137 W Lancaster Ave, Downingtown, PA 19335

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List Price
$424,900
Status
ACTIVE
Days on Market
1459
Price Change
▼ $5,000 1762909129
MLS#
PACT2028520
Subtype
Multi-Family
Style
Traditional
Year Built
1950
Living Area
3,000
Lot Size
5,600
Acres
0.13
MLS Area Major
Downingtown Boro (10311)

Property Description

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!

Additional Information

Exterior Features
Awning(s)
Taxes
$3,485
Property Description
Traditional
Zoning
R60 MIX
Heating
Hot Water
Air Conditioning
Window/Wall
Foundation
Block, Other
Parking Features
Private, Secured
School District
Downingtown Area
View
Street

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Listing courtesy of Springer Realty Group. Contact: