24 W Stewart Ave, Lansdowne, PA 19050

$425,000

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List Price
$425,000
Price Change
▼ $125,000 1778890203
Days on Market
104
Status
ACTIVE
MLS#
PADE2112628
Lot Size (Acres)
0.13
Year Built
1910
County
Delaware
School District
William Penn

Property Description

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.

Additional Information

Area
Lansdowne Boro (10423)
Taxes
$7659
School District
William Penn
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate - Media. Contact: 6105651995