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    2040 Creek Rd Glenmoore, PA 19343

    For Sale
    $950,000

    Five-unit property, high rental income potential.

    Property size:
    5,833 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a well-maintained, fully occupied five-unit multifamily property situated on a 0.26-acre lot at 2040 Creek Road in Glenmoore, Pennsylvania. The property boasts a total of 5,833 square feet and comprises a diverse mix of units: two one-bedroom units, two two-bedroom units, and one three-bedroom unit. This provides a balanced rental portfolio with potential for diverse tenant occupancy. The property benefits from its convenient location, offering tenants easy access to local shopping, dining establishments, and public transportation options. Ample on-site parking is available for residents. Electricity is individually metered for each unit, simplifying utility management and providing transparency for both owner and tenants. One unit, specifically Unit #3, has recently undergone a complete renovation, presenting an immediate opportunity to increase rental income. This upgrade demonstrates a commitment to property maintenance and enhances the overall value of the investment. The property's current occupancy status ensures a consistent stream of rental income. This property is an excellent choice for investors seeking a stable and potentially high-yielding investment in a desirable location. Financial details, including a rent roll and expense sheet, are available upon request. Schedule a private showing to explore this promising investment opportunity further.

    Property Features for 2040 Creek Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,833 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Department Store Bar & Pub HVAC Service Cafe & Coffee Shop Electrical Service Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenmoore
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.77473
    Latitude
    40.09063

    Nearby Comparable

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      $525,000
      Pending

      Historic Chester County Farmhouse Office

      Charming 1800s farmhouse office space in Downingtown, PA.
      525 Hopewell Rd, Downingtown, PA 19335
      View Details
    • Contact for pricing
      0.58 Acres

      Downingtown Land: Prime Route 322 Site

      High-traffic location, ideal for business.
      1193 Horseshoe Pike, Downingtown, PA 19335
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Five-unit property, high rental income potential.
    Where is this commercial real estate located?
    The property is located at 2040 Creek Rd Glenmoore, PA.
    What is the asking price?
    The asking price for this property is $950,000.
    (610) 363-4300
    Request Owner's contact information
    2040 Creek Rd Glenmoore, PA 19343
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    Glenmoore, PA 19343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 Creek Rd Glenmoore, PA 19343
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