217 White Avenue, Linwood PA 19061 (Off Market)

For Sale, USD 565,000


217 White Avenue, Linwood PA 19061,

Property Type : Commercial

Property Style : N/A

Build Size : 4,000 ft² / 372 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Show me the money! 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) -$1,000, Unit C (1 Bedroom) - $1,000, Unit D (2 Bedroom) - $900. 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 $65,400. Taxes $10,289, Insurance $2,000, Maintenance $3,940, Utilities $5,356, total expenses $ 21,585 with a net operating income of $43,815. 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.
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217 White Avenue, Linwood PA 19061, United States,Pennsylvania is a 4,000ft² Pennsylvania luxury Commercial listed for sale USD 565,000. This high end Pennsylvania Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Pennsylvania or search for luxury properties for sale in Pennsylvania.