Current Use by Public Records
- Commercial real estate
Property Details for 2040 Creek Rd
- Year built
- 1900
- Lot size
- 0.26 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glenmoore
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.7747
- Latitude
- 40.0906
