567 S 1st Avenue, Coatesville, PA 19320

$480,000
4,860
SqFt

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Sold Price
$480,000
List Price
$480,000
Closing Date
Jun 28, 2024
Days on Market
67
Status
CLOSED
MLS#
PACT2061110
Living Area
4,860
Lot Size (Acres)
0.14
Style
Colonial
Year Built
1946
County
Chester
School District
Coatesville Area

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.

Additional Information

Area
South Coatesville Boro (10309)
Taxes
$7596.35
School District
Coatesville Area
Exterior Features
Street Lights, Sidewalks
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact:

Selling Office: .