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Photo of 608 Pembroke Avenue, Lansdowne PA
608 Pembroke Avenue
Lansdowne, PA 19050
# of Units
2
1 Bdrm Units
1
2 Bdrm Units
1
Acres
0.04
Interior SqFt
4,280
Age
95
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
4,664
Additional Details Below

Description

Investor Alert! Instant Cashflow Property. Well-maintained duplex located in the borough of East Lansdowne. Building is fully rented with both tenants present for over 10 years. The bones of this property are in excellent condition. The roof is 3 years old, there are replacement windows throughout, updated electric, new washers and dryers for each apartment, newer furnaces, and separate utilities for each apartment. Owner pays for water and sewage. The first floor is a large 1 bedroom, 1 bath apartment with a large living room, dining room, and eat-in kitchen. The second floor is a 2 bedroom, 1 bath apartment, which comprises the 2nd and 3rd stories of the building. This unit also has a large living room and dining room, eat-in kitchen, and all-seasons rooms. The third level of this unit has another bedroom and a large, finished area which can easily be used as another bedroom, office, or playroom. It is currently being utilized as a large closet area. The second and third levels of this apartment also have new carpeting. Rents are currently $860 and $1000 and are considerably low for the area, but the owner has preferred to keep the rents lower since the tenants have been there for over a decade and would like to remain. Rents should be $1000 for the first floor and $1400 for the second apartment, which are in line with similar units in the area. These rents would jump the CAP Rate to 7.7%!!! Seller is a licensed PA Real Estate Agent and Listing Agent is related to Seller.

Location

Driving Directions

Route 1 to Lansdowne Ave, L on Stewart which becomes Pembroke

Listing Details

Summary
Architectural Type

Colonial

Interior Features
Flooring

Carpet, Laminated

Basement

Poured Concrete, Unfinished, Stone

Interior Features

Carpet, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Table Space

Appliances

Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Exterior Features
Lot Features

Front Yard

Exterior Features

Sidewalks, Street Lights, Aluminum Siding, Stone, Mixed Plumbing, Copper Plumbing

Utilities
Cooling

Ceiling Fan(s), Window Unit(s), Natural Gas

Heating

Radiator, Natural Gas

Hot Water

60+ Gallon Tank

Sewer

Public Sewer

Water

Public

Additional Utilities

Above Ground, Electric: 200+ Amp Service

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Resid
Lattitude : 39.942830
Longitude : -75.261090
MLS# : PADE2099988
Views : 42
Listing Courtesy: Jonathon Gutkind of BHHS Fox & Roach-Haverford

Notes

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Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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