608 Pembroke Ave, Lansdowne, PA 19050
Local realty services provided by:ERA Liberty Realty
608 Pembroke Ave,Lansdowne, PA 19050
$250,000
- 3 Beds
- - Baths
- 3,000 sq. ft.
- Multi-family
- Active
Listed by:jonathon gutkind
Office:bhhs fox & roach-haverford
MLS#:PADE2099988
Source:BRIGHTMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$83.33
About this home
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.
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Home facts
- Year built:1930
- Listing ID #:PADE2099988
- Added:17 day(s) ago
- Updated:October 02, 2025 at 01:39 PM
Rooms and interior
- Bedrooms:3
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Architectural Shingle
- Year built:1930
- Building area:3,000 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$83.33
- Tax amount:$4,664 (2025)
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