Property

Philadelphia, PA 19131 5533 Lansdowne Avenue 35

Pending
5533 Lansdowne Avenue 35 Philadelphia, PA - Image 15533 Lansdowne Avenue 35 Philadelphia, PA - Image 25533 Lansdowne Avenue 35 Philadelphia, PA - Image 3
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5533 Lansdowne Avenue 35 Philadelphia, PA - Image 45533 Lansdowne Avenue 35 Philadelphia, PA - Image 55533 Lansdowne Avenue 35 Philadelphia, PA - Image 65533 Lansdowne Avenue 35 Philadelphia, PA - Image 75533 Lansdowne Avenue 35 Philadelphia, PA - Image 85533 Lansdowne Avenue 35 Philadelphia, PA - Image 95533 Lansdowne Avenue 35 Philadelphia, PA - Image 105533 Lansdowne Avenue 35 Philadelphia, PA - Image 115533 Lansdowne Avenue 35 Philadelphia, PA - Image 125533 Lansdowne Avenue 35 Philadelphia, PA - Image 135533 Lansdowne Avenue 35 Philadelphia, PA - Image 145533 Lansdowne Avenue 35 Philadelphia, PA - Image 155533 Lansdowne Avenue 35 Philadelphia, PA - Image 165533 Lansdowne Avenue 35 Philadelphia, PA - Image 175533 Lansdowne Avenue 35 Philadelphia, PA - Image 185533 Lansdowne Avenue 35 Philadelphia, PA - Image 195533 Lansdowne Avenue 35 Philadelphia, PA - Image 205533 Lansdowne Avenue 35 Philadelphia, PA - Image 215533 Lansdowne Avenue 35 Philadelphia, PA - Image 225533 Lansdowne Avenue 35 Philadelphia, PA - Image 235533 Lansdowne Avenue 35 Philadelphia, PA - Image 245533 Lansdowne Avenue 35 Philadelphia, PA - Image 25
Presented By: Century 21 Advantage Gold-South Philadelphia
  • MLS# PAPH2312656
  • 01/18/2024
  • Request Tour
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Home Details

RARE OPPORTUNITY to own this very unique & LARGE Empty Lots with a size of 31 ft. (width) by 98 ft. (length) totaling about 3,038 sq. ft.! This Empty Lot was newly paved in 2010! 5533-5535 Lansdowne Avenue large empty lots ($99,900) (Tax ID# 885020580) MUST BE PURCHASED together with the LARGE CORNER Mixed-Use Commercial Laundromat located at 5529-31 Lansdowne Avenue ($799,900) (Tax ID# 882933280). According to Public Record, this Large Empty Lot is zoned as CMX-2 (Commercial Mixed-Use)! CORNER Laundromat next door to this huge lot has 1 spacious Apartment Unit at the rear of the property in the heart of Carroll Park (West Philadelphia)! This spacious Laundromat is setup as a Coin Laundromat Business that consists of all stainless steel appliances (34 Dryers & 26 Washers). Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a small office area towards the back of the Laundromat. To the right of the small office is a half bathroom. The Laundromat generates averagely of about $7,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7:30AM to 7:30PM, all 7 days a week. In addition, theres an Apartment Unit at the rear of the building. This apartment unit is very spacious & consists of 1 good-size Bedroom, 1 Full Bathroom & Updated Kitchen! It has nice tile floors all throughout! Full Bathroom consists of tile floors & walls, sink, toilet, and stand-up shower with glass door! Kitchen has updated granite counter-top, plenty of wood cabinets, and kitchen appliances (Stove/Range & Range Hood). There are 2 utility rooms at the rear of the property. Behind the apartments kitchen is a fenced in driveway that can fit up to 2 cars. This separate LARGE Empty Lot can fit up to about 8-10 cars, which is also fenced up. ALL Major appliances (Hot Water Heater, Commercial-Grade Hot Water Heater, Central Heater System) & Rubber Roof are installed between 2008-2010 when this building was being constructed. There are also video surveillance cameras from outside the property! Start off your new home, business or investment with the very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Sewer fee is about $20/mo. for the Lots! IF renting out the Apartment Unit from the Laundromat, 1 Bedroom Apartment rents can be projected to bring in around $1,050-$1,250/mo. in the area for rent! That is potentially another $12,600-$15,000 gross income that the mixed-use commercial can generate in addition to the Laundromat business. Below are some of the Business Expenses for the Laundromat: Water ($582/mo.), Electric ($280/mo.), Gas ($586/mo.), Trash ($500/year), Sewer ($36/mo.), Comcast Cable Internet ($96/mo.); Property & Liability Insurance ($7,000/year), Property Tax ($1,909/year) . Run the existing Laundromat business & generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity for these Lots! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Philadelphia's International Airport, Fairmount Park, Drexel Univ., Univ. of the Sciences, Univ. of Pennsylvania, Saint Josephs Univ., Center City, Philadelphia Zoo, Childrens Please Touch Museum, & many more! PRICED VERY COMPETITIVELY TO SELL! Get an offer in quickly before it's gone!
Presented By: Century 21 Advantage Gold-South Philadelphia

General for 5533 Lansdowne Avenue 35

Acceptable FinancingCash, Conventional
Additional Parcels Y/NNo
Association AmenitiesNone
Association Fee IncludesNone
Association Recreation FeeN
CityPHILADELPHIA
Clean Green Assessed Y/NNo
Condo/Coop Association Y/NNo
CountyPHILADELPHIA
Current UseLand/Lot Only
DirectionsBetween Lansdowne Avenue, N. Allison Street & Hunter Street
HOANo
Historic Y/NNo
Location TypeMiddle Of Block
Lot Size Square Feet3038.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
ModificationTimestamp2025-05-01T09:13:11
MunicipalityPHILADELPHIA
OwnershipFee Simple
PossessionImmediate
Possible UseLand/Lot Only
Price Per Sq Ft Total AG32.88
Property SubtypeLand
Property TypeLand
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Subdivision NameCARROLL PARK
Tax Annual Amount510.0
Tax Assessed Value36500.0
Tax Lot73N2
Tax Year2024
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
UtilitiesNone
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
ZoningCMX2

Exterior for 5533 Lansdowne Avenue 35

FencingChain Link
Horse Y/NNo
Land Use CodeSC
Lot Dimensions31.00 x 98.00
Lot FeaturesInterior, Private
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Number of Lots2
Other EquipmentNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Overbrook High School
Elementary School Edward Heston Elementary School
Middle School Edward Heston Middle School

YOLANDA CASSIDY-BOGAN

Associate
Price $99,900
MLS#PAPH2312656
List Date 01/18/2024
Property Type Pending
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