217 WHITE AVE, Linwood, PA 19061 - MLS#PADE2084788

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Doug Strickland

doug@residentialguru.com +1(610) 724-3801

Listed by Susanne M Olshefski • BHHS Fox & Roach-Media

$565,000

Est. payment - /mo

4,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $141

Subdivision Marshall Terrace

MLS Listing ID PADE2084788

Year Built 1942

Available Date 2025-02-27

Annual Tax Amount $10,258

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Show me the money! Are you looking to generate steady cash flow? This property, located in a residential neighborhood, presents as an excellent investment opportunity. This updated multiplex is a 5-Unit building, with a detached garage, and wonderful large lot. This building has separate entrances for ALL units, including 3 one-bedroom, and 2 two-bedroom units. Unit A (1 Bedroom) -$1,100, Unit B (1 Bedroom) -$1,200, Unit C (1 Bedroom) - $1,100, Unit D (2 Bedroom) - $1000. Unit E (2 Bedroom) $1,450. Unit C has separate baseboard heat that is paid through their electric bill. All other units have gas heat, which is paid by owner. Owner also pays water, and hot water for all units. There is a common area, coin-operated washer and dryer on the premises. Gross Income $70,200. Taxes $10,289, Insurance $2,000, Maintenance $3,940, Utilities $5,356, total expenses $ 21,585 with a net operating income of $48,615. This property has many upgrades and long terms tenants. Serious inquiries only. For lending purposes, please be aware that this property is considered "commercial" because it is a 5-unit building. (please note that utility and water costs can fluctuate, and should be expected to rise, like everything else!)

Location

State PA

County Delaware

Area Lower Chichester Twp (10408)

Zoning C017

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Laminate Plank, Luxury Vinyl Plank, Partially Carpeted, Tile/Brick

Inclusions Refrigerators and window a/c units (All in as-is condition)

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Utilities Available Water Available, Sewer Available, Natural Gas Available

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 4

Garage N

Building

Lot Description Level, Front Yard, Rear Yard, SideYard(s)

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Chichester Senior

School District Chichester

Others

Tax ID 08-00-01195-00

Ownership Fee Simple

SqFt Source Estimated

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Doug Strickland

+1(610) 724-3801

Agent | License ID: RS275319

Agent License ID: RS275319

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217 WHITE AVE Linwood, PA 19061

Doug Strickland

Key Details

Location

Interior

Exterior

Building

Schools

Others

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