This ten-unit property is comprised of two buildings on conjoining parcels and within walking distance of Downtown Lansdowne and SEPTA’s Lansdowne Station for regional rail and numerous bus routes. This location affords residents access to shops and restaurants in Downtown Lansdowne and Center City Philadelphia. The property consists of (9) stacked and mirrored one-bedroom/one-bath apartment units, (1) five-bedroom house, and (8) detached income-producing garages. The property is 90% occupied and has run historically at 100% occupancy or better. The owner has had its first vacancy in over four years and has opted to leave it open for marketing purposes. In the immediate area, properties have run at 95% occupancy or better, providing a strong and stable tenant base year over year. The Lansdowne rental submarket remains strong given the demand for workforce housing. In addition, there are high barriers to entry as there is no available land for new apartment properties to be built, adding to increased demand from renters. Thus, making this an excellent long-term hold for potential buyers. The Nyack Avenue property is an excellent value-add opportunity for a new buyer. The properties have been well maintained, leaving little to no deferred maintenance. Rents are about 10% to 15% below market “as is”. A new owner could raise rents to competitive market rates with little to no updates needed. The property at 20-24 Nyack Avenue offers potential buyers an excellent long-term hold in highly sought-after Delaware County, Pennsylvania.