NOT LISTED FOR SALE

798 Creek Rd Downingtown, PA 19335

Studio
3 Baths
2,550 Sq Ft
0.54 Acres Lot

Sale Details

Date Sold: February 10, 2025

Last sale price $400,000 $157 Per Sq Ft

5 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Electric Baseboard Heater
  • Brandywine-Wallace El School Rated A

About This Home

As of February 2025

This Property will be sold at Auction Dec. 21/2024 The list price in No way represents the purchase price and serves only as a suggested starting bid.
For Sale: Multi-Unit Investment Property in a Rural Setting Property Overview:
This well-maintained property features three rental units, offering a mix of housing options for tenants in a peaceful rural location. Unit 1: Spacious 3-bedroom apartment
Unit 2: Comfortable 2-bedroom apartment
Unit 3: Cozy 1-bedroom apartment Property Features: Situated on a 0.54-acre lot, providing ample outdoor space.
Equipped with on-site water and sewer (holding tanks).
Zoned Residential, perfect for continued rental use or future possibilities. Financial Highlights: Generates a solid $42,000 annual income, making this a lucrative investment opportunity. Location:
Enjoy the serenity of a rural setting while benefiting from the steady demand for rental housing in the area. Asking Price: To be Sold at Auction Don't miss this chance to own a versatile and income-generating property. Ideal for investors or those looking to expand their portfolio!

Last Agent to Sell the Property

J D Fisher

(717) 786-6200 brittany@hostetterrealty.com Hostetter Realty License #RS321446 Listed on: 12/16/2024

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1850

Lot Details

  • 23,325 Sq Ft Lot
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • 2,550 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Schools

  • Downingtown High School East Campus

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0029
  • Assessor Parcel Number 30-03 -0029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,521

Year Built

Built in 1850

Lot Details

0.54 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Posessions.
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: Yes
  • Special Features: Auction

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 98.04
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Masonry
  • Roof: Pitched, Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available
  • Water Source: Well

Schools

  • School District Source: Listing Agent
  • High School: DOWNINGTOWN HIGH SCHOOL EAST CAMPUS

Lot Info

  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23325.00
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 42000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3626.00
  • Tax Annual Amount: 4521.00
  • Assessor Parcel Number: 30-03 -0029
  • Tax Lot: 0029
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: DOWNINGTOWN AREA
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $400,000 +60.0% $157 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $250,000 -- $98 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,385 $118,070 $48,400 $69,670
2024 $4,385 $118,070 $48,400 $69,670
2023 $4,267 $118,070 $48,400 $69,670
2022 $4,106 $118,070 $48,400 $69,670
2021 $4,091 $118,070 $48,400 $69,670
2020 $4,070 $118,070 $48,400 $69,670
2019 $4,064 $118,070 $48,400 $69,670
2018 $4,064 $118,070 $48,400 $69,670
2017 $4,020 $118,070 $48,400 $69,670
2016 $3,624 $118,070 $48,400 $69,670
2015 $3,624 $118,070 $48,400 $69,670
2014 $3,624 $118,070 $48,400 $69,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2088472

Bright MLS

APN: 3003 00290000

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