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$289,900

For Sale

23 days ago

1221 Lindley Ave, Philadelphia, PA

House

MLS® PAPH2671662

0 Bed

0 Bath

2188 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2188 sqft
Garage 
Taxes $4,463
Days Active 23
Lot Size 0.09 Acres
Approx. Age 1935
Avg. Price Per Sqft $132
MLS® Number PAPH2671662

Property Address: 1221 Lindley Ave, PHILADELPHIA, PA, 19141-3548

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

Description

FULLY OCCUPIED TRIPLEX | 10.5% CAP RATE | $2, 900/MO INCOME | $289, 900 Attention Investors: Turnkey, Fully Occupied Income Property! 1221 Lindley Street is a fully renovated, 100% occupied triplex generating $2, 900/month ($34, 800/year) in gross rental income. With 2025 NOI of $30, 555.36, this stabilized asset delivers an impressive 10.5% cap rate at the $289, 900 asking price. A major advantage for the next owner: all units are separately metered for gas and electric, with those utilities paid directly by the tenants. The property also features a landlord-paid master water meter and a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1, 050/month Unit 2: 1 bed, 1 bath — $1, 025/month Unit 3: 1 bed, 1 bath — $825/month With renovations complete and tenants already in place, the next owner can acquire a stabilized, cash-flowing multifamily property without a major upfront renovation or initial lease-up. Offered at $289, 900. Schedule your private showing today.
MLS® NumberPAPH2671662
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
BasementFull
DrivewayNone
Garage Spaces
Heat90% Forced Air, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 16, 2026List Date
$289,900List Price
  • Commute

Commute

Starting Address
Destination Address
1221 Lindley Ave, Philadelphia, PA

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