8 PAUL NELMS DR, Downingtown, PA 19335
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8 PAUL NELMS DR, Downingtown, PA 19335
8 PAUL NELMS DR, Downingtown, PA 19335
8 PAUL NELMS DR, Downingtown, PA 19335
8 PAUL NELMS DR, Downingtown, PA 19335
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Listed by Beau McGettigan • Real of Pennsylvania
$ 1,810,000
Est. payment /mo
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Price Dropped by $15K

8 PAUL NELMS DR Downingtown, PA 19335

1.17 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PACT2134968

Year Built 1900

Annual Tax Amount $13,843

Tax Year 2026

Lot Size 1.174 Acres

Acres 1.17

Lot Dimensions 0 X 0

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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.

Location

State PA

County Chester

Area Caln Twp (10339)

Zoning COMM

Interior

Hot Water Other

Heating Baseboard - Electric, Other

Cooling None

Heat Source Other

Exterior

Garage Spaces 20.0

Water Access N

Accessibility None

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Coatesville Area

Others

Tax ID 39-05 -0039

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Rick Sanderson Jr

Rick Sanderson Jr

Agent License ID: 0790603

+1(856) 905-0830

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8 PAUL NELMS DR