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 individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.
441 W 1st Avenue | MLS# PACT2129076
This commercial property located at 441 W 1st Avenue, Parkesburg, PA 19365 is currently listed for sale with an asking price of $1,070,000. W 1st Avenue is located within the OCTORARA AREA school district. Search Parkesburg real estate on www.loreefosterteam.com today.
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Agent License Information: The Loree Foster Team
Licensed in PA & MD: Lora (Loree) Foster, Kim Smith
Licensed in PA: Carlos Rosario, Amanda Brown, David Coates
441 W 1st Avenue | MLS# PACT2129076
This commercial property located at 441 W 1st Avenue, Parkesburg, PA 19365 is currently listed for sale with an asking price of $1,070,000. W 1st Avenue is located within the OCTORARA AREA school district. Search Parkesburg real estate on www.loreefosterteam.com today.