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8 Paul Nelms DriveDowningtown, PA 19335Price: $1,810,000

  • Price: $1,810,000
  • 24 Days on Market
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8 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 193358 Paul Nelms Drive Downingtown PA 19335
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  • 1.17Acreage
  • 1900Year Built
  • Caln TwpMLS Area Major
  • 211Price Per Square Foot
Tthirteen 1-bedroom units in Downingtown, all leased to private-pay tenants. Located on Paul Nelms Drive, the property includes an additional land lot offering potential for future development, subject to applicable approvals. The 100% private-pay tenant base provides exposure to market rents without income-restriction requirements. With 13 units, the property offers operational scale and diversified rental income in a Downingtown market characterized by limited housing availability. This property is being offered individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.
Listed by Beau McGettigan of Real of Pennsylvania

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Location Information

  • UsmAreaDowningtown - Caln Twp

Parking

  • Parking TypesOff Site, Parking Lot

Basic Information

  • Date Listed09/11/2026

Location

  • Address8 Paul Nelms Drive
  • Building Number8
  • CountyChester
  • Cross StreetDEER DR
  • DirectionsGPS
  • IncorporatedcitynameCaln Twp
  • StatePA
  • SubdivisionNone Available
  • TownDowningtown
  • Zip19335

Utilities

  • CoolingNone
  • Cooling FuelElectric
  • Heat SystemBaseboard - Electric, Other
  • Heating FuelOther
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterOther
  • Water SourcePublic

Basic Information

  • Broker NameReal of Pennsylvania
  • List Price$1,810,000
  • MLS Area MajorCaln Twp
  • MLS NumberPACT2134968
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot211
  • StatusACT
  • Units13

Building

  • Building Area SourceAssessor
  • Building Area Total8595
  • Construction MaterialsOther
  • Story ListMain
  • Total Garage And Parking Spaces20
  • Year Built1900

Legal

  • LandusecodeR40
  • PossessionSettlement
  • Sale TypeStandard
  • Total Actual Rent160113

Other

  • Cap Rate6
  • Gross Income160113
  • Gross Scheduled Income168540
  • Operating Expense40421
  • Vacancy Allowance Rate5
  • View Count2

Tax Information

  • Assessment Year2026
  • City Town Tax$1,634
  • City Town Tax Payment FrequencyAnnually
  • County Tax$1,234
  • County Tax Payment FrequencyAnnually
  • School Tax$10,974
  • Tax Assessment Amount$239,010
  • Tax Lot39
  • Tax Year2026
  • Taxes$13,843
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage1.17
  • Business TypeApartment Building
  • Lot Size Dimensions0 X 0
  • Lot Size SourceAssessor
  • Lot Size Square Feet51,139
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningCOMM

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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