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 and currently generates approximately $1525 per month in rental 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 October 21, 2025
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Source: BrightMLS #PAPH2544096
Listing Facts
TypeMulti-family
NeighborhoodCarroll Park
Days on Prevu19
Taxes$3,057/year
Size2,550 sqft
Price per sqft$121
Location
Mortgage Calculator
Listing History
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
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