Property
Downingtown, PA 19335 137 W Lancaster Avenue
$429,900
17 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
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)
FULLFee Simple
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
NumberOfUnitsVacant0
One Bedroom Units Count0
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
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
Fabiane Farias
Associate