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214 W Lincoln Hwy, Coatesville, PA 19320

$35,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
214 W Lincoln Hwy, Coatesville, PA 19320 View this property at 214 W Lincoln Hwy, Coatesville, PA 19320
214 W Lincoln Hwy Coatesville PA 19320

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Property Description

TWO RENTAL UNITS FOR THE PRICE OF 0NE! Section 8 approved area, formally rented via HUD HAP SECTION 8, common rents in the area appear to be around $1,000 per unit, offering a high Capitalization Rate. Solid Brick property with an upper porch offering Mardi Gras essence. Convenient on-street parking in front, off-street parking in the back, and a 1 car garage. Separate electrical meters and circuit breaker panels, and separate newer electric water heaters, plus 2 separate clothes washer & dryer hookups in the basement (install coin-op appliances if additional revenue is desired). Convenient to the new proposed Train Station and exciting new Downtown Revitalization, existing conveniences and entertainment abound within walking distance,
convenient access to major roadways and Public Transportation. Available for immediate possession (this IS NOT a Short Sale). Bank Owned: AS-IS; Where IS; Cash Only (no financing contingencies); This property will need some work and paint prior to occupancy; The buyer is responsible for the $100 Coatesville City U&O application & inspection, plus scheduling of the onsite inspection; the buyer is responsible for correcting violations identified on the U&O Inspection Report (generally the buyer has 60 days after settlement to make repairs if the property is occupied, or if vacant, the buyer can generally take as much time as desired until the property is ready for occupancy). Subject purchase transaction IS NOT Contingent on the U&O Inspection Results ? the property is AS-IS. Property Inspections are permitted prior to submitting an Agreement of Sale (AOS), but an AOS containing elected Inspection Contingencies will not be accepted (inspections must be performed prior to submitting AOS); All sales are final, no warranties or guaranties; $5,000 minimum Good Faith Deposit required when submitting an AOS. All marketing information provided within this publication, including the number of suitable bedrooms, is based on visual observation and is not guaranteed, all provided information should be independently verified.

Full Property Details for 214 W Lincoln Hwy

  • Sold For: $35,000
  • Taxes: $2,140 (2015)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 6544232
  • Added: 872 day(s) ago

Property History

  • 214 W Lincoln Hwy, Coatesville, PA
  • Sold at $35,000 on 5/6/15
  • Listed at $39,900 on 4/1/15

Interior

  • Interior Features: Cable TV Available

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking: Street, Driveway/Off-Street

Location

  • Area: Coatesville City
  • County: CHESTER
  • Subdivision: None Available

School Information

  • High School: COATESVILLE

Heating & Cooling

  • Heating Type: Oil, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: RECTANGULAR

Financial Considerations

  • Tax Amount: $2,140
  • Tax Year: 2015
  • Terms: Bank Owned/REO

Listed by RE/MAX Professional Realty
Sold by Century 21 Precision Realty

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214 W Lincoln Hwy, Coatesville, PA 19320 (MLS# 6544232) is a Multi-Family property that was sold at $35,000 on May 06, 2015. Want to learn more about 214 W Lincoln Hwy? Do you have questions about finding other Multi-Family real estate for sale in Coatesville? You can browse all Coatesville real estate or contact a Coldwell Banker agent to request more information.

Listed by RE/MAX Professional Realty
Sold by Century 21 Precision Realty