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
Property Type
Multi-FamilyCounty
CHESTERStyle
ColonialAD ID
47141457
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Exterior Property Features : Fire Escape,Secure Storage,Sidewalks,Street Lights
Heating & Cooling
- Cooling: Central A/C,Ductless/Mini-Split,Multi Units,Window Unit(s)
- Heating: 90% Forced Air,Baseboard - Electric,Wall Unit
- Cooling Fuel: Electric,Natural Gas
- Heating Fuel: Natural Gas,Electric
-
Exterior Features
Building Information
- Exterior Features: Fire Escape,Secure Storage,Sidewalks,Street Lights
- Year Built: 1900
- Structure: Twin/Semi-Detached
- New Construction: No
- Total Units: 2
- Built: 1900
- Construction Material: Brick
- Security System: Fire Detection System
- Foundation/Basement: Block
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 5,928
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.14
- Architectural Style: Colonial
- Main Square Feet: 5,928
Property Information
- SQ ft: 6,714
- SQ ft (Living Area): 6,714
- Total Lot SQ ft: 5,928
- Subdivision: PARKVIEW
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.14
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 8
-
Taxes / Assessments
Tax Information
- Annual Tax: $11,561
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $351,660
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway,On Street,Off Street,Off Site,Parking Lot
Homeowners Association Information
- Direction: West on King St. from Rt. 30 On corner of Channing & King -backing to public parking Lot & Park & Pavillion
-
School, Utilities & Location Details
School Information
- School District: GREAT VALLEY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric,Natural Gas
- Heating Fuel: Natural Gas,Electric
- Hot Water: Natural Gas
Location Information
- Direction: West on King St. from Rt. 30 On corner of Channing & King -backing to public parking Lot & Park & Pavillion
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BuyOwner last updated this listing 11/21/2024 @ 09:20
- MLS: PACT2081254
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 3,322 sqft, 5,928 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of MALVERN , in zip code 19355, this CHESTER County Other , it is in the PARKVIEW Subdivision, and are nearby neighborhoods.