192 N Lansdowne Ave Apt B1, Lansdowne PA: A $75,000 Victorian Condo With Renovation Potential

A historic Victorian residence with nearly 1,500 square feet of interior space, three bedrooms, original architectural details, and a location just minutes from Philadelphia is now listed for $75,000.

Located at 192 N Lansdowne Ave Apt B1, Lansdowne, PA 19050, this condominium is part of Essex House, a historic property dating back to approximately 1900. While the unit requires extensive renovation, the listing highlights a remarkable collection of original features, including hardwood floors with walnut inlay, high ceilings, stained glass, built-in cabinetry, original tile fireplaces, and a wraparound front porch.

The property offers 1,474 square feet, three bedrooms, one full bathroom, and one assigned parking space. It is being offered strictly for cash, according to the listing, and carries a monthly condo fee of $778.

That combination makes this property very different from a typical $75,000 home.

The purchase price is low, but the renovation requirements and recurring condominium costs need to be carefully considered. At the same time, buyers interested in historic architecture may find the property’s original character particularly compelling.

Property Overview

The residence at 192 N Lansdowne Ave Apt B1 is a one-level condominium unit within Essex House.

The building dates to 1900 and features a Victorian architectural style, while the unit itself contains many original elements associated with the period.

The main listing details include:

• Asking price: $75,000
• Address: 192 N Lansdowne Ave Apt B1, Lansdowne, PA 19050
• Property type: Condominium
• Bedrooms: 3
• Bathrooms: 1 full bathroom
• Living area: 1,474 square feet
• Year built: 1900
• Architectural style: Victorian
• Condition: Fixer
• Monthly condo fee: $778
• Annual property taxes: $2,673
• Assigned parking: 1 space
• Heating: Natural gas, hot water
• Cooling: None / electric
• Basement: None
• Water: Public
• Sewer: Public sewer
• Zoning: R
• Listing terms: Cash
• Condo community: Essex House Condominiums
• MLS: PADE2113552

The property had been listed on Zillow for 142 days based on the supplied information.

A Victorian Residence With Original Character

The strongest feature of this property may be its architectural character.

The listing describes the unit as an oversized residence with beautiful original Victorian character.

Historic details can be difficult to reproduce in modern construction. Features such as high ceilings, stained glass, original hardwood floors, built-in cabinetry, and decorative fireplaces can give an older home a distinctive sense of place.

For buyers who appreciate historic properties, these details may be more important than having a completely modern interior.

The challenge is that preserving historic character while modernizing the property’s systems can require careful planning.

The listing explicitly identifies the unit as a fixer and states that it needs extensive renovation.

Nearly 1,500 Square Feet at an Entry-Level Price

The unit offers approximately 1,474 square feet of interior living space.

At the $75,000 asking price, the listed price works out to approximately $51 per square foot.

That is a strikingly low purchase price on a simple square-footage basis, but buyers should avoid evaluating this property by price per square foot alone.

The unit requires extensive renovation, and the $778 monthly condominium fee represents a substantial ongoing ownership expense.

The combination of purchase price, renovation budget, condo fees, property taxes, insurance, and financing or carrying costs should be considered as one complete financial picture.

A Semi-Private Entrance From the Wraparound Porch

One of the property’s most charming features is its entrance.

The unit has a semi-private entrance from the wraparound front porch, which the listing says is shared with just one other unit.

That arrangement provides an unusual transition between the historic exterior and the private interior.

A wraparound porch is also an important architectural element in Victorian-era properties.

For a future owner, the porch could serve as an attractive outdoor sitting area while contributing to the building’s overall historic appearance.

Because the porch is part of a condominium property, however, buyers should confirm which portions are individually owned versus common elements and understand who is responsible for maintenance and repairs.

Spacious Living Room

Inside, the residence features a generously sized living room.

The room reportedly includes:

• Hardwood flooring
• Walnut inlay
• High ceilings
• An original tile fireplace

These features can create a particularly distinctive living space once the renovation is completed.

The high ceilings may also contribute to the perception of additional space, while the wood flooring and original trim help retain the property’s period character.

Original Tile Fireplace

The living room contains an original tile fireplace, one of the property’s notable historic details.

The listing’s facts section does not identify the unit as having a fireplace, despite the description specifically mentioning original tile fireplaces. This is an example of listing data that prospective buyers should verify during an inspection.

Even if the fireplace is decorative rather than operational, it may remain an important architectural feature.

A qualified professional should determine whether the fireplace and chimney system are safe and whether they are currently usable.

Hardwood Floors With Walnut Inlay

The flooring is another standout feature.

The living room reportedly includes hardwood floors with walnut inlay.

Decorative inlay work is one of those details that can give an older property a distinctive appearance.

The condition of the floors should be evaluated during the renovation process.

If they can be restored rather than replaced, preserving them could help maintain the character of the historic residence.

Formal Dining Room With Stained Glass

The unit also contains a formal dining room.

The dining room features a stained-glass window and built-in china cabinet.

These details are especially consistent with the architectural character buyers might expect from a turn-of-the-century Victorian residence.

A built-in china cabinet can also provide useful storage without requiring additional furniture.

For someone renovating the property, this room could become one of the home’s defining spaces.

Three Well-Proportioned Bedrooms

The property contains three bedrooms, all located on the main level according to the listing information.

That is a considerable amount of bedroom space for a 1,474-square-foot unit.

The layout could potentially accommodate a traditional primary bedroom along with two additional bedrooms for family members, guests, office use, or other purposes.

The listing describes the bedrooms as well proportioned rather than unusually small.

One bedroom also contains its own original tile fireplace, adding another historic feature.

As with the living-room fireplace, buyers should have the feature evaluated to determine its condition and whether it is decorative or functional.

One Full Bathroom

The unit has one full bathroom.

For a three-bedroom residence, one bathroom may be less convenient than the two-bathroom layouts common in newer homes.

However, bathroom additions or reconfiguration may be possible in some condominium properties, depending on the plumbing configuration, building structure, condominium documents, and local regulations.

A buyer considering such changes should obtain approval before assuming any alteration will be permitted.

Kitchen With Laundry Hookups

The kitchen includes laundry hookups and provides access to the rear parking area.

Having laundry connections within the unit can be convenient, particularly compared with properties where residents must use shared laundry facilities.

The listing also indicates that a gas water heater is included.

The kitchen itself appears to be one of the areas where modernization may be necessary, especially given the property’s overall fixer condition.

A future renovation could potentially focus on updating cabinets, counters, appliances, lighting, plumbing fixtures, and finishes while retaining compatible historic details elsewhere in the residence.

Natural Gas Heating

The property uses natural-gas hot-water heating.

This provides an established heating system rather than requiring the buyer to design an entirely new heating solution.

However, the age and condition of the heating equipment should be determined during inspection.

The listing also indicates no conventional cooling, with electric cooling listed in the facts.

Buyers who want central air conditioning should investigate whether installation is feasible within the building and condominium rules.

No Basement

The unit does not have a basement.

That means buyers should not expect the additional storage or mechanical space often associated with older single-family homes.

On the positive side, the absence of a basement can eliminate certain basement-related maintenance concerns, such as water intrusion or foundation issues in below-grade living areas.

Storage planning will nevertheless be important in a three-bedroom unit.

One Assigned Parking Space

The property comes with one assigned parking space.

For a condominium located in a developed suburban community near Philadelphia, assigned parking can be a useful feature.

However, one space may not be sufficient for every household.

Potential buyers should review the condominium documents and determine the exact location and ownership or usage rights associated with the assigned space.

The listing indicates that the kitchen also provides access toward the rear parking area.

Essex House Condominium

The unit is part of Essex House Condominiums.

The monthly condominium fee is listed at $778.

That is an important part of the financial analysis.

According to the listing, the fee includes a broad range of services and expenses, including:

• Common-area maintenance
• Building maintenance
• Grounds maintenance
• Snow removal
• Trash
• Water
• Sewer
• Parking fee
• Insurance
• Management

The listing also indicates laundry as an included amenity.

Because condominium fees can change and may vary based on building expenses, buyers should review the association’s financial statements, budget, reserve funds, meeting minutes, insurance coverage, and any pending or anticipated special assessments.

The Condo Fee Is a Major Consideration

At $778 per month, the condominium fee is significant relative to the $75,000 purchase price.

This is perhaps one of the most important details for prospective buyers to understand.

A low purchase price does not necessarily mean a low monthly cost.

The annual condominium fee alone would amount to approximately $9,336, assuming the listed monthly fee remains unchanged for a full year.

Combined with the reported annual property taxes of approximately $2,673, the recurring association fee and taxes represent a meaningful carrying cost before utilities, insurance, maintenance inside the unit, and renovation expenses are considered.

Potential buyers should therefore calculate the total annual cost of ownership rather than focusing only on the $75,000 asking price.

Extensive Renovation Required

The listing explicitly describes the property as a fixer requiring extensive renovation.

This should be taken seriously.

A historic condominium may require improvements to:

• Kitchen
• Bathroom
• Flooring
• Walls and ceilings
• Electrical systems
• Plumbing
• Windows
• Doors
• Heating
• Cooling
• Lighting
• Interior finishes

The actual renovation scope can only be determined through an inspection.

The building’s age makes a professional evaluation particularly important.

Historic Character Versus Modern Renovation

One of the most interesting aspects of the property is the opportunity to balance old and new.

A complete modernization could potentially make the unit much more comfortable, but removing too many original features could diminish some of the architectural qualities that make the property distinctive.

The existing stained glass, built-in china cabinet, hardwood flooring, fireplaces, high ceilings, and Victorian details provide a strong foundation for a restoration-oriented renovation.

A thoughtful project might modernize the kitchen, bathroom, electrical systems, lighting, and other infrastructure while preserving significant original elements.

The appropriate approach depends on the buyer’s goals and budget.

Lansdowne Location

The property is located in Lansdowne, a community that combines a historic residential atmosphere with access to the Philadelphia region.

The listing emphasizes the property’s proximity to major destinations.

According to the description, Lansdowne is approximately 15 minutes from University City, Philadelphia International Airport, and I-476.

Travel times naturally depend on traffic and exact route conditions, but the location provides access to important transportation connections.

For buyers who want historic neighborhood character without giving up proximity to Philadelphia, this combination can be attractive.

Close to Regional Rail

Another major location advantage is proximity to public transportation.

The listing states that the property is approximately five blocks from the regional rail station.

That can be an important consideration for commuters who want an alternative to driving.

Access to regional rail may also make the property more interesting to buyers who prioritize connectivity to Philadelphia and surrounding communities.

Prospective buyers should verify the current station service, schedules, fares, and walking route before relying on public transportation for a regular commute.

Shops, Restaurants and Local Amenities

The property is also described as being close to Lansdowne’s shops, restaurants, farmers’ market, and newly renovated theater.

This creates a more walkable neighborhood experience than many suburban properties.

Having local businesses and community amenities nearby can be valuable for residents who want to combine the convenience of a suburban setting with access to everyday services without driving everywhere.

The property’s location therefore complements its historic architectural character.

A Potential Restoration Project

This property could appeal to someone who enjoys restoration projects.

Instead of starting with a blank modern condominium, the buyer receives an existing residence with a collection of historic details.

The challenge is transforming the space into a comfortable modern home while dealing with the realities of an older building.

That can be rewarding, but it requires realistic budgeting.

A renovation contractor should ideally provide a detailed scope of work before a buyer commits to the purchase.

Cash Purchase Requirement

The listing identifies cash as the available listing term.

That is an important consideration for potential buyers.

Anyone considering the property should confirm directly with the listing agent whether financing is categorically unavailable or whether alternative financing arrangements may be possible.

If financing is being considered, buyers should also remember that extensive renovation can make conventional mortgage approval more complicated.

A cash purchase may simplify some aspects of the transaction, but the buyer still needs to account for the full renovation budget and condominium obligations.

Property Taxes

The listing reports a tax-assessed value of $59,710 and an annual tax amount of approximately $2,673.

Property taxes can change, and the assessed value should not be interpreted as the property’s market value.

Buyers should confirm current taxes with the appropriate local authority and determine whether any reassessment could occur following the purchase.

Zillow Activity

The listing had been on Zillow for approximately 142 days and had received about 1,303 views and 107 saves, according to the supplied information.

The listing was updated on September 2, 2026.

These figures provide context about online listing activity, but they do not determine the property’s market value or future sale prospects.

The relatively long time on market may simply reflect the property’s unusual combination of extensive renovation needs, condominium fees, and cash-only listing terms.

Who Might Be Interested in This Property?

This residence is unlikely to appeal equally to every type of buyer.

Potentially interested buyers could include:

• Historic-home enthusiasts
• Renovation investors
• Cash buyers
• Buyers seeking a low purchase price
• People interested in Victorian architecture
• Philadelphia-area buyers seeking more space
• Buyers who value proximity to regional rail
• Restoration-minded homeowners

The property’s appeal will depend heavily on how much renovation work the buyer is prepared to undertake.

Questions to Ask Before Buying

A prospective buyer should conduct thorough due diligence before making an offer.

Important questions include:

What Does the $778 Condo Fee Cover?

Confirm exactly what is included and whether the fee has recently increased.

Are There Special Assessments?

Review current and planned assessments, especially given the age of the building.

How Strong Are the Condo Reserves?

A well-funded reserve account can be important for an older building.

What Major Building Work Is Planned?

Ask about the roof, exterior masonry, windows, plumbing, electrical infrastructure, and common areas.

What Is the Condition of the Unit?

Obtain a professional inspection and renovation estimate.

Are the Fireplaces Operational?

The listing describes original tile fireplaces, while the facts section does not list a fireplace. Their condition and status should be confirmed.

What Cooling Options Are Allowed?

The property currently has no conventional cooling system.

What Renovations Require Association Approval?

Buyers should understand the condominium’s rules before planning structural or mechanical changes.

What Are the Exact Parking Rights?

Confirm the assigned space and any related restrictions.

Is the Unit Insurable?

Obtain an insurance quote and confirm what the condominium association’s master policy covers versus the individual owner’s responsibilities.

A Unique $75,000 Opportunity

At $75,000, 192 N Lansdowne Ave Apt B1 stands out primarily because of what it offers for the purchase price: 1,474 square feet, three bedrooms, Victorian architecture, original decorative details, and a location near Philadelphia.

But it is not a conventional bargain property.

The unit needs extensive renovation, the purchase is listed as cash-only, and the $778 monthly condominium fee is a major ongoing expense.

The right way to evaluate the property is therefore to calculate the complete cost of acquisition and renovation.

For example, a buyer could consider the purchase price, closing costs, renovation expenses, taxes, condominium fees, insurance, utilities, and contingency reserves together.

Only then can the financial feasibility of the project be properly assessed.

Final Thoughts

192 N Lansdowne Ave Apt B1 is an unusual Victorian condominium offering substantial space and historic character at a $75,000 asking price.

The 1,474-square-foot, three-bedroom, one-bath unit contains many features that are difficult to replicate in newer construction, including high ceilings, hardwood flooring with walnut inlay, stained glass, a built-in china cabinet, original tile fireplaces, and access to a wraparound front porch.

The property is also positioned in a location with convenient access to Philadelphia-area destinations, including University City, Philadelphia International Airport, and I-476. The listing says the regional rail station is approximately five blocks away, while shops, restaurants, a farmers’ market, and a renovated theater are even closer.

At the same time, buyers need to look beyond the attractive $75,000 headline price.

The residence is explicitly described as a fixer requiring extensive renovation. It also has a $778 monthly condominium fee, approximately $2,673 in annual property taxes, no basement, no conventional air conditioning, and a cash-only listing term.

The condominium’s financial health is another critical factor. Anyone seriously considering the property should review the association’s budget, reserves, insurance, meeting minutes, rules, and potential special assessments.

Ultimately, the appeal of 192 N Lansdowne Ave Apt B1 lies in the opportunity to restore a large historic residence while preserving its original architectural identity.

For a buyer with the necessary cash, renovation budget, and appreciation for Victorian architecture, the property offers a very different proposition from a typical modern condominium: a substantial historic space with character, located close to Philadelphia, waiting for a new owner to bring it back to its full potential.

 

From Zillow