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24 W Stewart Ave - Sober Living/Recovery Home in Lansdowne PA 2,282 SF Health Care Building Offered at $1,750,000 at a 11.14% Cap Rate in Lansdowne, PA 19050
Investment Highlights
- Zoned and approved for recovery residence use with existing income stream.
- Includes wraparound porch, large living and dining areas, and central air conditioning.
- Strong access to public transit and major roadways supporting regional connectivity.
- Configured with 11 beds, three full bathrooms, and community-oriented living spaces.
- Conveniently located near Lansdowne Avenue retail, dining, and essential services.
Executive Summary
Portfolio of 5 sober living homes totaling 40+ beds. In operation and incompliance with local zoning ordinances and licensing. Listed property showing in pictures is 24 W Stewart Ave Lansdowne PA. This property presents a rare investment opportunity in the heart of Lansdowne, blending real estate stability with income-generating operations. Currently configured as a fully functional sober living and recovery residence, the asset boasts a proven track record with annual revenue approximately $104,000 and leases in place. The home features 11 beds within a flexible layout that supports continued use as a recovery facility or alternative group living arrangements, allowing for potential occupancy growth and operational optimization. Other addresses in the portfolio are 510 Sharon Ave Sharon Hill PA, 327 E Bedford Ave Collingdale, 327 E Baltimore Ave Clifton Heights and 927 Bedford Ave Collingdale PA
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,750,000 | Building Class | C |
| Price Per Bed | $43,750 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,282 SF |
| Cap Rate | 11.14% | No. Beds | 40 |
| Property Type | Health Care | No. Stories | 3 |
| Property Subtype | Rehabilitation Center | Year Built | 1910 |
| Price | $1,750,000 |
| Price Per Bed | $43,750 |
| Sale Type | Investment |
| Cap Rate | 11.14% |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,282 SF |
| No. Beds | 40 |
| No. Stories | 3 |
| Year Built | 1910 |
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Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-00-03016-00 | Improvements Assessment | $105,610 (2025) |
| Land Assessment | $65,470 (2025) | Total Assessment | $171,080 (2025) |
Property Taxes
Parcel Number
23-00-03016-00
Land Assessment
$65,470 (2025)
Improvements Assessment
$105,610 (2025)
Total Assessment
$171,080 (2025)
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24 W Stewart Ave - Sober Living/Recovery Home in Lansdowne PA
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