BEDS0
BATHS
SQUARE FEET3,477
MLS#PACT2122702
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAVON GROVE
Property Description
Investor Alert in the heart of West Grove! This versatile mixed-use property offers strong income potential with three residential units plus a two-room office suite, all ideally positioned in a prime in-town location. The residential component includes (2) one-bedroom, one-bath apartments and (1) efficiency unit with full bath, providing multiple streams of rental income.(all on month to month lease) In addition, the two-room office suite presents an excellent opportunity for professional use, small business occupancy, or future value-add improvements. The property features electric service with two meters: • Meter #1 services the first-floor apartment, office space, and likely exterior lighting • Meter #2 services the second- and third-floor apartments Major systems include an 80-gallon hot water heater servicing all three apartments, while the oil burner/boiler provides heat to the first and second floors and office space. The third-floor unit is equipped with electric baseboard heat. Important capital improvements have already been completed, including a roof replacement, chimney repointing, and installation of a stainless steel liner and cap approximately 7 years ago. Porch overhangs were updated approximately 12 years ago, and the garage roof has been replaced (year unknown). This property does require maintenance and updating, making it an ideal candidate for investors seeking to renovate, reposition, and maximize return. Being sold strictly “as is” as part of an estate settlement. Buyers are welcome to conduct inspections; however, the seller will make no repairs. Buyer is responsible for any Use & Occupancy and/or Borough requirements. A rare opportunity to own a multi-use income-producing property in a desirable Southern Chester County location—bring your vision and unlock its full potential! Listing Agent is related to seller.
Property Features
Property Type: Multi Unit - Multiple
Basement: Outside Entrance
Basement: Yes
Cooling: None
Fuel Type: Electric, Oil
Heating: Hot Water
Home Style: Colonial, Traditional
Lot Size: 0.26 Acres
Roof Type: Shingle
Taxes: $5,021
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 1
Exterior: Brick
Flooring: Hardwood, Vinyl
Lot Dimensions: 0.26 Acre(S)
Municipality: WEST GROVE BORO
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: Detached
Studio Efficiency Units: 1
Units: 4
Water: Public
Local Schools
School District: AVON GROVE
Listed By / Shown By
Listed By
Agency Name: RE/MAX Excellence - Kennett Square
Agency Phone: 6103471100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,236.52 per month $723.31 Principal & Interest $418.42 Property Tax $94.79 Homeowner's InsuranceChange Payment Information
118 W Evergreen Street | MLS# PACT2122702
This multi-family property located at 118 W Evergreen Street, West Grove, PA 19390 is currently listed for sale with an asking price of $325,000. W Evergreen Street is located within the AVON GROVE school district. Search West Grove real estate on www.realtymarkllc.com today.