16 N RIGBY AVE Lansdowne, PA 19050

Very large triplex in the center of Lansdowne, right off E Baltimore Ave. 3 large units with 2 bedrooms in each unit. Great cash flow to live in one unit and rent the others out, or use as an investment property.
All windows were replaced, laminted floor replaced for all units. Owner just replced Unit 2 bedroom floor and bathroom vanity and toilet. Unit 3 kitchen floor was just replaced. Separeted electric meter, and electric hotwater heater. One gas radiator heater for the whole building. However, there were 3 gas meters before, and owner closed the other 2 meters. The new owner can arrange to reopen and reconnect the gas lines. Owner has access to basement and uses washer and dryer in basement. There is no laundry in other 2 units. The main electric service cable was replaced this year. The main circuit breaker was replaced after owner moved in in around 2015.
Large beautiful front wrap around porch leads to a double door entrance. The open foyer leads you the first floor unit and the stairs to unit 2 and 3. The main elctric service cable was replaced this year,
Unit #1 has always been owner occupied, 2 large bedrooms with 2 walk in closets and large closets. Original oak hardwood floor in one bedroom and the rest of the unit is upgraded laminated floor since 2015. Large eat in kitchen with a seperate breakfast area to the backyard, gas cooking range. Newly renovated full bathroom bathroom with stall shower double sink. Large living room bay window bring you more natural lights. access to basement and washer and dryer.
Unit #2 is vacant. was rented for 875/month and last tenant moved out last Dec. Owner did not get new tenant as she was planning to sell the property and replace the carpet in bedrom #2. It can be easily rented out for around 950-1000/month for each unit. Large living room and dining room combination, leads to a newly renovatted kitchen with wooden cabinets and electric cooking range. 2 bedrooms with large closets. Bright winows.
Unit #3, current tenant just renwed the lease for 900/month until 09/30/2024. Tenant always pays rent on time or earlier. Large living room and dining area combination, 2 large bedroms with closets, upgraded kitchen with wooden cabinets and eletric cooking range.

Full unfinished basement boosts more storage and owner's laundry area. 3 upgraded elelctri hotwater heater, one gas hotwater heater heats the whole house.
Large front and huge private fenced backyard with owner's garden. Owner always parks car in the bakyard. The driveway and front can park 6 cars.
Great cash floor for all three units.
Cap rate based on projected income for unit 1-1,000, unit #2-900, unit 3-900/month. It can be more than 8 if rent increases to 1000 for each.
ALL OFFERS ARE DUE BY 6PM ON TUESDAY, AUGUST 1ST!