BEDS0
BATHS
SQUARE FEET5,100
MLS#PADE2115394
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMARSHALL TERRACE
SCHOOLCHICHESTER
Property Description
*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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Garage: 2
Heating: Hot Water, Radiator
Home Style: Colonial
Lot Size: 0.57 Acres
Roof Type: Pitched, Shingle
Taxes: $10,460
Year Built: 1942
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 5
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
One Bedroom Units: 3
Parking Notes: Private, Public
Sewer: Public Sewer
Special View Info: Garden/Lawn
Structure Type: Detached
Total Garage/Parking Spaces: 8
Two Bedroom Units: 2
Units: 4
Water: Public
Local Schools
High School: CHICHESTER SENIOR
School District: CHICHESTER
Listed By / Shown By
Listed By
Agency Name: Keller Williams Real Estate - Media
Agency Phone: 6105651995
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,319.08 per month $1,279.70 Principal & Interest $871.67 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
217 White | MLS# PADE2115394
This multi-family 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.realtymark.net today.