Malvern, PA 19355,156 W KING ST
Malvern, PA 19355,156 W KING ST
Malvern, PA 19355,156 W KING ST
20
$3,100,000
$3,300,000
6.1%
Est.Price: ?

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11,572 SqFt

156 W KING ST Malvern, PA 19355

Est. payment /mo
SOLD DATE : 12/30/2022

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Key Details

Sold Price $3,100,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 11,572 sqft

Price per Sqft $267

MLS Listing ID PACT2019892

Sold Date 12/30/22

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $14,529

Tax Year 2022

Property Description

Introducing 156 W. King Street in Malvern Boro! Rarely does an investment opportunity come along to purchase an 8 unit apartment building, approximately 11, 572 sq ft in the heart of Malvern Boro. These 8 NEW CONSTRUCTION (Built in 2019) luxurious and trendy boutique 2 bedroom/2 bathroom apartments offer all the amenities you could ask for! Each apartment is slightly unique and highly stylized. Additionally there is covered parking in back with electric car charging station, an elevator, separate and private entrances, plus 8 large storage lockers in basement for tenants. 2 block walk to the Malvern train station R5 line. These 8 apartments are in the heart of the downtown Malvern. Grocery shopping, clothes shopping and dining are just steps away, no need for a car. Check out Alba, Anthony's, The Flying Pig, Christopher's and Brick & Brew restaurant. NEW amenities inclusive of 9' ceilings, extra sound proofing insulation, recessed lighting, custom designed bedroom closets, window treatments, as well as, a washer and dryer in each unit. Custom craftsman style cabinets in the kitchen with plenty of top and bottom cabinetry and storage space, Granite counter tops, all Stainless steel appliances (refrigerator with ice maker and built-in water dispenser, microwave, 4 burner gas stove and oven, dishwasher and under-mount sink with garbage disposal. The light in-fused open floor plan is spacious yet cozy. All utilities separated, gas heat and central air. ALL UNITS ARE FULLY OCCUPIED and FULLY LEASED! $220,260 in Yearly Income!

Location

State PA

County Chester

Area Malvern Boro (10302)

Zoning R40 APT

Interior

Hot Water Natural Gas

Heating Forced Air, Programmable Thermostat

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 16.0

Water Access N

Roof Type Asphalt,Shingle

Accessibility Elevator, Ramp - Main Level

Total Parking Spaces 16

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Great Valley

Others

Tax ID 02-03-0029

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Susan R Cosgrove • Long & Foster Real Estate, Inc.
Bought with Debra J Clamer • RE/MAX Professional Realty

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Azieza Kazlak

REALTOR® | License ID: 1751218

+1(201) 705-0103

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