798 CREEK RD Pending

Downingtown,PA 19335

$ 250000

- Bed

- Bath

2550 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $98

MLS Listing ID PACT2088472

Style Other

Abv Grd Liv Area 2,550

Originating Board BRIGHT

Year Built 1850

Annual Tax Amount $4,521

Tax Year 2024

Lot Size 0.535 Acres

Acres 0.54

Lot Dimensions 0.00 x 0.00

Property Description

This Property will be sold at Auction Dec. 21/2024

The list price in No way represents the purchase price and serves only as a suggested starting bid.
For Sale: Multi-Unit Investment Property in a Rural Setting

🏡 Property Overview:
This well-maintained property features three rental units, offering a mix of housing options for tenants in a peaceful rural location.

Unit 1: Spacious 3-bedroom apartment
Unit 2: Comfortable 2-bedroom apartment
Unit 3: Cozy 1-bedroom apartment
🌿 Property Features:

Situated on a 0.54-acre lot, providing ample outdoor space.
Equipped with on-site water and sewer (holding tanks).
Zoned Residential, perfect for continued rental use or future possibilities.
💰 Financial Highlights:

Generates a solid $42,000 annual income, making this a lucrative investment opportunity.
📍 Location:
Enjoy the serenity of a rural setting while benefiting from the steady demand for rental housing in the area.

Asking Price: To be Sold at Auction

Don't miss this chance to own a versatile and income-generating property. Ideal for investors or those looking to expand their portfolio!

Location

State PA

County Chester

Area East Brandywine Twp (10330)

Zoning R1

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Wood,Fully Carpeted,Vinyl,Tile/Brick

Fireplace N

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

View Water

Roof Type Pitched,Shingle

Accessibility None

Garage N

Building

Foundation Slab

Sewer On Site Septic

Water Well

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

High Schools Downingtown High School East Campus

School District Downingtown Area

Others

Tax ID 30-03 -0029

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Auction

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