$1,680,000
For Sale

30 E KING STREET

Malvern, PA 19355
6714 sqft | 0.14 acres | #PACT2081254
Listing OfficeBHHS Fox & Roach Wayne-Devon
Office Phone
Office Email
Browse 22 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Excellent Income Earning BUILDINGS in charming town of Malvern - TWO Properties on the corner of King & Channing, & backing to public parking & a litl' Park. These are zoned Mixed Use & are fully Leased. 2 Buildings combined on ground floor & top floor, so must be sold together: Tax IDs: 02-04-0193 & 02-04-0192. Currently 3 Apartments & 2 Businessses- all making money for Landlord - sweet way to enjoy your investment! King St. frontage has a Dress Shop - the nice bumpout windows showcase what they sell! Low taxes, low maintenance, & low expenses, all Leased - giving this High Value! Investing in Malvern is an excellent opportunity - as this Main Line town is close to it all, but still has small town charm- where you know your neighbors!Excellent WALK-TO Everything Location, inc. Train, Library, Dining Fancy or at Pubs, great Shopping & Kimberton Whole Foods, Worralls, & Wawa! The 2 Buildings have 4 oversized on-site parking spots(EZ 8 if double up!) & backs to big public Parking Lot & Burke Park w/ Pavilion - the perfect place to meet for SAT. Farmers' Mkt, live music, Holidays & Tree Lighting, Parades - or just catching up w/ friends & walk to shopping, fine dining, cozy restaurants, or neighborhood pubs together! "Malvern Stroll" is a walk about town on the 3rd Thursday of every month - get ready for events like Halloween Parade & Christmas on KING - when they actually close down the main street for pedestrians, pop up shops, live Music, & sometimes even beer gardens. These 2 Buildings are being SOLD TOGETHER & have 2 entrances on King St. main floor lowest level - which opens to a large retail space using both buildings w/ handy full size display windows & PR. From 1st floor, there are interior stairs to west side second story, where there's more retail space, a full Bath & door to private parking out back . East side 2nd floor is a front to back private office, w/ Bath & ,door to Porch on Channing Ave. & door to back parking lot. Two updated Apartments w/ private entrances on 3rd floor - both have 2 BDRMs, 1 full Bath, Laundry, & convenient KIT open to FR layouts, & one uses Porch on alley walk out to King St. The 3rd Apartment is the Penthouse w/ 2 BDRMs, 2 Full Bath, & KIT also open to FR, w/ big Laundry Rm. - EZ to see why these are all OCCUPIED & making money for owner! If you are Ready to start making @$120,000 net, give Missy a call to schedule a showing - as all shows must be confirmed by all Tenants. Income producing investment opportunities like this don't come around often - esp. in desirable boro of Malvern! call with any questions & make an appointment to CHECK IT OUT ASAP! For more apartment pictures - SEE MLS #s : PACT2023126, PACT2010146 & PACT2045262

  • Property Details
      • Exterior MaterialsFire Escape, Secure Storage, Sidewalks, Street Lights
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • MLS #PACT2081254
      • MLS #PACT2081254
      • Property ConditionVery Good
      • SubdivisionPARKVIEW
      • Taxes Annual$11,561
      • Cost1680000
      • Utility SourcePublic
      • FoundationBlock
      • Property SubtypeOther
      • Acres0.14
      • Square Feet6714
      • Year Built1900

Location

Tom Governale | Keller WilliamsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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