137 W Lancaster Avenue Downingtown, PA $ 429,900
137 W Lancaster Avenue
$ 429,900
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137 W Lancaster Avenue

Downingtown, PA, 19335
$ 429,900
Bedrooms2 Baths0.0

Monthly Estimate*

$ 2,857

137 W Lancaster Avenue, Downingtown, PA 19335 - Image 1
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137 W Lancaster Avenue, Downingtown, PA 19335 - Image 4
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137 W Lancaster Avenue, Downingtown, PA 19335 - Image 21
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Multi-Family Home for sale in Downingtown, PA

for $429,900 with 2 bedrooms. This home was built in 1950 on a lot size of 0.13.

137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. 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!

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Multi-Family Active

Price

$ 429,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 3,485

Style

Traditional

Lot Size

0.13

Year Built

1950

Town/City

Downingtown

County/Region

Chester

MLS | Web ID

PACT2028520

Features
Interior
Heating Fuel Natural Gas
Basement Dirt Floor
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
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
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
Municipality DOWNINGTOWN BORO
Accessibility 2+ Access Exits Level Entry - Main
County CHESTER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
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.
City DOWNINGTOWN
Buyer Agent Compensation 2.5
Disclosures None
NumberOfUnitsTotal 2
MLS Area Downingtown Boro (10311)
Lot Size Units Square Feet
Lot Size Square Feet 5600.00
Waterfront Y/N N
Number of Units Leased 2
Tax Annual Amount 3485.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 143.3
Acceptable Financing Cash Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 706
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 N
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Exterior
Pool No Pool
Parking Features Private Secure Parking
Lot Features Rear Yard Road Frontage
Water Source Public
Type of Parking Driveway
Foundation Details Block Other
Spa N
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.13
Lot Size Source Assessor
Land Assessed Value 34300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 137
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* Excluded Features
List By
Springer Realty Group

Broker

pete@petegustis.com

Email

Affordability Calculator

$3,148
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,857
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536137 Elementary School
3536327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$429,900 -2.07% Price Down
4/12/2024$439,000 -2.23% Price Down
7/7/2022$449,000 Listed Price

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137 W Lancaster Avenue, Downingtown, PA, 19335 is a Multi-Family Home for sale at $429,900 with a lot size of 0.13. 137 W Lancaster Avenue has 2 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 19335 which is in Downingtown, PA