137 WALLACE AVE, Downingtown, Pennsylvania
137 WALLACE AVE, Downingtown, Pennsylvania 19335 - Great investment opportunity,Developing area, A site for a Martial Art studio (Taekwondo school), an Art (drawing) lessons studio, an Auto body/repair shop and a Landscaping services shop. It brings in about $6,000 per month in rents currently - roughly $4,600 in net operating income after property taxes and owner's insurance policy. One or two rental units of 1,600 SF total is available for lease for roughly $1,000/mon. Including this, potential annual gross rental income is over $80,000.
Listing Courtesy of Executive Home Sales Inc
“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”