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Downingtown,PA 19335
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $175
Subdivision Downingtown
MLS Listing ID PACT2101916
Style Craftsman
Year Built 1924
Annual Tax Amount $5,702
Tax Year 2024
Lot Size 8,700 Sqft
Property Sub-Type Detached
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
Interior
Hot Water Electric
Heating Hot Water,Baseboard - Electric
Cooling Window Unit(s)
Flooring Ceramic Tile,Hardwood,Partially Carpeted,Luxury Vinyl Plank
Fireplaces Number 1
Inclusions Window AC units, kitchen refrigerator
Equipment Refrigerator,Dishwasher,Oven/Range - Electric
Exterior
Exterior Feature Porch(es),Deck(s)
Garage Spaces 8.0
Water Access N
View Garden/Lawn,Street
Roof Type Shingle
Building
Lot Description Level,Front Yard
Foundation Brick/Mortar,Stone
Sewer Public Sewer
Water Public
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
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard