Property
Downingtown, PA 19335 137 W Lancaster Avenue
$429,900
16 more
Presented By: Springer Realty Group
Beds • 2
Home Details
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!
Presented By: Springer Realty Group
Interior Features for 137 W Lancaster Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementDirt Floor
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 137 W Lancaster Avenue
Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits, Level Entry - Main
Architectural StyleTraditional
Association Recreation FeeN
Cap Rate6.80
CityDOWNINGTOWN
Construction MaterialsFrame, Stucco
Cool FuelElectric
CoolingWindow Unit(s)
CountyCHESTER
Days on Market812
Directionsa few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.
DisclosuresNone
Electric200+ Amp Service
Exclusionstenants personal property
Exterior FeaturesAwning(s)
Garage Y/NNo
HeatingHot Water
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeOwner Occupied
Location TypeDowntown
Lot Size Square Feet5600.00
Lot Size UnitsSquare Feet
MLS AreaDowningtown Boro (10311)
ModificationTimestamp2024-08-14T08:01:09
MunicipalityDOWNINGTOWN BORO
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
NumberOfUnitsVacant
One Bedroom Units Count0
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
Percent OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG143.3
Property ConditionExcellent
Property SubTypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictDOWNINGTOWN AREA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount3485.0
Tax Assessed Value85500.0
Tax Lot0314
Tax Year2023
Total SQFT3000
TransportationCommuter Rail Station less than 1 mile, Bus Stop less than 1 mile
Two Bedroom1
UtilitiesNatural Gas Available, Electric Available
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningR60 MIX
Exterior for 137 W Lancaster Avenue
Foundation DetailsBlock, Other
Land Assessed Value34300.00
Land Use CodeR60
Lot Dimensions0.00 x 0.00
Lot FeaturesRear Yard, Road Frontage
Lot Size Acres0.13
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPrivate, Secure Parking
PoolNo Pool
SpaNo
Total Parking Spaces8
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Derrick Sims
Associate