441 W 1st Ave,PARKESBURG, PA 19365
PARKESBURG, PA 19365
Description
Six-unit multifamily investment property located in Parkesburg, PA. The property consists of six apartment units, including five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, and currently generates approximately $7,800 per month in gross rental income ($93,600 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. The property offers stable in-place cash flow and serves the strong workforce housing demand present throughout western Chester County. Located within Parkesburg Borough, the property benefits from convenient access to the Route 30 corridor, regional employment centers, shopping, public transportation, and surrounding municipalities. The area continues to experience steady rental demand supported by limited housing inventory and a strong local employment base. This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Details
| MLS # | PACT2129076 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1910 |
| Days On Site | 75 |
| Listing Provided By | Real of Pennsylvania | Beau McGettigan |
Features
| Units | 6 |
|---|---|
| Zoning | C |
| Acreage | 0.12 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Construction Materials | Other |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 10396 |
|---|
Area Information
| State | PA |
|---|---|
| County | CHESTER PA |
| City | PARKESBURG |
| Zip Code | 19365 |
| Area | Parkesburg Boro (10308) |
| School District | OCTORARA AREA |
| Listing VS Median (in 19365) | |
Price: $1,085,000 low | high Med: $245,000 On site: 75 low | high Med: 188.5 | |
Market Activity 19365
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Learn More About This Property
| State | PA |
|---|---|
| County | CHESTER PA |
| City | PARKESBURG |
| Zip Code | 19365 |
| Area | Parkesburg Boro (10308) |
| School District | OCTORARA AREA |
| Listing VS Median (in 19365) | |
Price: $1,085,000 low | high Med: $245,000 On site: 75 low | high Med: 188.5 | |
