14 E Albemarle Ave

Lansdowne, PA 19050

Attention Investors! Come take a look at this huge historic property with tons of income potential! Here is your opportunity to turn this property into a cash cow! This property was built in 1858 and comes with a framed full history and pictures of the house and its original owners! Enter into the large front foyer, where you can enter into the 1st floor unit (3 bedrooms?). It has high amazingly high ceilings and original moldings from the era. Head up the stairwell to the second floor unit, has 2 bedrooms, a large living room and dining room, bathroom and kitchen. Finally, head up one final flight of stairs to the top floor unit. This unit is move-in ready and consists of a kitchen/dining room combo, a bathroom, and 3 additional rooms, which could all be used as bedrooms, or use one as a living room area. There are all new windows in this unit. Potential income can be 1100-1200 for each 2 bedroom unit and 1200-1300 for a 3 bedroom unit . But wait- there?s more! There is a 2 story garage where 2 bay doors can be added and rented out for storage space. This could add a few hundred more, for a total anticipated gross income of around 3500-4000/month. Each unit has a washer and dryer and/or hookup, its own heater, electric, and water heater to easily pass utility costs along to the tenants. 1st floor has a newer water heater, and the 2nd floor has a new gas furnace. Access to the basement is in the wrap around porch in the back of the house. Close to shops, Rte 3, Rte 1, and Garrett Rd Trolley Station to take you into the city! Come see what Lansdowne has to offer, on this beautiful quiet residential street in the north end of town.