0.47 Acres Lot
0.47 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PADE2099594
Year Built 1940
Annual Tax Amount $3,608
Tax Year 2024
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 156.00 x 130.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Welcome to 51 Nyack Avenue, a legally zoned six-unit apartment building in the heart of Lansdowne, PA. This well-maintained property generates a robust monthly rent roll of $7,347. An average of $1,225 per unit delivering strong, turnkey cash flow from day one. Each residence is equipped with modern mini-split heating and cooling systems, ensuring efficient year-round comfort with tenants paying electricity in the building. With updated systems, and recent improvements—including new windows, sewer line, sidewalks, landscaping, roof servicing, Brick repointing done in 2019, On-site parking, and bathroom exhaust fan upgrades—this property is fully compliant with Lansdowne's rental requirements and positioned for long-term success.
Perfectly situated near shopping, dining, the local library, and public transportation—including the nearby train station—51 Nyack Avenue offers unbeatable tenant appeal and sustained rental demand.
Don't miss this rare opportunity to secure a stable, income-generating asset in a thriving rental market.
Location
State PA
County Delaware
Area Lansdowne Boro (10423)
Zoning RES
Interior
Hot Water Natural Gas
Heating Other
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District William Penn
Others
Tax ID 23-00-02336-00
Ownership Fee Simple
Special Listing Condition Standard
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