23 N Wycombe Avenue, Lansdowne, PA 19050

Property Description

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!!