217 W Lancaster Avenue Downingtown, PA $ 1,100,000
217 W Lancaster Avenue
$ 1,100,000
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217 W Lancaster Avenue

Downingtown, PA, 19335
$ 1,100,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 7,311

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Multi-Family Home for sale in Downingtown, PA

for $1,100,000 with 8 bedrooms. This home was built in 1905 on a lot size of 0.07.

Welcome to 217 W. Lancaster Avenue, a completely renovated quadruplex in sought after Downingtown. The units are as follows, 1st floor - Unit 1A - 1 bd, 1 ba, additional 1st floor - Unit 1B - 2 bd, 1 ba, 2nd floor - Unit 2 - 2 bd, 1.5 baths, and lastly the 3rd floor - Unit 3 - 3 bd, 2 ba. All units are leased, with the opportunity to also rent the basement for storage. Shed is currently rented out for storage. Everything is new here with new plumbing, electric and windows throughout the entire building! Unit 2 and Unit 3 renovations were completed in Jan 2019. Unit 1A and Unit 1B renovations were completed in August 2019. Conveniently located right in the boro close to great local shopping, dining and the Regional Rail Train Station with easy access to and from Center City! Do not miss out on this incredible, income producing investment opportunity!

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 5,338

Style

Lot Size

0.07

Year Built

1905

Town/City

Downingtown

County/Region

Chester

MLS | Web ID

PACT2043872

Features
General
Interior Features Entry Level Bedroom Kitchen - Eat-In Recessed Lighting Stall Shower Tub Shower Upgraded Countertops Chair Railings Wainscotting
Sewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Central A/C
Utilities Electric Available Cable TV Available Water Available Sewer Available
Possession Negotiable
Roof Flat
Appliances Built-In Microwave Dishwasher Oven/Range - Gas Stainless Steel Appliances Water Heater Refrigerator Washer Dryer Oven/Range - Electric
Exterior Features Exterior Lighting Sidewalks Street Lights
Zoning R4
Patio/Porch Features Patio(s) Porch(es)
Architectural Style Other
Security Features Carbon Monoxide Detector(s) Security System Smoke Detector
Construction Materials Brick
Exclusions Tenants possessions.
Year Built 1905
Electric Circuit Breakers
View Garden/Lawn
Property SubType Quadruplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality DOWNINGTOWN BORO
Accessibility None
County CHESTER
New Construction N
Property Type Multi-Family
Subdivision Name DOWNINGTOWN BORO
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Business 30 between Stuart Ave & Hunt Ave.
City DOWNINGTOWN
Buyer Agent Compensation 2
Total Units 4
MLS Area Downingtown Boro (10311)
Lot Size Square Feet 3176.00
Waterfront Y/N N
Number of Units Leased 4
Street Name LANCASTER
Tax Annual Amount 5338.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total 282.05
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/647506759
Days on Market 399
Location Type Downtown
Lease Type Month to Month Yearly Long Term
Standard Status Active
Year Built Source Assessor
Tax Lot 0411
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric Natural Gas
Basement Full Unfinished Sump Pump
Flooring Luxury Vinyl Plank
Hot Water Electric Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Street Suffix AVENUE
Central Air Y/N Y
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Exterior
Pool No Pool
Lot Features Level
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.07
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 36960.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Re/Max Main Line-West Chester

Broker

tom@tomtoole.com

Email

Affordability Calculator

$7,756
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$445
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3536167 Elementary School
3534273 Middle School
Downingtown High School West Campus High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$1,100,000 -7.95% Price Down
4/26/2023$1,195,000 Listed Price

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217 W Lancaster Avenue, Downingtown, PA, 19335 is a Multi-Family Home for sale at $1,100,000 with a lot size of 0.07. 217 W Lancaster Avenue has 8 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 19335 which is in Downingtown, PA