Join Sign In

217 White , Linwood, PA 19061

$575,000
  • 217 White , Linwood, PA 19061 Main Photo

107 Total Photos [Click to View All]

New to the Market
BEDS0 BATHS MLS#PADE2114280
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONMARSHALL TERRACE SCHOOLCHICHESTER

Property Description

Rare opportunity to acquire a fully occupied, turnkey 5-unit multifamily investment asset generating approximately $77,100 gross annual income with estimated NOI of approximately $53,500 and an attractive 9.3% cap rate at asking price. Stabilized long-term tenancy, strong in-place cash flow, and favorable debt-service coverage characteristics position this property well for conventional commercial, DSCR, and multifamily financing options. Investor-friendly unit mix includes three 1BR units and two 2BR units. Extensive recent capital improvements include updated kitchens and bathrooms throughout, newer roof, and newly constructed oversized private deck off Unit D enhancing rental appeal and future income growth potential. Additional income opportunities include on-site laundry, potential garage/storage rental income, future parking expansion possibilities, and possible rear-yard expansion or redevelopment potential subject to buyer’s independent zoning and municipal approvals. Property features a 2-car garage, loft storage area, large multi-vehicle driveway, strong curb appeal, and limited deferred maintenance. Excellent opportunity for investors, local landlords, and 1031 exchange buyers seeking a stabilized, financeable, income-producing multifamily asset with immediate cash flow and long-term upside in a strong Delaware County rental market. Financials, OM, and rent roll available upon request. Serious qualified investors only.

217 White | MLS# PADE2114280

This commercial property located at 217 White , Linwood, PA 19061 is currently listed for sale with an asking price of $575,000. White is located within the CHICHESTER school district. Search Linwood real estate on www.homesale.com today.

Property Features

Property Type: Commercial -
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Hot Water, Radiator
Lot Size: 0.57 Acres
Roof Type: Pitched, Shingle
Taxes: $10,460
Year Built: 1942

Feature Descriptions

Electric: 200+ Amp Service
Exterior: Vinyl Siding, Aluminum Siding
Flooring: Laminate Plank, Luxury Vinyl Plank, Partially Carpeted, Tile/Brick
Location: Suburban
Lot: Level, Front Yard, Rear Yard, SideYard(s)
Lot Dimensions: 0.57 Acre(S)
Municipality: LOWER CHICHESTER TWP
Parking Notes: Private, Public
Sewer: Public Sewer
Total Garage/Parking Spaces: 6
Units: 5
Water: Public

Local Schools

High School: CHICHESTER SENIOR
Middle School: CHICHESTER
School District: CHICHESTER

Listed By / Shown By

Listed By

Agency Name: Keller Williams Real Estate - Media
Agency Phone: 6105651995

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

IDX logo

Login to Saved Search

Pixel