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137 W Lancaster Ave, Downingtown, PA, 19335

2beds
2baths
3,000sqft
$424,900
$142price/sqft
$3,002/moest. monthly cost
$120,080/yrincome needed

About This Home

137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
Beaver Creek El SchoolGrades K-50.6 mi
10/10
Downington Middle SchoolGrades 7-80.9 mi
8/10
Downingtown High School West CampusGrades 9-120.7 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1950

Materials

  • Foundation: Block,Other
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Dirt Floor

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits,Accessible Entrance

Details

  • Parcel number: 1107 0314
  • Zoning: R60 MIX
  • Special condition: Standard
  • Exclusions: Tenants Personal Property

Features

  • Pool features: None
  • Exterior features: Awning(s)
  • Has view: Yes
  • View description: Street
  • Frontage type: Road Frontage

Lot

  • Lot size: 5,600 sqft
  • Features: Rear Yard,Downtown
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 8
  • Parking features: Private,Secured,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8