553 E Chestnut St, Coatesville, PA 19320

Property Description

Eight-unit multifamily investment property located in Coatesville, PA. The property consists of eight (8) one-bedroom, one-bathroom apartments and currently generates approximately $9,550 per month in gross rental income ($114,600 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the eight units benefiting from government-backed rental assistance. The combination of subsidized and market-rate tenancy provides stable occupancy while maintaining exposure to rental growth opportunities. Conveniently located near the Coatesville VA Medical Center, downtown Coatesville, public transportation, and major commuter routes, the property benefits from strong workforce housing demand and access to regional employment centers. This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.