Tthirteen 1-bedroom units in Downingtown, all leased to private-pay tenants. Located on Paul Nelms Drive, the property includes an additional land lot offering potential for future development, subject to applicable approvals. The 100% private-pay tenant base provides exposure to market rents without income-restriction requirements. With 13 units, the property offers operational scale and diversified rental income in a Downingtown market characterized by limited housing availability. This property is being offered individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.
| MLS # | PACT2134968 |
|---|---|
| Listing Type | For Sale |
| Building Name | MANSION HOUSE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 65 |
| Listing Provided By | Real of Pennsylvania | Beau McGettigan |
| Basement | Y |
|---|---|
| Units | 13 |
| Zoning | COMM |
| Acreage | 1.17 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, Other |
| Construction Materials | Other |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 13843 |
|---|
| State | PA |
|---|---|
| County | CHESTER PA |
| City | DOWNINGTOWN |
| Zip Code | 19335 |
| Area | Caln Twp (10339) |
| Community Name | NONE AVAILABLE |
| School District | COATESVILLE AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,810,000 low | high Med: $350,000 On site: 65 low | high Med: 54.5 | |
| State | PA |
|---|---|
| County | CHESTER PA |
| City | DOWNINGTOWN |
| Zip Code | 19335 |
| Area | Caln Twp (10339) |
| Community Name | NONE AVAILABLE |
| School District | COATESVILLE AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,810,000 low | high Med: $350,000 On site: 65 low | high Med: 54.5 | |