$297,500
$325,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
3,652 SqFt
SOLD DATE : 05/15/2017
Key Details
Sold Price $297,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,652 sqft
Price per Sqft $81
Subdivision None Available
MLS Listing ID 1003578949
Sold Date 05/15/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,652
Originating Board TREND
Year Built 1910
Annual Tax Amount $6,964
Tax Year 2017
Lot Size 3,652 Sqft
Acres 0.08
Lot Dimensions 0X0
Property Description
Nice cash-flowing 8 unit apartment with 17% cap rate. Property consists of two buildings: a 5 unit in the front and a 3 unit in the back. Newer electric service throughout both buildings along with updated plumbing. Tenants pay own heat(electric baseboard), electric, and hot water. Most tenants long term and all month-to-month leases. Proposed revitalization project on the Lukens property a block to the East. Located in quiet West End but walking distance to shops and public transportation and newly approved train station. Solid investment property with 17% cap. One owner is a PA licensed real estate broker.
Location
State PA
County Chester
Area Coatesville City (10316)
Zoning RN4
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Hot Water Electric
Heating Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry None
Exterior
Waterfront N
Water Access N
Accessibility Mobility Improvements
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Coatesville Area Senior
School District Coatesville Area
Others
Tax ID 16-04 -0075
Ownership Fee Simple
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Bought with Mark R Geraghty • BHHS Fox & Roach-Wayne
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