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Sold for $349,000 on 08/22/22
  • $349,000

    47 W Central Ave, Paoli, PA 19301

    2beds
    --baths
    1,456sqft
    Duplex
    Built in 1948
    -- sqft lot
    $474,600 Zestimate®
    $240/sqft
    $2,661 Estimated rent

    What's special

    Terrific investment opportunity in the heart of the Paoli town center. Very convenient location, close to the commuter rail, shoppes and restaurants. The home consists of two generous sized 1BR apartments as well as a massive 31x25 workshop at the rear of the home which could possibly add additional rental income. There is a dedicated laundry room for the tenants, as well as a powder room for the workshop and an additional basement for even more storage. The first floor apartment is rentable immediately, the upstairs apartment will need some TLC prior to tenant occupancy. A pre-inspection report has been done on the home, and the estate has since completed a 100AMP service upgrade, a new electric meter, and an upgraded 60AMP sub-panel for the workshop area. The apartment electric, and heat are not zoned separately, but could be converted easily. The driveway is shared, and there is room for approximately four cars in a line, or there is parking at the rear of the property. This is a great income stream for a savvy investor- make your appointment today.

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2022 at 05:32am

    Listed by:

    Scott Stephens 610-733-7117,

    Keller Williams Real Estate -Exton

    Bought with:

    Madeline Elizabeth Ferrara

    BHHS Fox & Roach At the Harper, Rittenhouse Square

    Reid Rosenthal

    BHHS Fox & Roach At the Harper, Rittenhouse Square

    Source: Bright MLS,MLS#: PACT2027960MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,456
    • Total interior livable area: 1,456 sqft

    Property

    Parking
    • Parking features: Shared Driveway, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,626 sqft
    • Features: Level
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 4309L0060
    • Zoning: R20 RES 2 FAM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Stucco
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Below Average
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Paoli
    • Municipality: TREDYFFRIN TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $474,600
    2% more+ $9,492
    With Zillow Showcase(estimated)
    $484,092