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Dana Ubele

dana@thepropertyalliance.com +1(856) 888-1133

Listed by Jonathon Gutkind • BHHS Fox & Roach-Haverford

$ 250,000

Est. payment -/mo

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Under Contract

608 PEMBROKE AVE Lansdowne, PA 19050

3,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $83

MLS Listing ID PADE2099988

Style Colonial

Abv Grd Liv Area 3,000

Year Built 1930

Annual Tax Amount $4,664

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 20.00 x 75.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Investor Alert! Instant Cashflow Property. Well-maintained duplex located in the borough of East Lansdowne. Building has long-time renters for over 10 years on the second floor and the first floor rental has just become available. The bones of this property are in excellent condition. The roof is 3 years old, there are replacement windows throughout, updated electric, new washers and dryers for each apartment, newer furnaces, and separate utilities for each apartment. Owner pays for water and sewage. The first floor is a large 1 bedroom, 1 bath apartment with a large living room, dining room, and eat-in kitchen. The second floor is a 2 bedroom, 1 bath apartment, which comprises the 2nd and 3rd stories of the building. This unit also has a large living room and dining room, eat-in kitchen, and all-seasons rooms. The third level of this unit has another bedroom and a large, finished area which can easily be used as another bedroom, office, or playroom. It is currently being utilized as a large closet area. The second and third levels of this apartment also have new carpeting. Rents are currently $975 and $1200 and are considerably low for the area, but the owner has preferred to keep the rents lower since the tenants have been there for over a decade and would like to remain. Rents should be $1000 plus for the first floor and $1400 for the second apartment, which are in line with similar units in the area. These rents would jump the CAP Rate to 7.7%!!! Seller is a licensed PA Real Estate Agent and Listing Agent is related to Seller.

Location

State PA

County Delaware

Area East Lansdowne Boro (10417)

Zoning RESID

Rooms

Basement Poured Concrete, Unfinished

Interior

Interior Features Carpet, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Table Space

Hot Water 60+ Gallon Tank

Heating Radiator

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Laminated

Inclusions 2 washers, 2 dryers, 2 refrigerators

Equipment Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Fireplace N

Window Features Double Hung,Double Pane,Replacement,Screens,Vinyl Clad

Appliance Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Utilities Available Above Ground

Water Access N

View Street

Roof Type Architectural Shingle

Accessibility Doors - Swing In

Total Parking Spaces 1

Garage N

Building

Lot Description Front Yard

Foundation Stone

Above Ground Finished SqFt 3000

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District William Penn

Others

Tax ID 17-00-00705-00

Ownership Fee Simple

SqFt Source 3000

Acceptable Financing Cash, Conventional, FHA 203(b)

Listing Terms Cash, Conventional, FHA 203(b)

Financing Cash,Conventional,FHA 203(b)

Special Listing Condition Standard

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

Dana Ubele

608 PEMBROKE AVE Lansdowne, PA 19050

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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608 PEMBROKE AVE