Investors welcome! Fully renovated income-producing property with multiple units. This exceptional investment property offers an outstanding opportunity for both investors and owner-occupants. Completely renovated from top to bottom, the building consists of three separate units. Two of them are residential and one unit on the first floor is commercial with officially transferring documents. Currently one unit is rented and generates approximately $1525 per month income. The two remaining vacant units can generate an additionally about $2,500 per month in income. The seller is motivated so we are ready to suggest 2% seller assistance. Unit 1 (Commercial): A versatile commercial space previously used as an office, featuring a renovated powder room, dedicated storage area, and modern finishes. Perfect for an office, retail space, or other small business use.
Unit 2 (Residential): A spacious 2-bedroom apartment boasting hardwood flooring, a brand-new modern kitchen with stainless steel appliances, and updated fixtures throughout. Unit 3 (Residential): A large 3-bedroom apartment with similar upgrades including hardwood flooring, a fully renovated kitchen with stainless steel appliances, and ample living space. All units have been tastefully redone, blending modern comfort with long-term durability. The property benefits from low property taxes, making it even more attractive for investors seeking strong returns and positive cash flow. The location is ideal—close to shopping, dining, transportation, and other amenities—ensuring steady rental demand. Whether you’re looking to maximize income by renting all three units, or prefer to live in one and rent out the others, this property offers the perfect balance of comfort and profitability. Don’t miss your chance to own this turnkey investment property! Schedule your private showing today and start generating income immediately.
Listed by Michael Lisitsa
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License #RM418734
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Elite Realty Group Unl. Inc.
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2155190033
Last updated December 11, 2025
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Source: BrightMLS #PAPH2544096
Listing Facts
TypeMulti-family
NeighborhoodCarroll Park
Days on Prevu69
Taxes$3,057/year
Size2,550 sqft
Price per sqft$116
Location
Mortgage Calculator
Listing History
12/12/2025
Price Decreased
$295,000
11/28/2025
Price Decreased
$299,990
10/18/2025
Price Decreased
$309,000
10/05/2025
Listed by Elite Realty Group Unl. Inc.
$315,000
Property Details for 5514 Lansdowne Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1925
Architectural Style: Colonial
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 15
Lot Size Source: Assessor
Lot Size Square Feet: 1,305
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,057.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 2,550
Living Area Source: Assessor
Rooms
Has Basement: No
Other
Location
Tax Lot: 146
Parking
Parking
Garage: No
Schools
High School
High School: OVERBROOK
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Baseboard - Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 5514 Lansdowne Avenue.
What schools are nearby to 5514 Lansdowne Avenue?
Nearby schools include the OVERBROOK High School.
What are the annual taxes for 5514 Lansdowne Avenue?
Annual taxes for this multi-family home are estimated at $3,057.
How does 5514 Lansdowne Avenue compare to other multi-family homes in Carroll Park?
This multi-family home is listed 11% above the average price for multi-family homes in Carroll Park and has been on the market for 38 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,550 sqft.
5514 Lansdowne Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19131. Listed on Prevu for 69 days at $295,000. This includes a recent price decrease of $4,990. This property features 2,550 square feet of living space, located in Carroll Park. The median listing price for multi-family homes in this area is $177,500. Nearby schools include OVERBROOK High School. Browse more multi-family home listings in Philadelphia.
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