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16 Reservoir Road

WEST CHESTER, PA 19380
  • $975,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: PACT2034524
UPDATED: 70 min ago
$975,000
  • 0
    BEDS
  • 1.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1948
County:

School Ratings & Info

School District:

Description

Group Home available for sale or lease. Represents an 8.7% cap rate at $7,475 monthly rental rate. Current Tenant is vacating . Approved group home includes fire-suppression sprinkler system w/ 92 sprinkler heads. Building is handicap accessible. Suitable for up to 16-20 beds in eight bedrooms with six full bathrooms plus a three room on-site suite for offices or staff. Shared eat-in kitchen, dining room, laundry room, storage rooms and garage. The property was a house plus four apartments but with Township approved architectural plans and improvements was converted to permit the present group home use in 2015. Building has an automictic back up propane generator and emergency lighting , alarm system and hard-wired smoke, CO and fire detectors. Leased for the last 7 years but will be vacated by 11/1/2022. There is also a detached workshop with heat and electricity. There is a parking area in the rear, a circular driveway plus a driveway that surrounds the entire building. New hi-efficiency LP Gas heater installed in 2015. Pictures are from 2015 and in some cases before improvements. New Main Roof in 2019.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-09T19:52:17.457.
www.execuhome.com/homes/133811311
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16 Reservoir Road WEST CHESTER, PA 19380

  • Price: $975,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 70 min ago
  • ID#: PACT2034524
0
Beds
0
Baths
0
½ Baths
1.41
Acres
1948
Built
Neighborhood:
East Goshen Twp (10353)
County:
Chester
Area:
East Goshen Twp (10353)
School District:
West Chester Area
Property Description
Group Home available for sale or lease. Represents an 8.7% cap rate at $7,475 monthly rental rate. Current Tenant is vacating . Approved group home includes fire-suppression sprinkler system w/ 92 sprinkler heads. Building is handicap accessible. Suitable for up to 16-20 beds in eight bedrooms with six full bathrooms plus a three room on-site suite for offices or staff. Shared eat-in kitchen, dining room, laundry room, storage rooms and garage. The property was a house plus four apartments but with Township approved architectural plans and improvements was converted to permit the present group home use in 2015. Building has an automictic back up propane generator and emergency lighting , alarm system and hard-wired smoke, CO and fire detectors. Leased for the last 7 years but will be vacated by 11/1/2022. There is also a detached workshop with heat and electricity. There is a parking area in the rear, a circular driveway plus a driveway that surrounds the entire building. New hi-efficiency LP Gas heater installed in 2015. Pictures are from 2015 and in some cases before improvements. New Main Roof in 2019.
Exterior Features

Construction Materials Vinyl SidingAluminum Siding Door Features StormSix Panel Garage YN No Location Type Suburban Lot Features LevelLandscapingRear YardSideyard(S)Front YardCleared Parking Types DrivewayPrivate GarageOther Riparian Rights YN No Road Responsibility Boro/Township Road Surface Type Black Top Roof Architectural Shingle View Scenic VistaPondCreek/Stream Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 5500.00 Cooling Window Unit(S) Flooring HardwoodCarpetCeramic TileLaminate PlankLuxury Vinyl Plank Heating Hot WaterZonedBaseboard - Electric Heating YN Yes Net Square Feet 5500.00

Property Features

Acceptable Financing CashConventionalLease PurchasePrivateSeller Financing Accessibility Features 36"+ Wide HallsRamp - Main LevelGrab Bars ModOther Bath Mod Assessment Year 2022 Business Type Hotel/MotelDay Care FacilityOther Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Block Heating Fuel Propane - LeasedElectric Hot Water 60+ Gallon TankElectric Municipality East Goshen Twp Navigable Water YN N New Construction YN No Original MLSNumber 801939839480 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 6139.00 Tax Assessment Amount 220340.00 Utilities Under GroundElectric AvailableCable TvMultiple Phone LinesPropaneSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2015 Zoning Residential

Listing courtesy of Tesla Realty Group, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-09T19:52:17.457.
 
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