45 W PENNSYLVANIA AVE, Downingtown, PA 19335
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45 W PENNSYLVANIA AVE, Downingtown, PA 19335
45 W PENNSYLVANIA AVE, Downingtown, PA 19335
45 W PENNSYLVANIA AVE, Downingtown, PA 19335
45 W PENNSYLVANIA AVE, Downingtown, PA 19335
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Karen Gray

Karen Gray

+1(240) 229-1556
Listed by Kelly Fuller-Logan • LPT Realty, LLC
$ 1,540,000
Est. payment /mo
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Price Dropped by $60K

45 W PENNSYLVANIA AVE Downingtown, PA 19335

6 Beds

3 Baths

2,630 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,630 sqft

Price per Sqft $585

Subdivision None Available

MLS Listing ID PACT2118004

Style Colonial

Bedrooms 6

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,630

Year Built 1900

Annual Tax Amount $4,568

Tax Year 2022

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions This lot includes an additional lot making total property approximately over 1/2 an acre.

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to 45 West Pennsylvania Avenue. This property is conveniently located at the corner of Pennsylvania Avenue and Manor Avenue, also known as Horseshoe Pike in the heart of the Borough of Downingtown. This property is an investment property, a multi-family dwelling and a lot to build another multi-family dwelling on if desired. The buildable lots can be used as rental property or a property that could be rebuilt and sold. Close proximity to Kerr Park, Churches of every denomination, local shopping, entertainment & food businesses make this property both beautiful & functional. Any business would thrive with this central location. This R4 Zoned property opens it up to numerous business types which can be listed for any interested investor. To name just a few, Doctor Offices, Dental Offices, Small business offices, Social Clubs, Bed & Breakfasts, Entertainment venues, multiunit investment property, and the list goes on of opportunity. Some local variances may be required for some businesses, please check with the Borough for any restrictions or inquire & we can provide you assistance. This building has been kept immaculately, gorgeous hard wood floors, new kitchen appliances & fixtures, a roof recently installed 2021 with a lifetime warranty that transfers to the new owners. Many upgrades were made while maintaining the original beauty of this building. Please contact Kelly Fuller Logan, Realtor LPT Realty to secure your private showing of this property. All showings require prequalified buyers. This includes the adjacent lot bringing the total property to almost 3/4 of an acre. Possibly for parking lot or outdoor storage or sheds.

Location

State PA

County Chester

Area Downingtown Boro (10311)

Zoning R4

Direction South

Rooms

Basement Full

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Flooring Hardwood, Tile/Brick, Carpet

Inclusions All fixtures included unless otherwise negotiated by Seller 2nd buildable lot. Possibility to Create multi-family dwellings on both lots. Similar rental rates in area btwn 2000-3500 per month. Sales for townhomes btwn 400k - 800k. Potential for ROI with sale or income from rentals.

Equipment None

Fireplace N

Heat Source Natural Gas

Laundry Main Floor

Exterior

Water Access N

Roof Type Architectural Shingle

Accessibility None

Garage N

Building

Lot Description Corner, Cleared, Open, Other

Story 3

Foundation Stone

Above Ground Finished SqFt 2630

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

High Schools Dhs West

School District Downingtown Area

Others

Pets Allowed Y

Senior Community No

Tax ID 11-07 -0212

Ownership Fee Simple

SqFt Source 2630

Acceptable Financing Conventional, Cash

Horse Property N

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Bright MLS (BMLS)
Karen Gray

Karen Gray

Broker Associate | License ID: MD 607584 DC BR40000458

+1(240) 229-1556

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45 W PENNSYLVANIA AVE