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Downingtown, PA 19335

138 Lancaster Avenue, Downingtown, PA 19335
Downingtown, PA 19335
$569,000
8 Units
0.120000 Acres
138 Lancaster Avenue, Downingtown, PA 19335 Photo 1138 Lancaster Avenue, Downingtown, PA 19335 Photo 2138 Lancaster Avenue, Downingtown, PA 19335 Photo 3

Property Details

RARE FIND! 8-unit renovated apartment building in Downingtown, next to the train station! Great location for tenants as the train is nearby as well as much of Downingtown's commercial district. Buidling is solid brick. Newer roof, gutters, and windows. Most units renovated. Building just underwent extensive renovation, including, new capping of exposed wood, front siding and soffitt capped, lighting upgraded, and most electric boxes replaced for units. Newer hot water heaters. Trees just trimmed back all around building. Gutters and downspouts updated and serviced. New carpet and paint in some units, separate electric heat done for 4 of 8 units so tenants will pay heat. Most tenants on month to month leases to allow newer owner to separate heat. Great time to buy. Take advantage of low interest rates. Bring offers. Building is known as 136-138 W. Lancaster Ave. as well as 140 W. Lancaster Ave.
  • Property Type Multi-Family
  • Building Floors 3.00
  • Design AptBldg
  • Gross Square Feet 7105
  • Land Square Feet 5372
  • Total Units 8
  • Property Age 111
  • County CHESTER
  • Subdivision NONE AVAILABLE

Community & Schools

  • School District Downingtown

Interior Features

  • Basement Y
  • Basement Type Full,Unfinished
  • Three Bedroom Unit Count 2
  • Two Bedroom Unit Count 3
  • Baths Full Unit 1 1
  • Beds Unit 1 1
  • Baths Full Unit 2 1
  • Beds Unit 2 1
  • Baths Full Unit 3 1
  • Beds Unit 3 2
  • Beds Unit 4 3
  • Baths Full Unit 4 1
  • Baths Full Unit 5 1
  • Beds Unit 5 2
  • Baths Full Unit 6 1
  • Beds Unit 6 1
  • Baths Full Unit 7 1
  • Beds Unit 7 2
  • Baths Full Unit8 1
  • Beds Unit 8 4

Exterior Features

  • Water Front N
  • Exterior Brick
  • Has Garage Flag N
  • Garage Spaces NoGarage
  • Parking ParkingLot

Appliances & Utilites

  • Central Air N

Financial Details

  • Unit 1 Monthly Rent 650.00
  • Unit 2 Monthly Rent 625.00
  • Unit 3 Monthly Rent 750.00
  • Unit 4 Monthly Rent 1150.00
  • Unit 5 Monthly Rent 800.00
  • Unit 6 Monthly Rent 675.00
  • Unit 7 Monthly Rent 850.00
  • Unit 8 Monthly Rent 900.00
  • Annual Insurance Expense 3000.00
  • Annual Other Expense 1800.00
  • Annual Water Sewer Expense 1200.00
  • Tax Year 2011
  • Total Assessment 185880.00
  • Total Taxes 6951.00

Miscellaneous Details

  • New Construction N
  • Type SingleBldg

Map & Directions

Map for Downingtown, PA 1933540.002784-75.7097514
Map locations are not exact and are meant to be an estimated reference only.
Listing information for 138 Lancaster Avenue, Downingtown, PA 19335 was graciously provided by our friends at the listing brokerage, Keystone Property Connections, LLC

In addition to this Multi-Family real estate property, we have hundreds of addtional Downingtown real estate listings and homes for sale and Chester County real estate listings and homes for sale.

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