137 West Lancaster Avenue

Downingtown, PA 19335

$429,900
Price
2
Beds
2
Baths
3,000 Sq. Ft.
$143 / Sq. Ft.
3,000
Sq. Ft.
$143
per Sq. Ft.

Description

137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment...137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
  1. Listed by Peter B Gustis • Springer Realty Group
    P: (610)-209-9219 pete@petegustis.com

Property Details for 137 West Lancaster Avenue

Tax ID Number
11-07 -0314
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Views
Street
Garage
No
Municipality
DOWNINGTOWN BORO
LISTING UPDATED: 08/14/2024 08:01 AM

Property Details for 137 West Lancaster Avenue

StatusActive
MLS #PACT2028520
Days on Market875
Taxes$3,485 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.13 AC / 5,600 SF
CountyChester County

Building Information for 137 West Lancaster Avenue

Stories-Residences2Year Built1950Building Size-Lot Size0.13 AC / 5,600 SF

Property Information for 137 West Lancaster Avenue

Location
Location
  • Transportation: Commuter Rail Station less than 1 mile, Bus Stop less than 1 mile
  • School District Name: DOWNINGTOWN AREA
  • School District County ID: 300200397436
  • SchoolDistrictSource: Listing Agent
  • County: CHESTER
  • MLS Area: Downingtown Boro (10311)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $85,500
  • Year Assessed: 2023
  • County Tax: $389
  • Improvement Assessed Value: $51,200
  • City Town Tax: $654
  • Land Assessed Value: $34,300
  • Clean Green Assessed: No
  • Land Use Code: R60
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R60 MIX
  • Tax Lot: 0314
  • School Tax: $2,442
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Full Baths Count: 1
  • Unit Type Features: commercial store front with full bathroom
  • Total Rooms: 6
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 5
Financial Information
Financial Information
  • Cap Rate: 6.80
  • Existing Lease Type: Owner Occupied
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 3,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Rear Yard, Road Frontage
  • Location Type: Downtown
  • Parcel ID: 233663
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 8
  • Parking Features: Private, Secure Parking
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Awning(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Electric Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS
  • List Agent URL: www.PeteGustis.com

Property History for 137 West Lancaster Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 137 West Lancaster Avenue

Taxable ValueLand$34,300Additions$51,200Total$85,500
Tax Record2024$3,570 ($298 / month)
Home Facts
Total Finished SqFt2,831 SqFtAbove Grade Finished SqFt2,831 SqFtLot Size5,600 SqFtStyleMiscellaneous CommercialYear Built1900ZoningC1CountyCHESTERAPN1107 03140000

Schools near 137 West Lancaster Avenue

This home is within Downingtown Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Beaver Creek El School
PublicK to 5

Downington Middle School
Public7 to 8

Downingtown High School West Campus
Public9 to 12

Downingtown Stem Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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137 West Lancaster Avenue is a multi-family home for sale in Downingtown, PA 19335. This property was listed for sale on July 7, 2022 by Springer Realty Group, it's currently listed at $429,900. This listing's school district is Downingtown Area School District. Nearby schools include Beaver Creek El School, Downington Middle School and Downingtown High School West Campus. 137 West Lancaster Avenue is a 2-bed, 2-bath, 3,000 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Springer Realty Group

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.