Bought with Brian D. Foraker • Foraker Realty Co.
$325,000
$349,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
0.53 Acres Lot
SOLD DATE : 03/27/2026
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision Chatham Villiage
MLS Listing ID PACT2116894
Sold Date 03/27/26
Year Built 1852
Available Date 2026-02-07
Annual Tax Amount $9,959
Tax Year 2025
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Value-add opportunity for this 5-unit apartment house in Avon Grove School District. With some elbow grease and vision, one lucky buyer will have the opportunity to maximize the income potential for this apartment home. There are 3 one-bedroom apartments, 1 two-bedroom apartment, and 1 three-bedroom appartment. Each unit is occupied, and tenants are paying well-below the potential rents in the area. Although some of the units in this property are quite nice and move-in ready, the property requires significant work in order to reach its full potential. Accordingly, the seller will only be considering cash offers. Property is being sold in as-is condition. Property is being sold with adjacent lot (tax parcel from 5-unit home is 59-05B-0009 and tax parcel for vacant land is 59-05B-0008). Showings will be allowed only between 11:30 and 2pm on Saturday and Sunday. Buyer will be responsible for any repairs required by the township use and occupancy inspection.
Location
State PA
County Chester
Area London Grove Twp (10359)
Zoning COD
Interior
Hot Water Oil
Heating Hot Water, Radiator
Cooling Window Unit(s)
Flooring Wood, Fully Carpeted, Tile/Brick, Vinyl
Heat Source Oil
Exterior
Garage Spaces 8.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Stone
Sewer Cess Pool
Water Well
New Construction N
Schools
School District Avon Grove
Others
Tax ID 59-05B-0009
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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