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Listed price in listed location currency (USD).
$575,000

002

MLS® PADE2115394

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5100 sqft
Garage Yes
Taxes $10,460
Days Active 17
Lot Size 
Approx. Age 1942
Avg. Price Per Sqft $112
MLS® Number PADE2115394

Property Address: 217 White Ave, LINWOOD, PA, 19061-4347

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberPADE2115394
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1942
BasementPartial
DrivewayPrivate, Public, Driveway, On Street, Detached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$575,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$575,000List Price
  • Commute

Commute

Starting Address
Destination Address
217 White Ave, Linwood, PA

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