217 WHITE, Linwood, PA 19061
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217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
217 WHITE, Linwood, PA 19061
Listed by Michael Gennett • Keller Williams Real Estate - Media
Bought with Thomas Toole III • RE/MAX Main Line - West Chester

$575,000

Est. payment /mo

$575,000

Est.Price: ?

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217 WHITE Linwood, PA 19061

5,100 SqFt

SOLD DATE : 08/31/2026

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $112

Subdivision Marshall Terrace

MLS Listing ID PADE2115394

Sold Date 08/31/26

Style Colonial

Abv Grd Liv Area 5,100

Year Built 1942

Annual Tax Amount $10,460

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 108.00 x 200.00

Property Sub-Type Detached

Source BRIGHT

Property Description

*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.

Location

State PA

County Delaware

Area Lower Chichester Twp (10408)

Zoning R-90 MULTIPLE DWELLINGS

Rooms

Basement Partial

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Window Unit(s)

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

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es), Deck(s)

Parking Features Additional Storage Area

Garage Spaces 8.0

Water Access N

View Garden/Lawn

Roof Type Pitched,Shingle

Accessibility None

Porch Porch(es), Deck(s)

Road Frontage Boro/Township

Total Parking Spaces 8

Garage Y

Private Pool No

Building

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

Foundation Stone

Above Ground Finished SqFt 5100

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

High Schools Chichester Senior

School District Chichester

Others

Tax ID 08-00-01195-00

Ownership Fee Simple

SqFt Source 5100

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Conventional, Cash, FNMA

Listing Terms Conventional, Cash, FNMA

Financing Conventional,Cash,FNMA

Special Listing Condition Standard

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Anita John

Anita John

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+1(415) 939-9924

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