Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
7,891
Ten-unit multifamily investment property located in Downingtown, PA. The property features a diverse unit mix of one-bedroom, two-bedroom, and three-bedroom apartments and currently generates approximately $14,150 per month in gross rental income ($169,800 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with seven of the ten units benefiting from government-backed rental assistance. The varied unit configuration appeals to a broad range of tenants and supports strong occupancy within an established residential corridor. Conveniently located near major employment centers, shopping, public transportation, and regional commuter routes, the property benefits from consistent rental demand and long-term workforce housing fundamentals. This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
2.9
-
Lot Size(square feet)
126324.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,960,000
-
Tax Amount
$16,109
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Septic Tank
-
Tax Lot
0105
-
Water Source
Well
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Location
County
CHESTER
Elementary School
Middle School
High School
Listing Courtesy of Beau McGettigan , Real of Pennsylvania
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The Wolfe Team- Team Leader
Ron & Tonya Wolfe
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