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Off market
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  • $706,500

    642 Merchant St, Coatesville, PA 19320

    18beds
    0baths
    9,444sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $706,500 Zestimate®
    $75/sqft
    $1,673 Estimated rent

    What's special

    Investors: Fully leased apartment building. *The entire assemblage falls into the Federal Opportunity Zone (FOZ)! Offering HUGE tax credits and a 10 yr tax abatement.* This property is grouped with a 17 property-31 door, high return assemblage (addresses and map in pictures) all within a 1 mile radius in Coatesville. 6 units in total all with 3beds/1.5bth in good condition with plenty of VALUE ADD opportunity. Long term buy and hold is the play here with a new town center planned similar to the likes of Bridge St in Phoenixville, King St in Malvern and Main St in Exton, Coatesville is one of the last true values to be added to your portfolio in Chester County! Motivated sellers, reviewing all offers. 2019-02-05

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Wall
    Interior area
    • Total interior livable area: 9,444 sqft

    Property

    Lot
    • Size: 7,840 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Coatesville

    Other

    Other facts
    • Heating YN: Y
    • Ownership Interest: Fee Simple
    • Property Type: Multi-Family
    • Construction Materials: Brick
    • Structure Type: Detached
    • Parking Features: Street
    • Architectural Style: Other
    • Tax Annual Amount: 4363.0
    • Standard Status: Active
    • Type of Parking: On Street
    • Pool: No Pool
    • Tax Lot: 0107
    Services availability
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