156 W KING STREET

MALVERN, PA, 19355

$3,400,000

$293 per ft²
$3,400,000
$293 per ft²
Active
Active
 - For Sale
carpenters-square
11,572 ft²
property_type
Commercial
calendar
Built 1900
Introducing 156 W. King Street in Malvern Boro! Rarely does an investment opportunity come along to purchase an 8 unit apartment building, approximately 11, 572 sq ft in the heart of Malvern Boro. These 8 NEW CONSTRUCTION (Built in 2019) luxurious and trendy boutique 2 bedroom/2 bathroom apartments offer all the amenities you could ask for! Each apartment is slightly unique and highly stylized. Additionally there is covered parking in back with electric car charging station, an elevator, separate and private entrances, plus 8 large storage lockers in basement for tenants. 2 block walk to the Malvern train station R5 line. These 8 apartments are in the heart of the downtown Malvern. Grocery shopping, clothes shopping and dining are just steps away, no need for a car. Check out Alba, Anthony's, The Flying Pig, Christopher's and Brick & Brew restaurant. NEW amenities inclusive of 9' ceilings, extra sound proofing insulation, recessed lighting, custom designed bedroom closets, window treatments, as well as, a washer and dryer in each unit. Custom craftsman style cabinets in the kitchen with plenty of top and bottom cabinetry and storage space, Granite counter tops, all Stainless steel appliances (refrigerator with ice maker and built-in water dispenser, microwave, 4 burner gas stove and oven, dishwasher and under-mount sink with garbage disposal. The light in-fused open floor plan is spacious yet cozy. All utilities separated, gas heat and central air. ALL UNITS ARE FULLY OCCUPIED and FULLY LEASED! $220,260 in Yearly Income!
MLS® ID:
PACT2019892
Updated:
8/12/22
Compass RE
Trish Dantis Real Estate Team

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Forced Air, Programmable Thermostat

Exterior/Building Features

Lot Size
0 ft² lot
Roof
Asphalt, Shingle
Sewer
Public Sewer

School Information

School District
GREAT VALLEY

Other Property Details

Area Name
Malvern Boro (10302)
Taxes
$14276.00
Tax Frequency
per YEAR
Garage
No
Parking
Electric Vehicle Charging Station(s), Handicap Parking, Lighted Parking, Paved Parking, Private, Surface
View
N
County
CHESTER
Water Source
Public
Pool
No
Zoning
R40 APT

Property History

Date
Event
Price
Value
5/17/22
Price Change
$3,400,000
-10%
4/29/22
Price Change
$3,800,000
-5%
3/28/22
Price Change
$4,000,000
-14%

Courtesy of Long & Foster Real Estate, Inc.

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©2022 BRIGHT MLS. All rights reserved.

Data last updated 12:03 PM UTC, 8/12/22

Compass RE
Trish Dantis Real Estate Team
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