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.
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
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#: PACT2061110

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

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.