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sales rep | Brivity IDX

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1221 Lindley Ave , Philadelphia, PA 19141
$289,900
Est. Payment: $1,566.09/mo
4 Bed
3 Bath
2188 Sqft
0.09 Acres
Status: active under contract | Days on site: 47
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61023 - 3282263
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House Description

FULLY OCCUPIED TRIPLEX | 10.5% CAP RATE | $2,900/MO INCOME | $289,900 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 10.5% cap rate at the $289,900 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/month Unit 2: 1 bed, 1 bath — $1,025/month Unit 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 $289,900. Schedule your private showing today.

Highlights

Listed by christian washington , 2679815392 BHHS Fox & Roach-Jenkintown , 2158870400. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1935

County

Philadelphia

Area

19141 (19141)

Neighborhood

Logan

School District

The School District Of Philadelphia

Listing ID

PAPH2671662

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Above Ground Sq Ft:2188
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:49X80
Zoning:RM1
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Principal Interest
$1,566
Taxes
$372

Home Price

$289,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$57,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,566.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,566.09 $371.92 $0.00 $1,938.01
Yearly $18,793.08 $4,463.00 $0.00 $23,256.08
Total $563,792.39 $133,890.00 $0.00 $697,682.39
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS