Bought with Marcel M Sleiman • United Real Estate
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576 S 1ST AVE Coatesville, PA 19320
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Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,940 sqft
Price per Sqft $45
MLS Listing ID PACT531784
Sold Date 05/05/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Available Date 2021-03-25
Annual Tax Amount $3,474
Tax Year 2020
Lot Size 8,393 Sqft
Acres 0.19
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Property Description
7 UNIT Investment Property. 6 residential apartments, fully rented with long term tenants and good market rents. Tenants pay elec, heat & hot water. All apartments have been renovated with new kitchens and bathrooms. The building has a new roof in 2020 & all windows have been replaced in 2015. All units have natural gas furnaces and electrical panels in units. Building also has commercial space available on 1st floor. Unit rents as follows: 3 bed $925, 3 bed $960, 3 bed $960, 2 bed $845, 2 bed $696, 1 bed $850. Gross rents $62k, Net Income $45k. Income and expense sheets available.
Location
State PA
County Chester
Area South Coatesville Boro (10309)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 09-02 -0011
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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