5514 Lansdowne Avenue

Philadelphia, PA 19131

$365,000
Price
Beds
2,700 Sq. Ft.
$135 / Sq. Ft.
2,700
Sq. Ft.
$135
per Sq. Ft.

Description

Amazing income producing investment opportunity to hit the market. This 3 unit fully renovated property features a commercial unit on the first floor, a 2 bedroom unit with extremely spacious bedroom on the 2nd floor, and 3 bedroom unit on the 3rd floor. All units have been meticulously updated with hardwood flooring, new modern kitchens with stainless steel appliances, and LED lighting throughout. The property has a variance in hand and is generating $3925 a month in income! All tenants current...Amazing income producing investment opportunity to hit the market. This 3 unit fully renovated property features a commercial unit on the first floor, a 2 bedroom unit with extremely spacious bedroom on the 2nd floor, and 3 bedroom unit on the 3rd floor. All units have been meticulously updated with hardwood flooring, new modern kitchens with stainless steel appliances, and LED lighting throughout. The property has a variance in hand and is generating $3925 a month in income! All tenants current on rent. Combined with low taxes, this an amazing opportunity for strong cash flow in a turnkey property.
  1. Listed by Ronald Parasole, Jr. • Parasole Property Management & Assoc. LP
    P: 5703432598 max@avallaproperties.com

Property Details for 5514 Lansdowne Avenue

Tax ID Number
041252500
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No

Location

Listing Courtesy of Parasole Property Management & Assoc. LP
Add your commute
LISTING UPDATED: 04/17/2024 12:49 AM

Property Details for 5514 Lansdowne Avenue

StatusActive
MLS #PAPH2332760
Days on Market49
Taxes$587 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.03 AC / 1,305 SF
CountyPhiladelphia County

Location

Listing Courtesy of Parasole Property Management & Assoc. LP
Add your commute

Building Information for 5514 Lansdowne Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.03 AC / 1,305 SF

Payment Calculator

$2,041 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$49

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5514 Lansdowne Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $42,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $35,700
  • City Town Tax: $265
  • Land Assessed Value: $6,300
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Tax Lot: 146
  • School Tax: $322
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Leased Count: 3
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 87.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 899253
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 5514 Lansdowne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5514 Lansdowne Avenue

Taxable ValueLand$6,300Additions$35,700Total$42,000
Tax Record2023$588 ($49 / month)
Home Facts
Total Finished SqFt1,130 SqFtAbove Grade Finished SqFt1,130 SqFtStories3Lot Size1,305 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRSA5CountyPHILADELPHIAAPN04-1-2525-00

Schools near 5514 Lansdowne Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - 5 to 12
Public - 9 to 12
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Overbrook High School
Public9 to 12

Parkway West
Public9 to 12

Middle Years Alternative School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5514 Lansdowne Avenue is a multi-family home for sale in Philadelphia, PA 19131. This property was listed for sale on March 18, 2024 by Parasole Property Management & Assoc. LP, it's currently listed at $365,000. It has been on the market for a total of 49 days and was last sold on July 5, 2023. This listing's school district is Philadelphia City School District. Nearby schools include The Science Leadership Academy At Beeber, Overbrook High School and Parkway West. 5514 Lansdowne Avenue is a 0-bed, 0-bath, 2,700 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Parasole Property Management & Assoc. LP

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.