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Listed by Beau McGettigan • Real of Pennsylvania
$ 1,810,000
Est. payment /mo
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.
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

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