583 E Chestnut Street Coatesville, PA $ 525,000
583 E Chestnut Street
$ 525,000
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583 E Chestnut Street

Coatesville, PA, 19320
$ 525,000
Bedrooms-- Baths-- Sq 3,300

Monthly Estimate*

$ 3,315

583 E Chestnut Street, Coatesville, PA 19320 - Image 1
583 E Chestnut Street, Coatesville, PA 19320 - Image 2
583 E Chestnut Street, Coatesville, PA 19320 - Image 3
583 E Chestnut Street, Coatesville, PA 19320 - Image 4

Commercial Property for sale in Coatesville, PA

for $525,000. This 3,300 square foot building was built in 1900 on a lot size of 3.

Well-maintained 3-unit multifamily investment property in Coatesville, offering 100% government-backed tenancy. The brick and stone building consists of two (2) 1-bedroom, 1-bathroom apartments and one (1) 2-bedroom, 1-bathroom apartment, and generates approximately $3,730 per month in gross rental income ($44,760 annually). All three units are leased to Housing Authority of Chester County (HACC) tenants, with rent paid directly to ownership each month, providing strong income stability and reduced collection risk. The property has a history of low operating expenses and minimal maintenance. It is minutes from the Coatesville VA Medical Center, the Coatesville Amtrak Station and major employment centers, and benefits from strong workforce housing demand and convenient regional transportation access. The property is a short walk from 553 E Chestnut St, an 8-unit building also being offered, creating an opportunity to acquire both. 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.

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Commercial Active

Price

$ 525,000

Property Type

Commercial

Taxes

$ 2,529

Style

Apartment Building

Lot Size

3

Year Built

1900

Town/City

Coatesville

County/Region

Chester

MLS | Web ID

PACT2136924

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning RN4
Construction Materials Other
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality COATESVILLE CITY
Gross Income 42522.00
Business Type Apartment Building
Accessibility None
County CHESTER
Net Operating Income 33233.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City COATESVILLE
MLS Area Coatesville City (10316)
Lot Size Units Square Feet
Lot Size Square Feet 130680.00
Tax Annual Amount 2529.0
Price Per Sq Ft Total AG 159.09
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 0079
Total Actual Rent 44760.00
Cap Rate 6.33
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 3300.00
Lot Size Acres 3.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 10270.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 583
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* Excluded Features
List By
Real Of Pennsylvania

Broker

beau@suburbanwest.com

Email

Affordability Calculator

$3,526
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$525,000 Listed Price

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583 E Chestnut Street, Coatesville, PA, 19320 is a Commercial Property for sale at $525,000 with 3,300 sqft and a lot size of 3. 583 E Chestnut Street was built in 1900. The property's zip code is 19320 which is in Coatesville, PA