PA > Philadelphia > West Philadelphia
Philadelphia, PA 19131,5501 LANSDOWNE AVE
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Philadelphia, PA 19131,5501 LANSDOWNE AVE
Philadelphia, PA 19131,5501 LANSDOWNE AVE
Philadelphia, PA 19131,5501 LANSDOWNE AVE
Philadelphia, PA 19131,5501 LANSDOWNE AVE
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Rick Sanderson Jr

Rick Sanderson Jr

+1(856) 905-0830
Listed by Jennifer L Bennett • Perfect Place Real Estate Co.
$ 399,900
Est. payment /mo
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Price Dropped by $30K

5501 LANSDOWNE AVE Philadelphia, PA 19131

2,086 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision West Philadelphia

MLS Listing ID PAPH2537582

Year Built 1915

Annual Tax Amount $3,064

Tax Year 2024

Lot Size 2,086 Sqft

Acres 0.05

Lot Dimensions 20.00 x 101.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

INVESTORS! Don't miss this high-upside 5/6-unit corner property in West Philadelphia with a motivated seller—4,191 sq ft with value-add improvements already completed, four units rent-ready, and vacant residential units so you can choose tenants and set market rents; the ground-floor barbershop is well-established and wants to stay, featuring a waiting area, barber parlor, two bathrooms, storage, and separate systems. Unit highlights include a rear 1BR upgraded with new windows, a 2nd-floor front unit with a flexible layout (potential 2–3BR) plus kitchenette and full bath (currently occupied, can be delivered vacant), and a fully renovated 2nd-floor rear 1BR that's vacant and rent-ready with new floors, a modern kitchen, and great closet space. The 3rd floor is a shell ready for a full rehab—create a 3BR, two studios, or another configuration to maximize income—plus you'll benefit from a certified fire alarm system, updated electrical, separate utilities, and an extra-large basement with outside access (buyer to verify potential use), all in a convenient location near transportation, schools, and shopping; showings by appointment with 24+ hours' notice, submit your highest and best— all offers will be presented.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator, Baseboard - Electric

Cooling None

Flooring Laminated

Heat Source Natural Gas, Electric

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871053100

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Bright MLS (BMLS)
Rick Sanderson Jr

Rick Sanderson Jr

Agent | License ID: 0790603

+1(856) 905-0830

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5501 LANSDOWNE AVE

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