$480,000
$480,000
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567 S 1ST AVE Coatesville, PA 19320
4,860 SqFt
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,860 sqft
Price per Sqft $98
MLS Listing ID PACT2061110
Style Colonial
Year Built 1946
Annual Tax Amount $7,596
Tax Year 2023
Lot Size 6,085 Sqft
Property Description
Great opportunity for an investor or an entrepreneur looking for commercial space, with bonus rental income. This property has 5 units, one commercial space and four apartments.
Apartment 1 is rented out for $1200/month on a month to month lease.
Apartment 2 is rented out for $1100/month, on a yearly lease ending in 10/2024.
Apartment 3 is rented out for $1300/month on a yearly lease ending in 05/2024.
Apartment 4 is rented out for $1050/month on a month to month lease.
The commercial space was formerly a barbershop, but will be delivered vacant. Projected rental income is $1500/month.
Projected income is $6100/month or $73,200/year.
Location
State PA
County Chester
Area South Coatesville Boro (10309)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Coatesville Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Priscilla R Gibson • Coldwell Banker Realty