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Malvern,PA 19355
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,714 sqft
Price per Sqft $250
Subdivision Parkview
MLS Listing ID PACT2081254
Style Colonial
Abv Grd Liv Area 6,714
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,561
Tax Year 2024
Lot Size 5,928 Sqft
Acres 0.14
Lot Dimensions 0.00 x 0.00
Property Description
Excellent Income Earning BUILDINGS in charming town of Malvern - TWO Properties on the corner of King & Channing, & backing to public parking & a litl' Park. These are zoned Mixed Use & are fully Leased. 2 Buildings combined on ground floor & top floor, so must be sold together: Tax IDs: 02-04-0193 & 02-04-0192. Currently 3 Apartments & 2 Businessses- all making money for Landlord - sweet way to enjoy your investment! King St. frontage has a Dress Shop - the nice bumpout windows showcase what they sell! Low taxes, low maintenance, & low expenses, all Leased - giving this High Value! Investing in Malvern is an excellent opportunity - as this Main Line town is close to it all, but still has small town charm- where you know your neighbors!Excellent WALK-TO Everything Location, inc. Train, Library, Dining Fancy or at Pubs, great Shopping & Kimberton Whole Foods, Worralls, & Wawa! The 2 Buildings have 4 oversized on-site parking spots(EZ 8 if double up!) & backs to big public Parking Lot & Burke Park w/ Pavilion - the perfect place to meet for SAT. Farmers' Mkt, live music, Holidays & Tree Lighting, Parades - or just catching up w/ friends & walk to shopping, fine dining, cozy restaurants, or neighborhood pubs together! "Malvern Stroll" is a walk about town on the 3rd Thursday of every month - get ready for events like Halloween Parade & Christmas on KING - when they actually close down the main street for pedestrians, pop up shops, live Music, & sometimes even beer gardens. These 2 Buildings are being SOLD TOGETHER & have 2 entrances on King St. main floor lowest level - which opens to a large retail space using both buildings w/ handy full size display windows & PR. From 1st floor, there are interior stairs to west side second story, where there's more retail space, a full Bath & door to private parking out back . East side 2nd floor is a front to back private office, w/ Bath & ,door to Porch on Channing Ave. & door to back parking lot. Two updated Apartments w/ private entrances on 3rd floor - both have 2 BDRMs, 1 full Bath, Laundry, & convenient KIT open to FR layouts, & one uses Porch on alley walk out to King St. The 3rd Apartment is the Penthouse w/ 2 BDRMs, 2 Full Bath, & KIT also open to FR, w/ big Laundry Rm. - EZ to see why these are all OCCUPIED & making money for owner! If you are Ready to start making @$120,000 net, give Missy a call to schedule a showing - as all shows must be confirmed by all Tenants. Income producing investment opportunities like this don't come around often - esp. in desirable boro of Malvern! call with any questions & make an appointment to CHECK IT OUT ASAP! For more apartment pictures - SEE MLS #s : PACT2023126, PACT2010146 & PACT2045262
Location
State PA
County Chester
Area Malvern Boro (10302)
Zoning MIXED RES/COMMERCIAL
Interior
Hot Water Natural Gas
Cooling Central A/C,Ductless/Mini-Split,Multi Units,Window Unit(s)
Flooring Hardwood,Laminated,Carpet
Fireplace N
Heat Source Natural Gas,Electric
Exterior
Garage Spaces 64.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway,On Street,Off Street,Off Site,Parking Lot
Total Parking Spaces 64
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Great Valley
Others
Tax ID 02-04 -0192
Ownership Fee Simple
SqFt Source Estimated
Security Features Fire Detection System
Special Listing Condition Standard