Property Attributes
- MLS#PACT2028520
- TypeMulti-Family
- CountyCHESTER
- CityDowningtown
- AreaDowningtown Boro
- Zip19335
- StyleTraditional
- Year Built1950
- Taxes$ 3485
- Price$ 429,900
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,663 SqFt
Data Source:
Bright MLS
Property Description
137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 1 bathroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
Price History | |
---|---|
7/7/2022 | Listed $449,000 |
4/12/2024 | 3% - $439,000 |
4/23/2024 | 3% - $429,900 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Hot Water |
Cooling | Window Unit(s) |
Utilities | Natural Gas Available,Electric Available |
Possession | 0-30 Days CD |
Exterior Features | Awning(s) |
Zoning | R60 MIX |
Pool Y/N | No Pool |
Architectural Style | Traditional |
Construction Materials | Frame,Stucco |
Exclusions | tenants personal property |
Year Built | 1950 |
Electric | 200+ Amp Service |
View | Street |
Property SubType | Duplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | 2+ Access Exits,Level Entry - Main |
County | CHESTER |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Transportation | Commuter Rail Station less than 1 mile,Bus Stop less than 1 mile |
Status | ACTIVE |
Directions | a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave. |
ModificationTimestamp | 2024-04-23T10:51:02 |
City | DOWNINGTOWN |
Buyer Agent Compensation | 2.5 |
Disclosures | None |
Total Units | 2 |
MLS Area | Downingtown Boro (10311) |
Lot Size Square Feet | 5600.00 |
Tax Assessed Value | 85500.0 |
Waterfront Y/N | No |
Number of Units Leased | 2 |
Street Name | LANCASTER |
Tax Annual Amount | 3485.0 |
Home Warranty Y/N | No |
Property Condition | Excellent |
Two Bedroom | 1 |
Structure Type | Twin/Semi-Detached |
Single Room Units Count | 1 |
Other Units | Unit 1,Unit 2 |
Price Per Sq Ft | 143.3 |
Acceptable Financing | Cash,Conventional |
Historic Y/N | No |
Rent Control Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 3000 |
Days on Market | 664 |
Location Type | Downtown |
Lease Type | Owner Occupied |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 0314 |
Cap Rate | 6.80 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Dirt Floor |
Hot Water | Natural Gas |
Furnished Units | None |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Central Air Y/N | No |
LivingAreaSource | Estimated |
Exterior Features
Parking Features | Private,Secure Parking |
---|---|
Lot Features | Rear Yard,Road Frontage |
Water Source | Public |
Total Parking Spaces | 8 |
Type of Parking | Driveway |
Land Use Code | R60 |
Foundation Details | Block,Other |
Spa | No |
Water View Y/N | No |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.13 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 34300.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool