23 N WYCOMBE AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Lansdowne,PA 19050
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $151
MLS Listing ID PADE2101330
Style Colonial,Traditional,Contemporary
Year Built 1920
Available Date 2025-10-06
Annual Tax Amount $7,139
Tax Year 2025
Lot Size 6,098 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Welcome to an exceptional investment and homeownership opportunity in the heart of Lansdowne. This three-unit triplex is ideal for savvy investors seeking cash flow, as well as first-time buyers who want the comfort of owning while having tenants offset their mortgage.
Unit Mix & Income Potential
Unit 1 (Vacant – Move-In Ready!): Newly renovated two-bedroom apartment featuring luxury vinyl plank flooring, a spacious modern kitchen, brand-new bathroom, dedicated laundry, and both front and rear private entrances. This turn-key unit is perfect for an owner-occupant. It can also be rented in advance of settlement if an investor is looking to have the triplex maximizing its return asap.
Unit 2 (Rented): Stable tenant paying $1,200/month.
Unit 3 (Rented): Stable tenant paying $1,350/month.
Both occupied units offer excellent upside potential, with rents that can be raised over time to further increase returns.
Property Features
Ample Parking: Large front area for resident and guest parking.
Expansive Backyard: Perfect for recreation or future enhancements. Potential to add a shed or garage for additional income.
Modern Updates: Freshly upgraded finishes in Unit 1 provide a move-in-ready option without further expense.
Prime Location: Just minutes from public transportation, shopping, and conveniences—including a nearby Wawa. Quick access into Philadelphia makes this property ideal for commuters.
Why This Property?
For Investors: Immediate rental income with value-add opportunities through rent increases and backyard improvements.
For First-Time Buyers: Live in the newly renovated Unit 1 and let the other two tenants cover a significant portion of your mortgage—making ownership more affordable than renting or buying a single-family home.
This is a rare chance to secure a multi-family property in a desirable location with both income stability and growth potential.
Don't miss out—schedule your showing today! There is also an online comprehensive video showing you the entire property and grounds, definitely a good place to start.
Coming Soon! Opportunity Knocks. Desirable Triplex with 2 units fully rented out. Ground floor unit was recently renovated and is available either as an Owner Occupant or could also be rented out for an existing investor....the Best of Both worlds!!
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning R-30 THREE FAMILY
Interior
Hot Water Natural Gas
Heating Forced Air,Baseboard - Electric
Cooling Central A/C,Ceiling Fan(s),Window Unit(s)
Flooring Carpet,Wood,Vinyl,Hardwood
Equipment Built-In Microwave,Built-In Range,ENERGY STAR Refrigerator,Microwave,Oven - Self Cleaning,Oven/Range - Gas
Exterior
Water Access N
Roof Type Architectural Shingle,Rubber
Building
Lot Description Backs - Open Common Area,Landscaping,Rear Yard,SideYard(s)
Foundation Brick/Mortar,Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard
Virtual Tour https://youtu.be/hPRQJ8Qmx1o