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About the Listing KELWLMDA - 3188408
Turnkey investment opportunity in the heart of Lansdowne. This well-maintained property is currently operating as a sober living/recovery residence with strong, consistent income. Generating approximately $104,000 annually, the home is configured with 11 beds and offers additional upside potential with the ability to increase occupancy. Both the real estate and the business operations with leases in place are for sale. The property features spacious common areas including a large living room, multiple sitting areas, and an inviting wraparound front porch, creating a comfortable and community-oriented environment for residents. The kitchen and dining area are well-sized to accommodate group living, while the layout provides flexibility for continued use as a recovery home or similar residential income-producing use. Additional highlights include central air conditioning, 3 full bathrooms, and basement laundry, all contributing to ease of management and tenant convenience. The home has been well cared for and is positioned for a new owner to step in and continue operations or further optimize performance. Located in a convenient Lansdowne setting with easy access to transportation, shopping, and local amenities on Lansdowne Ave, this is a rare opportunity to acquire a cash-flowing asset with both stability and growth potential.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Commercial Sale
MLS ®
PADE2112628
Year Built
1910
Total Square Footage
2,282
Lot/Acreage
0.13
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 48.00 x 149.00
- Zoning: Approved variance for recovery home.
- Roof: Architectural Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,659
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
24 W Stewart Ave Lansdowne, PA 19050
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