Colonial, Traditional, Contemporary
23 N WYCOMBE AVENUE
LANSDOWNE , PA 19050
MLS#: PADE2101330
$389,999
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,450
Welcome to an exceptional investment and homeownership opportunity in the heart of Lansdowne. This three-unit triplex is ideal for savvy investors seeking cash flow, as well as first-time buyers who want the comfort of owning while having tenants offset their mortgage. Unit Mix & Income Potential Unit 1 (Vacant – Move-In Ready!): Newly renovated two-bedroom apartment featuring luxury vinyl plank flooring, a spacious modern kitchen, brand-new bathroom, dedicated laundry, and both front and rear private entrances. This turn-key unit is perfect for an owner-occupant. It can also be rented in advance of settlement if an investor is looking to have the triplex maximizing its return asap. Unit 2 (Rented): Stable tenant paying $1,200/month. Unit 3 (Rented): Stable tenant paying $1,350/month. Both occupied units offer excellent upside potential, with rents that can be raised over time to further increase returns. Property Features Ample Parking: Large front area for resident and guest parking. Expansive Backyard: Perfect for recreation or future enhancements. Potential to add a shed or garage for additional income. Modern Updates: Freshly upgraded finishes in Unit 1 provide a move-in-ready option without further expense. Prime Location: Just minutes from public transportation, shopping, and conveniences—including a nearby Wawa. Quick access into Philadelphia makes this property ideal for commuters. Why This Property? For Investors: Immediate rental income with value-add opportunities through rent increases and backyard improvements. For First-Time Buyers: Live in the newly renovated Unit 1 and let the other two tenants cover a significant portion of your mortgage—making ownership more affordable than renting or buying a single-family home. This is a rare chance to secure a multi-family property in a desirable location with both income stability and growth potential. Don’t miss out—schedule your showing today! There is also an online comprehensive video showing you the entire property and grounds, definitely a good place to start. Coming Soon! Opportunity Knocks. Desirable Triplex with 2 units fully rented out. Ground floor unit was recently renovated and is available either as an Owner Occupant or could also be rented out for an existing investor....the Best of Both worlds!!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s), Crown Molding
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2450.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Forced Air, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Parking
Asphalt, Off Street, On Street, Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Back Yard
-
Lot Size(acres)
0.14
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Colonial, Traditional, Contemporary
Price
-
Sales Price
$389,999
-
Tax Amount
7139.0
-
Sq. Footage
2, 450
-
Price/SqFt
$159
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Accessibility Features
Accessible Doors
-
Foundation Details
Brick/Mortar, Stone
-
Sewer
Public Sewer
-
Tax Lot
388-001
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
Middle School
High School
Listing Courtesy of Matthew Lenza , Real Broker LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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