217 WHITE Overview
- Time on Site:
- 47 days
- Visits:
- 1
*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.
217 WHITE Facts & Features
- Type Multi-Family
- Sq. ft. 5,100
- Price/Sq.ft. $113
- Lot 0.57 Acres
Details
General
School Information
- High School: CHICHESTER SENIOR
Income/Expenses
- Existing Lease Type: Month to Month
- Gross Income: 77100.00
- Gross Scheduled Income: 77100.00
- Insurance Expense: 2000.00
- Net Operating Income: 53500.00
- Operating Expense: 19745.00
- Operating Expense Includes: Insurance,Snow Removal,Trash
- Trash Expense: 1200.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 5100
- Year Built: 1942
Location/Region
- Country: US
- County: DELAWARE
- County Or Parish: DELAWARE
- MLS Area Major: Lower Chichester Twp (10408)
- Subdivision Name: MARSHALL TERRACE
Parking Information
- Total Parking Spaces: 8
- Type of Parking: Driveway,On Street,Detached Garage
Tax Information
- City/Town Tax: 2229.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 1266.00
- County Tax Payment Frequency: Annually
- School Tax: 7431.00
- School Tax Payment Frequency: Annually
- Tax Annual Amount: $10,460.00
- Tax Assessed Value: 274820.00
- Tax Year: 2025
General Information
- Exclusions: Tenants Personal Property
- Historic: No
- Inclusions: Washer, dryer, lawnmower, refrigerators
- Property Condition: Very Good
- Property Sub Type: Other
- Property Type: Multi-Family
- Rent Control: No
- School District Name: CHICHESTER
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: R-90 MULTIPLE DWELLINGS
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage Features: Additional Storage Area
- Garage Spaces: 2.00
- Garage: Yes
Building Exterior/Construction
- Structure Type: Detached
Building Interior
- Above Grade Finished Area: 5100
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Central Air: No
- Elevators Count: 0
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Window Unit(s)
- Electric: 200+ Amp Service
- Fireplace: No
- Flooring: Laminate Plank, Luxury Vinyl Plank, Partially Carpeted, Tile/Brick
- Foundation Details: Stone
- Living Area: 5100
- Living Area Source: Estimated
- Security Features: Carbon Monoxide Detector(s),Smoke Detector
- Spa: No
- Stories Total: 2
Unit Information
- One Bedroom Units Count: 3
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Parking Information
- Parking Features: Private, Public
Lot Information
- Lot Dimensions Source: Estimated
- Lot Features: Level, Front Yard, Rear Yard, SideYard(s)
- Lot Size Acres: 0.57
- Lot Size Dimensions: 108.00 x 200.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 24829.00
- Lot Size Units: Square Feet
- Road Responsibility: Boro/Township
- Water Source: Public
Waterfront/View
- View: Garden/Lawn
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Colonial
- Construction Materials: Vinyl Siding, Aluminum Siding
- Patio And Porch Features: Porch(es), Deck(s)
- Roof: Pitched, Shingle
General Information
- Number Of Units Leased: 5
- Number Of Units Mo Mo: 5
- Number Of Units Total: 4
- Number Of Units Vacant: 0
- Other Structures: Above Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 4 Details
- Unit Type: Unit 1
- Total Rent: 1100.00
- Beds Total: 1
- Description: 1 Bed/1 Bath. Private enclosed porch, street entrance
Unit 1 Details
- Unit Type: Unit 2
- Total Rent: 1200.00
- Beds Total: 1
- Description: 1 Bed/1 Bath. Private entrance
Unit 2 Details
- Unit Type: Unit 3
- Total Rent: 1100.00
- Beds Total: 1
- Description: 1 Bed/1 Bath. Private entrance
Unit 5 Details
- Unit Type: Unit 4
- Total Rent: 1400.00
- Beds Total: 2
- Description: 2 Bed/1Bath. Private entrance, Family rm, Bonus room that could be 3rd bedroom
Unit 3 Details
- Unit Type: Unit 5
- Total Rent: 1350.00
- Beds Total: 2
- Description: 2 Bed/1 Bath.. Large Fam Rm, Sliders to Xtra large deck w/yard access, Enclosed Porch
217 WHITE Neighborhood
Community
19061 (TRAINER) Demographics
217 WHITE Monthly Cost
217 WHITE Market Data
Based on the last 30 days in this zip code
217 WHITE History
| Date | Value | Agent |
|---|---|---|
| 5/13/2026Source: BRIGHT MLS | May 13, 2026 |
|
| 5/13/2026Source: BRIGHT MLS | May 13, 2026 |
Contact Information: [email protected] - 6105651995