$345,000

14 Railroad Ave

PAOLI PA, 19301

Description

IMMEDIATE DEPENDABLE CASH FLOW: This investment property has been fully renovated and expanded as an ideal rental property for an investor. The home is currently occupied by long term tenants who have meticulously maintained the property with pride. Residents have easy access to the train, shopping, entertainment, and medical services. Walk or ride, it's all only minutes away. The home is located in a rapidly developing area surrounding the train station. First stage construction is well under way with steel in place for a multimillion dollar overpass. Demolition and site clearing is ready to go and new road access work should commence in the near future. The changes already approved and under way will create a fresh new look. Further expansion and growth can be anticipated for the surrounding area where this property is located. See the attached "Town Center District" zoning document that allows for many additional uses. Hedge your investment risk with rental income and take advantage of the zoning for further development when the timing is right.

Details

MLS#PACT480030
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site110

Features

SQ Feet1,754
Story(s)0
Units1
ZoningTOWN CENTER DISTRICT

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Area Information

StatePA
CityPAOLI
Zip Code19301
AreaTredyffrin Twp (10343)
Listing VS Median (in 19301)
Price:
$345,000
low | high
Med:
$500,000
5.072463768116% of Average
SqFt:
1,754
low | high
Med:
900
98.717217787913% of Average
$ / SqFt:
$197
low | high
Med:
$132
82.881391433244% of Average
On Site:
110
low | high
Med:
52.500000
100% of Average
Listing Updated: 09/14/2019
MLS Number: PACT480030
Listing Provided By:
Bob Wells  of  Berkshire Hathaway HomeServices Homesale Realty