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137 WALLACE AVE, Downingtown, Pennsylvania

$799,000Active

137 WALLACE AVE, Downingtown, Pennsylvania 19335
Executive Home Sales Inc - MLS® ID: 7032016

Property Details

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.

Amenities

  • Zip19335
  • CountyChester
  • SQFT11379
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeC3
  • School districtDowningtown
  • Year built1957
  • Lot size1.1
  • SewerPublic Sewer
  • Tax amount$13,375.00
  • Tax year2017
  • Office IDEXECHOME
  • Agent ID60035527
  • Agent nameSang Park
  • MLS® ID7032016

Broker: Executive Home Sales Inc

Listing Courtesy of Executive Home Sales Inc

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“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!”

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