Price Reduction
Address
567 S 1St Avenue, Coatesville, PA
Price
$ 480,000
Property Attributes
- MLS#PACT2061110
- TypePending
- CountyCHESTER
- CityCoatesville
- AreaSouth Coatesville Boro
- Zip19320
- StyleColonial
- Year Built1946
- Taxes$ 7596
- Price$ 480,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,098 SqFt
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 3/1/2024 | Listed $519,000 |
| 4/18/2024 | 5% - $495,000 |
| 5/7/2024 | 4% - $480,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | None |
| Possession | Negotiable |
| Exterior Features | Street Lights,Sidewalks |
| Zoning | MIXED USE |
| Pool Y/N | No Pool |
| Architectural Style | Colonial |
| Construction Materials | Stucco |
| Exclusions | All tenant belongings |
| Year Built | 1946 |
| Electric | 200+ Amp Service |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | CHESTER |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | From Rt 30,head south on 82. 82 turns into First Ave. Property is on the left. |
| ModificationTimestamp | 2024-05-06T19:17:34 |
| City | COATESVILLE |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclosure |
| Total Units | 4 |
| MLS Area | South Coatesville Boro (10309) |
| Lot Size Square Feet | 6085.00 |
| Tax Assessed Value | 139740.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | 1ST |
| Tax Annual Amount | 7596.35 |
| Property Condition | Excellent |
| Two Bedroom | 2 |
| Structure Type | Over Storefront |
| One Bedroom Units Count | 2 |
| NumberOfUnitsVacant | 1 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 3 |
| Price Per Sq Ft | 98.77 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 4860 |
| Days on Market | 67 |
| Lease Type | Yearly |
| Standard Status | Pending |
| Year Built Source | Estimated |
| Tax Lot | 0072 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
Exterior Features
| Parking Features | Paved Parking,Shared Driveway |
|---|---|
| Water Source | Public |
| Inclusions | All appliances |
| Type of Parking | On Street |
| Land Use Code | R61 |
| Water View Y/N | No |
| Lot Size Acres | 0.14 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 16940.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19320
Price
Taxes
Visits
Year Built
© BRIGHT, All Rights Reserved
