137 W Lancaster Avenue
Downingtown, PA 19335
- – beds
- – baths
- 3,000 sqft
- 5,600 sqft lot
- $143 per sqft
- 1950 build
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!
Listing courtesy of BRIGHT / Springer Realty Group
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# PACT2028520 —
The Building
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Year Built:1950
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Frame, Stucco
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Structure Type:Twin/Semi-Detached
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Architectural Style:Traditional
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Historic:No
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Building Units Total:2
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Accessibility Features:2+ Access Exits, Level Entry - Main
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Foundation Details:Block, Other
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Basement:Yes
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Basement Type:Dirt Floor
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2831
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3000
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Living Area SqFt:3,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
Location
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Directions:a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.
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Latitude:40.00289086
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Longitude:-75.70992934
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Location Type:Downtown
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.13
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot Features:Rear Yard, Road Frontage
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Lot SqFt:5,600 Sqft
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Exclusions:tenants personal property
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Zoning:R60 MIX
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View:Street
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R60
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 209-9219
- Office phone:
- (484) 498-4000
Taxes
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Tax ID Number:11-07 -0314
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Tax Year:2023
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Tax Lot:0314
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Tax Annual Amount:$3,485
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Tax Assessed Value:$85,500
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Year Assessed:2023
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School Tax:2442.0
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County Tax:389.00
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City/Town Tax:654.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Utilities:Natural Gas Available, Electric Available
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Cable
Schools
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School District Name:Downingtown Area
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School District Source:Listing Agent
The Community
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Exterior Features:Awning(s)
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Transportation:Commuter Rail Station less than 1 mile, Bus Stop less than 1 mile
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Cap Rate:6.80
Parking
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Total Garage and Parking Spaces:8
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Garage:No
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Type of Parking:Driveway
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Parking Features:Private, Secure Parking
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Driveway - # of Spaces:8
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/23/24
Apr 23, 2024
|
Price Changed | BRIGHT | $429,900 | -2.1% |
4/12/24
Apr 12, 2024
|
Price Changed | BRIGHT | $439,000 | -2.2% (-1.3% / YR) |
7/7/22
Jul 7, 2022
|
Listed / Active | BRIGHT | $449,000 |