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Listed by Beau McGettigan • Real of Pennsylvania
$ 1,085,000
Est. payment | /mo
5,409 Sqft Lot
$ 1,085,000
Est. payment | /mo
5,409 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACT2129076
Year Built 1910
Annual Tax Amount $10,396
Tax Year 2025
Lot Size 5,409 Sqft
Acres 0.12
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Six-unit multifamily investment property located in Parkesburg, PA. The property consists of six apartment units, including five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, and currently generates approximately $7,800 per month in gross rental income ($93,600 annually).
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. The property offers stable in-place cash flow and serves the strong workforce housing demand present throughout western Chester County.
Located within Parkesburg Borough, the property benefits from convenient access to the Route 30 corridor, regional employment centers, shopping, public transportation, and surrounding municipalities. The area continues to experience steady rental demand supported by limited housing inventory and a strong local employment base.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. The property offers stable in-place cash flow and serves the strong workforce housing demand present throughout western Chester County.
Located within Parkesburg Borough, the property benefits from convenient access to the Route 30 corridor, regional employment centers, shopping, public transportation, and surrounding municipalities. The area continues to experience steady rental demand supported by limited housing inventory and a strong local employment base.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Location
State PA
County Chester
Area Parkesburg Boro (10308)
Zoning C
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Accessibility Other
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Octorara Area
Others
Tax ID 08-05 -0044
Ownership Fee Simple
Special Listing Condition Standard
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