NEW! Buy and sell safely with virtual options - Learn More
About the Listing KELWLMDA - 3154223
*NOTICE: This is a legal 5-unit commercial multifamily asset. Due to MLS data entry constraints, it is flagged as a 4-unit in this residential sub-category.Full 5-unit details are published under primary Commercial MLS#PADE2114280 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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
PADE2115394
Year Built
1942
Total Square Footage
5,100
Lot/Acreage
0.57
County
Delaware
Neighborhood
Marshall Terrace
School District
Chichester
High School
Chichester Senior
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water,Radiator
- Fireplaces:
- Floor: Laminate Plank,Luxury Vinyl Plank,Partially Carpeted,Tile/Brick
- Above Ground Sq Ft: 5100
- Below Ground Sq Ft: n/a
- Basement: Partial
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Front Yard,Rear Yard,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 8
- Lot Dimensions: 108.00 x 200.00
- Zoning: Multiple Dwellings 5 Units Apt Building
- Roof: Pitched,Shingle
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Private,Public,Additional Storage Area,Driveway,On Street,Detached Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $10,460
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
217 White Linwood, PA 19061
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
