Average square foot calculated using Size range provided by listing agent.
Description
Investor’s Dream in Lansdowne – 6-Unit Income-Producing Building 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, lead-safe certification, 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.Show Description
MLS® NumberPADE2099594
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatOther, Electric
A/CDuctless/Mini-Split, Electric
Heating Fuel
Extras
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