217 WHITE AVENUE, LINWOOD, PA 19061

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$565,000

bedrooms

bathrooms

square feet

4,000

Acreage

0.57

Open Houses

year built

1942

Full Baths

Half Baths

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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. This also means that there is no property disclosure. (please note that utility and water costs can fluctuate, and should be expected to rise, like everything else!)

Location
Subdivision	MARSHALL TERRACE
County	DELAWARE
Elementary School	-
Middle School	-
High School	CHICHESTER SENIOR

Driving directions

Open houses

None scheduled.

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MLS number: PADE2084788

Listing agent: Sue Olshefski

Listing broker: Berkshire Hathaway Homeservices Fox & Roach, Realtors

Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, April 11 2025 at 4:25 p.m. EDT

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