608 PEMBROKE AVE Active Save Request In-Person Tour Request Virtual Tour
Lansdowne,PA 19050
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $83
MLS Listing ID PADE2099988
Style Colonial
Year Built 1930
Annual Tax Amount $4,664
Tax Year 2025
Lot Size 1,742 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Investor Alert! Instant Cashflow Property. Well-maintained duplex located in the borough of East Lansdowne. Building is fully rented with both tenants present for over 10 years. 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 $860 and $1000 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 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
Interior
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
Exterior
Garage Spaces 1.0
Utilities Available Above Ground
Water Access N
View Street
Roof Type Architectural Shingle
Building
Lot Description Front Yard
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Plaster Walls
New Construction N
Schools
School District William Penn
Others
Acceptable Financing Cash,Conventional,FHA 203(b)
Listing Terms Cash,Conventional,FHA 203(b)
Special Listing Condition Standard