$1,150,000

FOR SALE

90 W Central Ave

Paoli, Pa, 19301

MLS #PACT2124492

Subdivision: Paoli Gardens

Building: -

- Beds

-/- Baths

6084 sqft

$ 189.02 /sqft

Property Details

Donx2019;t miss this exceptional turnkey investment opportunity in the highly desirable Paoli market. This fully leased five-unit apartment building delivers an annual revenue of $84,000, with clear upside potential as several units are currently below market rents.The well-maintained property consists of five one-bedroom, one-bathroom apartments, along with a detached garage generating additional month-to-month income, private parking for tenants, and convenient on-site laundry facilitiesx2014;features that enhance both tenant appeal and long-term value.Ideally located near Paoli Hospital, SEPTA Regional Rail, Vanguard, and a variety of grocery stores and retail centers, this property benefits from consistent rental demand in a prime suburban setting.With an investorx2019;s vision, there are multiple avenues to further increase income and overall returnsx2014;whether through strategic rent adjustments to market levels, optimizing ancillary income streams such as parking and garage use, or exploring value-add improvements to elevate the propertyx2019;s appeal. This is a rare opportunity to acquire a stabilized asset with immediate cash flow and meaningful potential for future growth. Photos taken prior to tenants occupancy.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1908
Cooling
Central A/C
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
Forced Air
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
-
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
A
Listing Office
JMG Pennsylvania

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Listing Courtesy of: JMG Pennsylvania