217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
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Listed by Michael Gennett • Keller Williams Real Estate - Media
$ 575,000
Est. payment | /mo

0.57 Acres Lot


Save
$ 575,000
Est. payment | /mo
Save

0.57 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Marshall Terrace

MLS Listing ID PADE2114280

Year Built 1942

Annual Tax Amount $10,460

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 108.00 x 200.00

Property Sub-Type Five Or More Units

Source BRIGHT

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.

Location

State PA

County Delaware

Area Lower Chichester Twp (10408)

Zoning R-90 MULTIPLE DWELLINGS

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Window Unit(s)

Flooring Laminate Plank, Luxury Vinyl Plank, Partially Carpeted, Tile/Brick

Inclusions Washer, dryer, lawnmower, refrigerators

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 6

Garage N

Building

Lot Description Level, Front Yard, Rear Yard, SideYard(s)

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Chichester

High Schools Chichester Senior

School District Chichester

Others

Tax ID 08-00-01195-00

Ownership Fee Simple

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Conventional, Cash, FNMA

Listing Terms Conventional, Cash, FNMA

Financing Conventional,Cash,FNMA

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Jamie Berrier
Jamie Berrier

Realtor, Partner | License ID: RS220358L

+1(717) 648-5813 | jberrier@rsrrealtors.com

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217 WHITE