UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 3,477 sqft
Price per Sqft $93
MLS Listing ID PACT2122702
Style Colonial,Traditional
Abv Grd Liv Area 3,477
Year Built 1900
Annual Tax Amount $5,021
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Detached
Source BRIGHT
Property Description
The residential component includes (2) one-bedroom, one-bath apartments and (1) efficiency unit with full bath, providing multiple streams of rental income.(all on month to month lease) In addition, the two-room office suite presents an excellent opportunity for professional use, small business occupancy, or future value-add improvements.
The property features electric service with two meters:
• Meter #1 services the first-floor apartment, office space, and likely exterior lighting
• Meter #2 services the second- and third-floor apartments
Major systems include an 80-gallon hot water heater servicing all three apartments, while the oil burner/boiler provides heat to the first and second floors and office space. The third-floor unit is equipped with electric baseboard heat.
Important capital improvements have already been completed, including a roof replacement, chimney repointing, and installation of a stainless steel liner and cap approximately 7 years ago. Porch overhangs were updated approximately 12 years ago, and the garage roof has been replaced (year unknown).
This property does require maintenance and updating, making it an ideal candidate for investors seeking to renovate, reposition, and maximize return. Being sold strictly “as is” as part of an estate settlement. Buyers are welcome to conduct inspections; however, the seller will make no repairs. Buyer is responsible for any Use & Occupancy and/or Borough requirements.
A rare opportunity to own a multi-use income-producing property in a desirable Southern Chester County location—bring your vision and unlock its full potential! Listing Agent is related to seller.
Location
State PA
County Chester
Area West Grove Boro (10305)
Zoning MIXED USE COM/RES
Rooms
Basement Outside Entrance
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Flooring Hardwood, Vinyl
Fireplace N
Heat Source Electric, Oil
Laundry None
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 3477
Sewer Public Sewer
Water Public
Architectural Style Colonial, Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Avon Grove
Others
Tax ID 05-04 -0192
Ownership Fee Simple
SqFt Source 3477
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES