USAPALinwoodMarshall Terrace217 White Ave
217 White Ave, Home with 0 bedrooms, 0 bathrooms and null parking in LINWOOD PA | Image 1
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$565,000

217 White Ave, Linwood, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,258
Days Active 155
Approx. Age 1942
MLS® Number PADE2084788

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!)Show Description
MLS® NumberPADE2084788
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1942
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Natural Gas
A/CWindow Unit(s), Electric
Heating Fuel

Extras

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

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