Property
Downingtown, PA 19335 798 Creek Road
$250,000
21 more
Presented By: Hostetter Realty
Beds • 6
Home Details
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!
Presented By: Hostetter Realty
Interior Features for 798 Creek Road
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
FlooringWood, Fully Carpeted, Vinyl, Tile/Brick
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 798 Creek Road
Acceptable FinancingConventional, Cash
AccessibilityNone
Architectural StyleOther
Auction LocationOn site
Auction Time10:00
Auction TypeSubject To Seller Confirmation
CityDOWNINGTOWN
Construction MaterialsFrame, Masonry
Cool FuelNone
CoolingNone
CountyCHESTER
DirectionsUse Gps
Electric100 Amp Service
ExclusionsTenant's Personal Posessions.
FULLFee Simple
Garage Y/NNo
HeatingBaseboard - Electric
Lot Size Square Feet23325.00
Lot Size UnitsSquare Feet
MLS AreaEast Brandywine Twp (10330)
ModificationTimestamp2024-12-19T06:59:23
MunicipalityEAST BRANDYWINE TWP
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
PossessionSettlement
Price Per Sq Ft Total AG98.04
Property ConditionGood
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofPitched, Shingle
School DistrictDOWNINGTOWN AREA
SewerOn Site Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount4521.0
Tax Assessed Value118070.0
Tax Lot0029
Tax Year2024
Total Actual Rent42000.00
Total SQFT2550
Two Bedroom1
UtilitiesElectric Available
Vacation Rental Y/NNo
ViewWater
Water Access Y/NNo
Waterfront Y/NNo
Year Built1850
Year Built SourceAssessor
ZoningR1
Exterior for 798 Creek Road
Foundation DetailsSlab
Land Assessed Value48400.00
Land Use CodeR30
Lot Dimensions0.00 x 0.00
Lot Size Acres0.54
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourceWell
Water View Y/NYes
Additional Details
Price History
Schools
High School
Downingtown High School East Campus
Elementary School
N/A
Middle School
N/A
Fabiane Farias
Associate