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PA
Linwood
19061
19061
W76° 34' 56.5''
N39° 49' 37.9''
Contact Info
Sue Olshefski
1020723
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!)

217 White Avenue

Linwood, Pennsylvania 19061, United States

  • Square Footage: 24,829.20 Sqft
$565,000
Listing ID#78323
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Basic Details
Property Type : Commercial
Listing Type : Contingent
Listing ID : 78323
Ref ID : 399244112
Price : $565,000
Square Footage : 24,829.20 Sqft
Lot Area : 0.57 Sqft
MLS : PADE2084788
Office ID : PA301-010
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Agent info
Fox & Roach, REALTORS
Fox & Roach, REALTORS
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