217 White, Linwood, PA 19061
Local realty services provided by:CENTURY 21 New Millennium
217 White,Linwood, PA 19061
$575,000
- 7 Beds
- - Baths
- 5,100 sq. ft.
- Multi-family
- Active
Listed by: michael p gennett
Office: keller williams real estate - media
MLS#:PADE2115394
Source:BRIGHTMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$112.75
About this home
*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....
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Home facts
- Year built:1942
- Listing ID #:PADE2115394
- Added:10 day(s) ago
- Updated:May 24, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:7
- Flooring:Laminate Plank, Luxury Vinyl Plank, Partially Carpeted, Tile/Brick
- Basement:Yes
- Basement Description:Partial
- Living area:5,100 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Hot Water, Natural Gas, Radiator
Structure and exterior
- Roof:Pitched, Shingle
- Year built:1942
- Building area:5,100 sq. ft.
- Lot area:0.57 Acres
- Lot Features:Front Yard, Level, Rear Yard, SideYard(s), Suburban
- Architectural Style:Colonial
- Construction Materials:Aluminum Siding, Vinyl Siding
- Exterior Features:Deck(s), Porch(es)
- Foundation Description:Stone
Schools
- High school:CHICHESTER SENIOR
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$112.75
- Tax amount:$10,460 (2025)
Features and amenities
- Amenities:200+ Amp Service, Carbon Monoxide Detector(s), Smoke Detector
Parking
- Parking description:Additional Storage Area, Detached Garage, On Street, Private, Public
- Garage:Yes
- Garage spaces:2
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