1221 Lindley Avenue 00 Philadelphia, PA 19141
Listing Courtesy of: BRIGHT IDX / Listed By: BHHS Fox & Roach-Jenkintown

  1221 Lindley Avenue 00 Philadelphia, PA 19141

Active (10 Days)
$309,900 (USD)

Description

FULLY OCCUPIED TRIPLEX | 9.9% CAP RATE | $2,900/MO INCOME | $309,900Attention 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/monthWith 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.

MLS #:
PAPH2671662
Taxes
$4,463(2026)
Lot Size
3,890 SQFT
Type
Multifamily
Year Built
1935
Style
Other
School District
The School District of Philadelphia
County
Philadelphia County

Listed By

Christian Washington, BHHS Fox & Roach-Jenkintown
Source
BRIGHT IDX
Last checked Sep 26 2026 at 8:24 PM GMT+0000
Bathroom Details
Subdivision
  • Logan
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Permanent
Heating and Cooling
  • 90% Forced Air
  • None
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Living Area
  • 2,188 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/26/26 13:24