1221-00 LINDLEY AVE, Philadelphia, PA 19141

• 2,188 sqft

Property 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/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 $309,900. Schedule your private showing today.

Listing Status:

Active

Data Last Updated:

September 24, 2026 at 7:17AM

Listing Office:

BHHS Fox & Roach-Jenkintown : 2158870400

Listing Agent:

christian washington : 2679815392

MLS ID:

PAPH2671662

Interior

• Laundry: Hookup
• Basement: Full
• A/C: None
• Heating: 90% Forced AirElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: BrickPermanent

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1493001600

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN