$309,900
 $1,664 est/mo Sourced by Back At You

1221-00 Lindley Ave,PHILADELPHIA, PA 19141

PHILADELPHIA, PA 19141

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Description

FULLY OCCUPIED TRIPLEX | 9.9% CAP RATE | $2,900/MO INCOME | $309,900 Attention Investors: Turnkey, Fully Occupied Income Property! 1221 Lindley Street is a fully renovated, 100% occupied triplex generating $2,900/month ($34,800/year) in gross rental income. With 2025 NOI of $30,555.36, this stabilized asset delivers an impressive 9.9% cap rate at the $309,900 asking price. A major advantage for the next owner: all units are separately metered for gas and electric, with those utilities paid directly by the tenants. The property also features a landlord-paid master water meter and a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown:Unit 1: 2 beds, 1 bath - $1,050/monthUnit 2: 1 bed, 1 bath - $1,025/monthUnit 3: 1 bed, 1 bath - $825/month With renovations complete and tenants already in place, the next owner can acquire a stabilized, cash-flowing multifamily property without a major upfront renovation or initial lease-up. Offered at $309,900. Schedule your private showing today.

Details

MLS #PAPH2671662
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1935
Days On Site9
Listing Provided ByBHHS Fox & Roach-Jenkintown | christian washington

Features

SQ Feet2,188
BasementY
Units3
ZoningRM1
Acreage0.09

Interior

CoolingNone
Heating Yes / NoYes
Heating90% Forced Air

Exterior

Construction MaterialsBrick
Foundation DetailsPermanent

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount4463

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19141
Area19141 (19141)
Community NameLOGAN
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in LOGAN)
Price:
$309,900
low | high
Med:
$174,450
93.707647628267% of Average
sqft:
2,188
low | high
Med:
1,653
74.45155393053% of Average
$ / sqft:
$142
low | high
Med:
$110
72.01133201591% of Average
On site:
9
low | high
Med:
34
26.470588235294% of Average
Sourced by Back At You

Market Activity 19141

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Additional Information

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Coachmen Properties

Coachmen Properties

 (800) 878-9413admin@coachmenprops.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19141
Area19141 (19141)
Community NameLOGAN
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in LOGAN)
Price:
$309,900
low | high
Med:
$174,450
93.707647628267% of Average
sqft:
2,188
low | high
Med:
1,653
74.45155393053% of Average
$ / sqft:
$142
low | high
Med:
$110
72.01133201591% of Average
On site:
9
low | high
Med:
34
26.470588235294% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $232K - $387K
sqft: 1,500 - 2,500
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5028 N Camac St
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1332 WAGNER AVE #C Property Photo 1
$1,075
1332 Wagner Ave #c
Philadelphia, PA 19141
Listing Updated: September 22, 2026 at 1:23:23 PM PDT
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