$400,000
$250,000
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798 CREEK RD Downingtown, PA 19335
2,550 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $156
MLS Listing ID PACT2088472
Sold Date 02/10/25
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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