1221-00 Lindley Ave, Philadelphia, PA 19141
Local realty services provided by:CENTURY 21 A Better Way
1221-00 Lindley Ave,Philadelphia, PA 19141
$309,900
- 4 Beds
- - Baths
- 2,188 sq. ft.
- Multi-family
- Active
Listed by: christian washington
Office: bhhs fox & roach-jenkintown
MLS#:PAPH2671662
Source:BRIGHTMLS
Price summary
- Price:$309,900
- Price per sq. ft.:$141.64
About this home
FULLY OCCUPIED TRIPLEX | 9.9% CAP RATE | $2,900/MO INCOME | $309,900
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 9.9% cap rate at the $309,900 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 $309,900. Schedule your private showing today....
Contact an agent
Home facts
- Year built:1935
- Subdivision & Development:LOGAN
- Listing ID #:PAPH2671662
- Added:10 day(s) ago
- Updated:September 27, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:4
- Basement:Yes
- Basement Description:Full
- Living area:2,188 sq. ft.
Heating and cooling
- Heating:90% Forced Air, Electric
Structure and exterior
- Year built:1935
- Building area:2,188 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Brick
- Foundation Description:Permanent
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$309,900
- Price per sq. ft.:$141.64
- Tax amount:$4,463 (2026)
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