58 MELROSE, East Lansdowne, PA 19050
58 MELROSE, East Lansdowne, PA 19050
58 MELROSE, East Lansdowne, PA 19050
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Listed by Chrissy Branch • Keys & Deeds Realty
$365,000
Est. payment /mo
2,724 SqFt
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Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,724 sqft

Price per Sqft $133

MLS Listing ID PADE2113698

Style Other

Abv Grd Liv Area 2,724

Year Built 1910

Available Date 2026-04-29

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50.00 x 120.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Welcome to 58 Melrose Avenue, a solid all-brick four-unit apartment building nestled on a quiet, tree-lined street in East Lansdowne. This well-maintained property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio with a value-add asset. With one unit currently occupied, the building offers immediate income while leaving room to renovate, reposition, and bring rents up to full market value.

Each of the four units features separate utilities, including individual heating systems, electric, and hot water heaters, providing efficiency and convenience for both owner and tenants. The property also includes a spacious three-car detached garage, creating an additional income stream, along with off-street parking that comfortably accommodates all four tenants while still allowing easy access to the garages.

The basement adds even more potential, offering designated storage bins for each unit and ample space to install coin-operated laundry, another opportunity to increase cash flow. Whether you're looking to enhance the existing units with light TLC or fully maximize the property's income potential, 58 Melrose Avenue delivers a rare combination of location, structure, and upside.

Don't miss your chance to invest in a versatile, income-producing property with multiple revenue streams and long-term growth potential.

Location

State PA

County Delaware

Area East Lansdowne Boro (10417)

Zoning RESENDIAL

Rooms

Basement Poured Concrete

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage Y

Building

Foundation Stone

Above Ground Finished SqFt 2724

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Penn Wood

School District William Penn

Others

Tax ID 17-00-00577-00

Ownership Fee Simple

SqFt Source 2724

Acceptable Financing FHA 203(b), Conventional

Listing Terms FHA 203(b), Conventional

Financing FHA 203(b),Conventional

Special Listing Condition Standard


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Jim Marks

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+1(610) 705-4014

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58 MELROSE