner options

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    $1,610/mo

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    $1,610/mo

    Rent Zestimate®

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    $4,129/mo

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    $4,129/mo

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    What's special

    Exceptional income producer here. Not your ordinary multi-unit property. Crunch the numbers and you'll see for yourself....this is an outstanding investment opportunity. Property is fully rented and consists of a 12 unit rooming house, a commercial storefront with superb visibility (currently a mattress store), and a 4 bay garage. This property NETS in excess of $60K/year. Rent collection has been handled weekly for the owner by one of the Tenants. Owner recently had a new roof installed and security cameras throughout the rooming house. The front awning is in the process of replacement. First time offered in more than 20 years. Income and expenses available on request. Room furnishings are included in the sale. Please allow at least 24 hours notice. Listing agent must accompany all showings.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • None
    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: 110010012003

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Lansdale

    Other

    Other facts
    • Heating YN: Y
    • Ownership Interest: Fee Simple
    • Property Type: Multi-Family
    • Construction Materials: Brick, Other
    • Structure Type: Detached
    • Architectural Style: Other
    • Tax Lot: 042
    • Tax Annual Amount: 6472.0
    • Standard Status: Active Under Contract
    • Pool: No Pool
    • Type of Parking: Other

    Price history

    DateEventPrice
    12/11/2021Listing removed$950,000
    Source: Bright MLS #PAMC2001047 Report a problem
    10/14/2021Listed for sale$950,000+137.5%
    Source: Bright MLS #PAMC2001047 Report a problem
    7/17/2018Sold$400,000-11.1%
    Source: Public Record Report a problem
    7/14/2018Listed for sale$450,000
    Source: RE/MAX REALTY GROUP #1000305612 Report a problem
    5/21/2018Pending sale$450,000
    Source: RE/MAX Realty Group-Lansdale #1000305612 Report a problem
    5/8/2018Price change$450,000-5.3%
    Source: RE/MAX Realty Group-Lansdale #1000305612 Report a problem
    3/25/2018Listed for sale$475,000+196%
    Source: Re/Max Realty Group-Lansdale #1000305612 Report a problem
    9/25/1998Sold$160,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,255 +4.5%$190,230
    2024$7,897 $190,230
    2023$7,897 +9%$190,230
    2022$7,248 +4.3%$190,230
    2021$6,952 +2.4%$190,230
    2020$6,790 +2.4%$190,230
    2019$6,631 +5.6%$190,230
    2018$6,281 +2.7%$190,230
    2017$6,115 +1.8%$190,230
    2016$6,008 +5.8%$190,230
    2015$5,676 $190,230

    Find assessor info on the county website

    Neighborhood: 19446

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North Penn

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $644,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $644,100