Opportunity to invest in one of Chester County's HOTTEST neighborhoods! This rare, flat 90x40 parcel (tax ID 15-05 -0469) ready for the development of 1 or 2 NEW CONSTRUCTION single family homes! Comps set on the block at 275K for new construction. The development is NOT currently approved, those steps would need to be taken by the buyers. This is being sold as a package only, along with 134 Dayton St (290k). This freshly rehabbed in 2014: new plumbing, electric and siding. New central air installed on the ground level 12/1/18. 3bed-2bth corner twin+garage and office(built in 2014) is available now as a cash producing property (rents $3600/mnth) from day one! Conveniently leased mnth-mnth, (same tenants past 4 yrs), tenants open to signing long term lease or new owners could occupy the space. As it sits currently, this opportunity is presenting a 10+cap return for ownership. Perfectly located within walking distance to downtown Phoenixville and all it's offerings like Root Down Brewing, Steel City coffee, and the Phoenixville Foundry!
Listing courtesy of BHHS Fox & Roach-Center City Walnut.
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