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Historic Farmhouse with In-Law Suite

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
PA
Listed by Kit Anstey
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.

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 (±1% cap)
NOI $43,394 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$567.0K
$496.1K – $661.5K (±1% cap)
NOI $39,687 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
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

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
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