$480,000
$480,000
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4,860 SqFt
SOLD DATE : 06/28/2024
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,860 sqft
Price per Sqft $98
MLS Listing ID PACT2061110
Sold Date 06/28/24
Style Colonial
Abv Grd Liv Area 4,860
Originating Board BRIGHT
Year Built 1946
Annual Tax Amount $7,596
Tax Year 2023
Lot Size 6,085 Sqft
Acres 0.14
Property Description
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.
Location
State PA
County Chester
Area South Coatesville Boro (10309)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 09-02 -0072
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Priscilla R Gibson • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "