Ten-unit multifamily investment property located in Downingtown, PA. The property features a diverse unit mix of one-bedroom, two-bedroom, and three-bedroom apartments and currently generates approximately $14,150 per month in gross rental income ($169,800 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with seven of the ten units benefiting from government-backed rental assistance. The varied unit configuration appeals to a broad range of tenants and supports strong occupancy within an established residential corridor. Conveniently located near major employment centers, shopping, public transportation, and regional commuter routes, the property benefits from consistent rental demand and long-term workforce housing fundamentals. 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 # | PACT2129072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 110 |
| Listing Provided By | Real of Pennsylvania | Beau McGettigan |
| Units | 10 |
|---|---|
| Zoning | C |
| Acreage | 2.90 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Other |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 16109 |
|---|
| State | PA |
|---|---|
| County | CHESTER PA |
| City | DOWNINGTOWN |
| Zip Code | 19335 |
| Area | Caln Twp (10339) |
| School District | COATESVILLE AREA |
| Listing VS Median (in 19335) | |
Price: $1,950,000 low | high Med: $530,000 On site: 110 low | high Med: 27 | |
| State | PA |
|---|---|
| County | CHESTER PA |
| City | DOWNINGTOWN |
| Zip Code | 19335 |
| Area | Caln Twp (10339) |
| School District | COATESVILLE AREA |
| Listing VS Median (in 19335) | |
Price: $1,950,000 low | high Med: $530,000 On site: 110 low | high Med: 27 | |