567 S 1st Avenue Coatesville, PA 19320
Listing Courtesy of: BRIGHT IDX / Lancaster / Priscilla Gibson

  567 S 1st Avenue Coatesville, PA 19320

Pending (67 Days)
$480,000

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.

MLS #:
PACT2061110
Taxes
$7,596(2023)
Lot Size
6,085 SQFT
Type
Multifamily
Year Built
1946
Style
Colonial
School District
Coatesville Area
County
Chester County

Listed By

Priscilla Gibson, Lancaster
Source
BRIGHT IDX
Last checked May 15 2024 at 3:11 AM EDT
Bathroom Details
Property Features
  • Below Grade
  • Above Grade
Heating and Cooling
  • Baseboard - Electric
  • None
Exterior Features
  • Stucco
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Parking
  • Paved Parking
  • Shared Driveway
Living Area
  • 4,860 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 06, 2024
Price Changed
$480,000
-3%
-15,000
Apr 18, 2024
Price Changed
$495,000
-5%
-24,000
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/14/24 20:11