Turnkey Multifamily Investment
217 WHITE Linwood, PA 19061
217 WHITE, Linwood, PA, 19061
$575,000
For Sale
$575,000
MULTI_FAMILY - Colonial - LINWOOD, PA
Property Size5,100 SF
Lot Size0.57 Acres
Price / SF$112.75
Days on Market66
Property Features for 217 WHITE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 8
- Parking features
- Driveway, Garage - Detached, On Street
- Standard status
- Active
- Size
- 5,100 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10460
Utilities
- Heating system
- Other (Heating), Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1942
- Number of units
- 4
- Building materials
- Vinyl Siding, Aluminum Siding
- Architectural style
- Colonial
Listing Agency
Keller Williams Real Estate - Media
(610) 565-1995
1400 N Providence Road unit: Suite 1000, Media, PA
Listed by
Michael P Gennett · License #RS212545L
(610) 580-6365
Added: May 13 Checked: Jul 17 at 10:06 am
MLS# PADE2115394
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a legal 5-unit commercial multifamily asset. The property generates approximately $77,100 gross annual income with an estimated NOI of approximately $53,500, reflecting an attractive 9.3% cap rate at the asking price. The property features stabilized long-term tenancy and strong in-place cash flow. The unit mix includes three 1BR units and two 2BR units. Recent capital improvements include updated kitchens and bathrooms throughout, a newer roof, and a newly constructed oversized private deck off Unit D. 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. The property features a 2-car garage, loft storage area, and a large multi-vehicle driveway. The property is situated on a 0.57-acre lot. The building size is 5100 square feet. This is an 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.
Key Highlights
- Legal 5‑unit multifamily asset (MLS sub‑category flagged as 4‑unit due to data‑entry constraints); full 5‑unit details under Commercial MLS#PADE2114280
- Unit mix: three 1BR units and two 2BR units
- Approx. $77,100 gross annual income with estimated NOI of approx. $53,500 and an estimated 9.3% cap rate at asking price
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.7k | $21.12 |
| − Vacancy | −$14.8k | −$2.89 |
| EGI | $93.0k | $18.23 |
| − OpEx | −$41.8k | −$8.20 |
| NOI | $51.1k | $10.02 |
5,100 SF · lease $21.12/SF/yr · vacancy 13.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$730.4K
$639.1K – $852.1K
NOI $51,126 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,239 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully occupied 5-unit property with strong income and upside.
Where is this apartment building located?
The property is located at 217 WHITE Linwood, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Legal 5‑unit multifamily asset (MLS sub‑category flagged as 4‑unit due to data‑entry constraints); full 5‑unit details under Commercial MLS#PADE2114280; Unit mix: three 1BR units and two 2BR units; Approx. $77,100 gross annual income with estimated NOI of approx. $53,500 and an estimated 9.3% cap rate at asking price
