Residential Income Property with Finished
For Sale
$269,900
1407 PAINTERS CROSSING Unit 1407, Chadds Ford, PA 19317
A four-bedroom layout, dedicated parking, and access to a community pool support convenient residential use.
Property Size1,633 SF
Price / SF$165.28
Days on Market14
Property Features for 1407 PAINTERS CROSSING Unit 1407
General Information
Standard status
Active
Size
1,633 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 4BR/2.5BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,875
Amenities
fireplace
in-unit laundry
outdoor swimming pool
common grounds
dedicated parking
Building Details
Building Size
1,633 SF
Year Built
1972
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 27 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property has four bedrooms, 2.5 bathrooms, and a finished basement. Interior features include updated flooring, a fireplace, and a refreshed kitchen with shaker-style cabinets, quartz countertops, a subway tile backsplash, and stainless steel appliances. The home also includes a washer and dryer. Built in 1972, it has a flexible floor plan and dedicated parking.
Residents can use the community’s outdoor swimming pool and common grounds. The association fee covers heat, water, lawn maintenance, snow removal, and trash service. The property is within the Unionville-Chadds Ford School District and has access to local shopping, restaurants, parks, and recreational opportunities. West Chester and Media are accessible, as is I-95 for regional travel.
Residents can use the community’s outdoor swimming pool and common grounds. The association fee covers heat, water, lawn maintenance, snow removal, and trash service. The property is within the Unionville-Chadds Ford School District and has access to local shopping, restaurants, parks, and recreational opportunities. West Chester and Media are accessible, as is I-95 for regional travel.
Key Highlights
- Four bedrooms and 2.5 bathrooms
- Finished basement and fireplace
- Kitchen with quartz counters, shaker cabinets, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,370
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,400
$327.4K
Cap Rate 7%
$233,857
$233.9K
Cap Rate 9%
$181,889
$181.9K
Market Conditions
NOI Build-Up for 1,633 SF
Gross rent
$34.5K $21.12/SF
− Vacancy
−$4.7K −$2.89/SF
EGI
$29.8K $18.23/SF
− OpEx
−$13.4K −$8.20/SF
NOI
$16.4K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,400
Cap Rate 7%
$233,857
Cap Rate 9%
$181,889
Alternative Uses
Best Use
Apartment 5plus
$233.9K
$204.6K – $272.8K
NOI $16,370 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.1K
$433.2K – $577.6K
NOI $34,658 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 19317, PA
10,714
Population
4,212
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
97%
High-School Grad
21.8 sq mi
ZIP Area
491
Density / Sq Mi
$154,933
Median Household Income
$82,454
Median Earnings
$2,003
Median Rent
$588,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A four-bedroom layout, dedicated parking, and access to a community pool support convenient residential use.
Where is this residential income property located?
The property is located at 1407 PAINTERS CROSSING Unit 1407 Chadds Ford, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Four bedrooms and 2.5 bathrooms; Finished basement and fireplace; Kitchen with quartz counters, shaker cabinets, and stainless steel appliances
