Historic Farmhouse with In-Law
GARNET VALLEY, PA 19060 Garnet Valley, PA 19060
New
Garnet Valley, PA, 19060
$799,000
For Sale
$799,000
MULTI_FAMILY - GARNET VALLEY, PA
Property Size3,959 SF
Price / SF$201.82
Days on Market6
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Active
- Size
- 3,959 SF
Building Details
- Year built
- 1806
Listing Agency
BHHS Fox & Roach West Chester
(610) 431-1100
PA
Listed by
Kit Anstey
(610) 836-2348
Added: Jul 13 Checked: Jul 18 at 3:06 pm
MLS# PADE2119618
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic farmhouse property offers multiple living options, including a main home with substantial additions and character features throughout. The main residence includes a kitchen with beam ceilings, exposed brick walls, and wood floors, along with an office/den with built-in bookshelves, multiple baths, and an impressive great room with cathedral ceilings and a wood-burning fireplace. An attached in-law suite provides a full-size kitchen, bath, bedroom, family room, dining room, and French doors leading to a large rear entertainment deck. The upper floor includes a primary bedroom and bath combination, plus an additional room currently used as an office. The basement offers versatile space with drop ceilings, built-in shelving, substantial storage, and multiple washer and dryer hookups.
The property also includes a separate detached cottage at the rear with one bedroom, a full bath, and a kitchen, featuring exposed brick and stone and serviced by a mini split for heat and air. A detached three-car garage is heated and air conditioned, with a large attached storage room at the back of the garage that includes two entrances. Outdoor space is supported by an in-place courtyard of gardens and areas maintained by the current owners.
Set on a slightly more than one-acre lot, the property provides a covered side patio and additional outdoor areas for gardening and everyday enjoyment.
The property also includes a separate detached cottage at the rear with one bedroom, a full bath, and a kitchen, featuring exposed brick and stone and serviced by a mini split for heat and air. A detached three-car garage is heated and air conditioned, with a large attached storage room at the back of the garage that includes two entrances. Outdoor space is supported by an in-place courtyard of gardens and areas maintained by the current owners.
Set on a slightly more than one-acre lot, the property provides a covered side patio and additional outdoor areas for gardening and everyday enjoyment.
Key Highlights
- Historic main farmhouse built in 1806 with original charm and multiple additions while maintaining character
- Separate single stone and siding cottage at the rear of the property, ideal for rental or family/guest use
- Detached 3‑car garage that is heated and air conditioned, plus a large attached storage room at the back with two entrances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.3k | $18.00 |
| − Vacancy | −$9.3k | −$2.34 |
| EGI | $62.0k | $15.66 |
| − OpEx | −$18.6k | −$4.70 |
| NOI | $43.4k | $10.96 |
3,959 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$619.9K
$542.4K – $723.2K
NOI $43,394 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$567.0K
$496.1K – $661.5K
NOI $39,687 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,023 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Historic farmhouse includes attached in-law suite, a detached heated three-car garage, and a separate one-bedroom cottage.
Where is this duplex located?
The property is located at Garnet Valley, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Historic main farmhouse built in 1806 with original charm and multiple additions while maintaining character; Separate single stone and siding cottage at the rear of the property, ideal for rental or family/guest use; Detached 3‑car garage that is heated and air conditioned, plus a large attached storage room at the back with two entrances