Bought with Paul Graci • Coldwell Banker Realty
$495,000
$495,000
For more information regarding the value of a property, please contact us for a free consultation.
8,700 SqFt
SOLD DATE : 09/03/2025
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 8,700 sqft
Price per Sqft $56
Subdivision Downingtown
MLS Listing ID PACT2101916
Sold Date 09/03/25
Style Craftsman
Abv Grd Liv Area 2,124
Year Built 1924
Annual Tax Amount $5,702
Tax Year 2024
Lot Size 8,700 Sqft
Acres 0.2
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Looking for a high-potential investment property in a prime location? This Craftsman-style residence in the Downingtown Borough is a unique opportunity for multi-family investors. Zoned R4 and offering flexible use, the property includes two rentable spaces, making it ideal for a full investment conversion or a mixed-use portfolio asset. The main structure includes a 5-bedroom, 2-bath unit full of charm and historic character—ideal for long-term or short-term rental. A separate 700SF space with a private entrance can function as a 1-bed, 1-bath efficiency rental or a small business unit. Additional features include eight off-street parking spaces, a stone-covered rear yard (which could be converted to additional parking, green space, or tenant recreation), and multiple decks that enhance livability and appeal. French doors open to a private deck off the office space, and the primary bedroom office includes a second deck, perfect for work-from-home renters. Located within walking distance to Downingtown Borough's shops, dining, and parks, and just minutes to Routes 30, 100, and 202, this property is also in the top-rated Downingtown Area School District—an added draw for quality tenants. With its flexible zoning, strong rental history, and desirable location, this is a rare multi-family investment opportunity with built-in value and future upside.
Location
State PA
County Chester
Area Downingtown Boro (10311)
Zoning R4
Rooms
Basement Outside Entrance, Rear Entrance, Walkout Level, Other
Interior
Interior Features Attic, Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Store/Office, Wood Floors, Efficiency, Other
Hot Water Electric
Heating Hot Water, Baseboard - Electric
Cooling Window Unit(s)
Flooring Ceramic Tile, Hardwood, Partially Carpeted, Luxury Vinyl Plank
Fireplaces Number 1
Equipment Refrigerator, Dishwasher, Oven/Range - Electric
Fireplace Y
Window Features Replacement,Screens,Double Hung,Energy Efficient
Appliance Refrigerator, Dishwasher, Oven/Range - Electric
Heat Source Electric, Natural Gas
Exterior
Exterior Feature Porch(es), Deck(s)
Garage Spaces 8.0
Water Access N
View Garden/Lawn, Street
Roof Type Shingle
Accessibility None
Porch Porch(es), Deck(s)
Total Parking Spaces 8
Garage N
Building
Lot Description Level, Front Yard
Foundation Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
Elementary Schools East Ward
Middle Schools Lionville
High Schools Downingtown High School East Campus
School District Downingtown Area
Others
Tax ID 11-05 -0045
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION