5514 LANSDOWNE AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19131
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $123
MLS Listing ID PAPH2544096
Style Colonial
Abv Grd Liv Area 2,550
Year Built 1925
Annual Tax Amount $3,057
Tax Year 2025
Lot Size 1,305 Sqft
Acres 0.03
Lot Dimensions 15.00 x 87.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Investors welcome! Fully renovated income-producing property with multiple units. This exceptional investment property offers an outstanding opportunity for both investors and owner-occupants. Completely renovated from top to bottom, the building consists of three separate units and currently generates approximately $1550 per month in rental income.
Unit 1 (Commercial): A versatile commercial space previously used as an office, featuring a renovated powder room, dedicated storage area, and modern finishes. Perfect for an office, retail space, or other small business use.
Unit 2 (Residential): A spacious 2-bedroom apartment boasting hardwood flooring, a brand-new modern kitchen with stainless steel appliances, and updated fixtures throughout. Unit 3 (Residential): A large 3-bedroom apartment with similar upgrades including hardwood flooring, a fully renovated kitchen with stainless steel appliances, and ample living space. All units have been tastefully redone, blending modern comfort with long-term durability. The property benefits from low property taxes, making it even more attractive for investors seeking strong returns and positive cash flow. The location is ideal—close to shopping, dining, transportation, and other amenities—ensuring steady rental demand. Whether you're looking to maximize income by renting all three units, or prefer to live in one and rent out the others, this property offers the perfect balance of comfort and profitability. Don't miss your chance to own this turnkey investment property! Schedule your private showing today and start generating income immediately.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2550
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Overbrook
School District Philadelphia City
Others
Tax ID 041252500
Ownership Fee Simple
SqFt Source 2550
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard