
$1,050,000
1701 Jennings Way, Paoli, PA 19301
Listed by Howard Hanna Real Estate Services
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.
| Date | Event | Price |
|---|---|---|
| May 4, 2026 | Listed 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.
Estimated value
$1,091,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Chester County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 131 DEVON RD, PAOLI, PA 19301 | March 2026 | $1,575,000 | 5/4 | 5,800 | $1,039,730 |
| 1015 S WISTERIA DR, MALVERN, PA 19355 | March 2026 | $1,650,000 | 5/4 | 6,431 | $1,020,592 |
| 648 SPRUCE LN, BERWYN, PA 19312 | August 2025 | $2,100,000 | 5/4 | 6,206 | $1,243,032 |
| 5 KENT LANE, PAOLI, PA 19301 | December 2025 | $1,260,000 | 4/4 | 5,440 | $890,321 |
| 41 GREENLAWN RD, PAOLI, PA 19301 | November 2025 | $1,074,000 | 7/4 | 5,292 | $759,592 |
| 1775 KNOBB HILL LN #LOT 12, PAOLI, PA 19301 | October 2024 | $2,708,342 | 4/3 | 5,245 | $2,067,827 |
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 (2025)
$1,570
Municipal tax
Not reported in the MLS feed
—
Recomputed from the county assessment ($304,000, 1998 base year) × current millage. 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.
Loan term
Estimated monthly payment
$6,725/mo
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.
School district
Tredyffrin-Easttown
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 →
FBI and Pennsylvania source data, presented without spin.
Property taxes
Chester County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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: July 8, 2026 at 2:30 PM EDT
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