This Property will be sold at Auction Dec. 21/2024 The list price in No way represents the purchase price and serves only as a suggested starting bid. For Sale: Multi-Unit Investment Property in a Rural Setting 🏡 Property Overview: This well-maintained property features three rental units, offering a mix of housing options for tenants in a peaceful rural location. Unit 1: Spacious 3-bedroom apartment Unit 2: Comfortable 2-bedroom apartment Unit 3: Cozy 1-bedroom apartment 🌿 Property Features: Situated on a 0.54-acre lot, providing ample outdoor space. Equipped with on-site water and sewer (holding tanks). Zoned Residential, perfect for continued rental use or future possibilities. 💰 Financial Highlights: Generates a solid $42,000 annual income, making this a lucrative investment opportunity. 📍 Location: Enjoy the serenity of a rural setting while benefiting from the steady demand for rental housing in the area. Asking Price: To be Sold at Auction Don't miss this chance to own a versatile and income-generating property. Ideal for investors or those looking to expand their portfolio!
Sold for $400,000 on 02/10/25
$400,000
798 Creek Rd, Downingtown, PA 19335
6beds
3baths
2,550sqft
Triplex
Built in 1850
-- sqft lot
$-- Zestimate®
$157/sqft
$2,895 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,895/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 10, 2025 at 04:01pm
Listed by:
J D Fisher 484-614-8992,
Hostetter Realty
Bought with:
NON MEMBER
Non Subscribing Office
Source: Bright MLS,MLS#: PACT2088472
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Wood, Carpet, Vinyl, Tile/Brick
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.54 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3003 0029
- Zoning: R1
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Frame, Masonry
- Foundation: Slab
- Roof: Pitched,Shingle
Condition
- Good
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: On Site Septic
- Water: Well
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Downingtown
- Municipality: EAST BRANDYWINE TWP
HOA & financial
Other financial information
- Total actual rent: 42000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2025 | Sold | $400,000+50.9%$157/sqft |
Source:  Bright MLS #PACT2088472 | ||
| 2/23/2022 | Sold | $265,000+55.9%$104/sqft |
Source: Public Record | ||
| 10/10/2016 | Sold | $170,000-22%$67/sqft |
Source: Public Record | ||
| 5/3/2016 | Listing removed | $218,000$85/sqft |
Source: ARC Realty Advisors #6732671 | ||
| 1/17/2016 | Listed for sale | $218,000-12.8%$85/sqft |
Source: Century 21 Precision Realty #6636806 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,594 +1.6% | $118,070 |
| 2024 | $4,521 +3.1% | $118,070 |
| 2023 | $4,385 +4.3% | $118,070 |
Find assessor info on the county website
Neighborhood: 19335
Nearby schools
GreatSchools rating
- 9/10Brandywine-Wallace El SchoolGrades: K-5Distance: 1.4 mi
- 5/10Marsh Creek Sixth Grade CenterGrades: 6Distance: 1.6 mi
- 8/10Downingtown High School West CampusGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- High: Downingtown High School East Campus
- District: Downingtown Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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