Listed By:
RE/MAX Main Line-West Chester
Address
217 W Lancaster Avenue, Downingtown, PA
Price
$ 1,100,000
Property Attributes
  • MLS#PACT2043872
  • TypeMulti-Family
  • CountyCHESTER
  • CityDowningtown
  • AreaDowningtown Boro
  • NeighborhoodDowningtown Boro
  • Zip19335
  • Style
  • Year Built1905
  • Taxes$ 5211
  • Price$ 1,100,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description

Welcome to 217 W. Lancaster Avenue, a completely renovated quadruplex in sought after Downingtown. The units are as follows, 1st floor - Unit 1A - 1 bd, 1 ba, additional 1st floor - Unit 1B - 2 bd, 1 ba, 2nd floor - Unit 2 - 2 bd, 1.5 baths, and lastly the 3rd floor - Unit 3 - 3 bd, 2 ba. All units are leased, with the opportunity to also rent the basement for storage. Shed is currently rented out for storage. Everything is new here with new plumbing, electric and windows throughout the entire building! Unit 2 and Unit 3 renovations were completed in Jan 2019. Unit 1A and Unit 1B renovations were completed in August 2019. Conveniently located right in the boro close to great local shopping, dining and the Regional Rail Train Station with easy access to and from Center City! Do not miss out on this incredible, income producing investment opportunity!

Elementary School Middle School High School
Beaver Creek Elementary School Downingtown Middle School Downingtown High School West Campus
Price History
4/26/2023 Listed $1,195,000
3/21/2024 8% - $1,100,000

General Features

Interior Features Entry Level Bedroom,Kitchen - Eat-In,Recessed Lighting,Stall Shower,Tub Shower,Upgraded Countertops,Chair Railings,Wainscotting
Sewer Public Sewer
Heating Baseboard - Electric,Forced Air
Cooling Central A/C
Utilities Electric Available,Cable TV Available,Water Available,Sewer Available
Possession Negotiable
Roof Flat
Appliances Built-In Microwave,Dishwasher,Oven/Range - Gas,Stainless Steel Appliances,Water Heater,Refrigerator,Washer,Dryer,Oven/Range - Electric
Exterior Features Exterior Lighting,Sidewalks,Street Lights
Zoning R4
Patio/Porch Features Patio(s),Porch(es)
Architectural Style Other
Security Features Carbon Monoxide Detector(s),Security System,Smoke Detector
Construction Materials Brick
Exclusions Tenants possessions.
Year Built 1905
Electric Circuit Breakers
View Garden/Lawn
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County CHESTER
New Construction No
Property Type Multi-Family
Subdivision Name DOWNINGTOWN BORO
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Business 30 between Stuart Ave & Hunt Ave.
ModificationTimestamp 2024-05-09T13:09:42
City DOWNINGTOWN
Buyer Agent Compensation 2
Total Units 4
MLS Area Downingtown Boro (10311)
Lot Size Square Feet 3176.00
Tax Assessed Value 127840.0
Waterfront Y/N No
Number of Units Leased 4
Street Name LANCASTER
Tax Annual Amount 5211.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Single Room Units Count 1
One Bedroom Units Count 1
Other Units Unit 1,Unit 2,Unit 4,Unit 3
Price Per Sq Ft 282.05
Acceptable Financing Cash,Conventional,FHA,VA
Vacation Rental Y/N No
Virtual Tour https://vimeo.com/647506759
Total SQFT 3900
Days on Market 378
Location Type Downtown
Lease Type Month to Month,Yearly,Long Term
Standard Status Active
Year Built Source Assessor
Tax Lot 0411
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Natural Gas
Basement Full,Unfinished,Sump Pump
Flooring Luxury Vinyl Plank
Hot Water Electric,Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Replacement
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor
Three Bedroom Units Count 1

Exterior Features

Pool Y/N No Pool
Lot Features Level
Water Source Public
Type of Parking On Street
Land Use Code R40
Foundation Details Stone
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.07
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 36960.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19335

Price
AVG $590K
$1.1M
Taxes
AVG $5,330
$5,211
Visits
AVG 973
1107
Data Provided by Inside Real Estate®
Year Built
AVG 1898
1905
Walkscore
AVG 51
71
Data Provided by Walkscore® not using MLS data

Areas We Cover