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Sold for $480,000 on 06/28/24
  • $480,000

    567 S 1st Ave, Coatesville, PA 19320

    6beds
    5baths
    4,860sqft
    Retail
    Built in 1946
    -- sqft lot
    $499,200 Zestimate®
    $99/sqft
    $1,712 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2024 at 03:27am

    Listed by:

    Priscilla Gibson 717-371-2540,

    Coldwell Banker Realty

    Bought with:

    Priscilla Gibson, RS349867

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PACT2061110MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,860
    • Total interior livable area: 4,860 sqft

    Property

    Parking
    • Parking features: Paved, Shared Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Street Lights, Sidewalks
    • Pool features: None
    Lot
    • Size: 6,085 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0902 0072
    • Zoning: MIXED USE
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Retail
    Materials
    • Stucco
    Condition
    • Excellent
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Coatesville
    • Municipality: SOUTH COATESVILLE BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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