MLS® ID: 1000428878
137 WALLACE AVE
Downingtown, Pennsylvania, 19335 $799,000
Great investment opportunity,Developing area, A site for a Martial Art studio (Taekwondo school), an Art (drawing) lessons studio, an Auto body/repair shop and a Landscaping services shop. It brings in about $6,000 per month in rents currently - roughly $4,600 in net operating income after property taxes and owner's insurance policy. One or two rental units of 1,600 SF total is available for lease for roughly $1,000/month. Including this, potential annual gross rental income is over $80,000.