8100 sq foot Renovated 7 unit apartment building with 1st floor commercial space in SOUTH COATESVILLE. Great CASH FLOW! 10.63 CAP Rate in 6 residential apartments, all rented, with the possibility of adding 2 more studio apartments (in demand right now). 1st floor commercial space which can be split up into 4 units or keep as one 4000 sq ft unit. Previous business was a bar/restaurant. Bar, tables, booths and equipment still remain. OR, open your laundry mat, a deli, a corner store, or pool hall. Great cash flow with just the apartments! Commercial space is just icing on the cake. Landlord pays for water, sewer and trash. Tenants pay heat, hot water & electric. "other expenses" is trash in the financial section above. Detailed Income/Expense Sheet is available.
Off market
$561,000
580 S 1st Ave, Coatesville, PA 19320
14beds
0baths
8,120sqft
Other
Built in 1900
-- sqft lot
$561,000 Zestimate®
$69/sqft
$1,204 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 0
Heating
- Baseboard, Gas
Cooling
- Wall
Interior area
- Total interior livable area: 8,120 sqft
Property
Lot
- Size: 8,276 sqft
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Other
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Coatesville
Other
Other facts
- Heating YN: Y
- Ownership Interest: Fee Simple
- Property Type: Multi-Family
- One Bedroom Units Count: 1
- Construction Materials: Brick
- Structure Type: Detached
- Single Room Units Count: 0
- Two Bedroom Units Count: 2
- Architectural Style: Other
- Three Bedroom Units Count: 3
- Property Sub Type: Other
- Parking Features: Public
- Standard Status: Active
- Type of Parking: On Street, Other
- Pool: No Pool
- Total SQFT Source: Estimated
- Tax Annual Amount: 3362.0
- Municipal Trash Y/N: Y
Services availability

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