$600,000
$635,750
5.6%For more information regarding the value of a property, please contact us for a free consultation.
5,372 SqFt
SOLD DATE : 12/18/2018
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,372 sqft
Price per Sqft $111
Subdivision None Available
MLS Listing ID PACT102038
Sold Date 12/18/18
HOA Y/N N
Originating Board TREND
Year Built 1928
Annual Tax Amount $7,287
Tax Year 2018
Lot Size 9,148 Sqft
Acres 0.21
Property Description
DOWNINGTOWN 8 unit building: MASSIVE cash flow. Rented 100% Always..... Rents raised and utils separated over the past 5 years..... ANNUAL Gross Revenue: 80,000+ WOW! Owner pays water, sewer and trash, and some gas Tenants pay electric, most units electric heat. PERFECT area in the heart of Downingtown. Near train station. local shopping....and right in the middle of the revitalization area!!!!
Location
State PA
County Chester
Area Downingtown Boro (10311)
Zoning R
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Electric, Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Accessibility None
Road Frontage Boro/Township
Parking Type None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Downingtown Area
Others
Tax ID 11-07 -0429
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Keith Herrington • RE/MAX Excellence
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "