About This Home
This land at 12 S WYCOMBE Avenue in Lansdowne, PA is listed for $1,200,000 (0.69 acres).
Key Features
- 0.69 acre lot
Presenting the exclusive sale of 12 S. Wycombe Avenue, a 42-unit multifamily development opportunity in Lansdowne, PA. Ownership has obtained zoning approval for 41 apartments, 1,085 SF of commercial space and 11 on-site parking spaces. The apartment mix includes: (32) - 1 BR / 1 Bath, (4) - 2 BR / 1 Bath, and (5) 2 BR / 2 Bath.
The site includes (3) parcels: 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave and total 30,170 SF. The site is well located on the corner of S. Wycombe Ave and Baltimore Ave; Lansdowne's main commercial corridor. 12 S Wycombe Ave presents a rare opportunity to develop a multifamily building in the heart of Lansdowne, a transforming neighbor
hood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales in what was formerly a "dry town." The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
Location
12 S WYCOMBE Avenue
Lansdowne, PA 19050
Questions & Answers
This 0-bedroom, 0-bathroom land at 12 S WYCOMBE Avenue is listed at $1,200,000. The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.69 acre lot.
This property is listed by Samantha Lee Miller and can be reached at 2156923107.