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For Sale

Listing description

Don’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 facilities—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 investor’s vision, there are multiple avenues to further increase income and overall returns—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 property’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.

Facts & features

Interior

Living area
6,084 sq ft
Heating
Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Other
Architectural style
Other
Year built
1908

Lot & parking

Lot size
0.26 acres (11,534 sq ft)

Financial

Price / sq ft
$164
HOA dues
None

Listing details

MLS #
PACT2124492
County
Chester County
School district
Tredyffrin-Easttown
Days on NookLocal
109 days

Interior features

Basement
Full, Outside Entrance, Side Entrance
Levels
3
Accessibility
None

Exterior & construction

Construction
Stone, Vinyl Siding

Systems & utilities

Heating fuel
Natural Gas
Cooling fuel
Electric
Hot water
Electric
Water source
Public
Sewer
Public Sewer

Parking

Parking
Parking Lot, Driveway
Total spaces
9

Community

Subdivision
PAOLI GARDENS

Lot & zoning

Lot dimensions
0.00 x 0.00
Zoning
R

Included in the sale

Exclusions
Tenants
Possession
0-30 Days CD

Price history

DateEventPrice
Jul 24, 2026Price reduced$999,999
Price reduced$1,050,000
May 4, 2026Listed for sale$1,100,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$1,021,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Chester County assessment ratio, weighted toward the current asking price.

Current list price
$999,999
County assessment implies
$994,114
Est. property taxes at today's rates
$10,585/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
131 DEVON RD, PAOLI, PA 19301March 2026$1,575,0005/45,800$1,039,730
1015 S WISTERIA DR, MALVERN, PA 19355March 2026$1,650,0005/46,431$1,020,592
2062 GENERAL ALEXANDER DR, MALVERN, PA 19355August 2026$2,325,0005/45,800$1,357,398
5 KENT LANE, PAOLI, PA 19301December 2025$1,260,0004/45,440$890,321
41 GREENLAWN RD, PAOLI, PA 19301November 2025$1,074,0007/45,292$759,592
648 SPRUCE LN, BERWYN, PA 19312August 2025$2,100,0005/46,206$1,243,032

Estimated taxes

Estimated at current rates

$10,585 / year

$882 per month

MLS shows (2026)

$11,896

-11.0% at current rates

School tax

TREDYFFRIN-EASTTOWN · 29.66 mills (2025-26)

$9,016

County tax

Chester County · 5.16 mills (2026)

$1,570

Municipal tax

Not reported in the MLS feed

Recomputed from the county assessment ($304,000, 1998 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Chester County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$200,000 (20%)
6.43%

Loan term

Estimated monthly payment

$6,194/mo

Principal & interest
$5,020
Property taxes (current rates)
$882
Home insurance (est.)
$292

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Tredyffrin-Easttown

Academic index
82.6/100
Graduation rate
98%
PSSA ELA proficient
78.6%
PSSA Math proficient
72.9%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Chester County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Chester County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: August 21, 2026 at 2:11 AM EDT

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