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$429,900
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Property 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 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!
Full Property Details
Full Property Details for 137 W Lancaster Ave
General
- Price: $429,900
- Taxes: $3,485 (2023)
- Status: Active
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PACT2028520
- Updated: 8/6/2024
- Added to Site: 1, 074 day(s) ago
Exterior
- Exterior Features: Awning(s)
Parking
- Total Spaces: 8
- Parking Features: Private, Secure Parking
- Parking Type: Driveway
Location
- Area: Downingtown Boro (10311)
- Municipality: DOWNINGTOWN BORO
- County: Chester
- Driving Directions: a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.
- Location Details: Downtown
School Information
- School District: Downingtown Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Frame, Stucco
- Basement: Yes
- Basement Desc.: Dirt Floor
- Foundation: Block, Other
- Stories/Levels: 0
- Square Feet: 3,000
- Sq. Ft. Source: Estimated
- Living Area: 3,000 Sq. Ft.
- Finished Above Grnd: 3,000 Sq. Ft.
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Lot Features
- Property View: Street
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,600
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Rear Yard, Road Frontage
- Zoning: R60 MIX
- Lot Description: Rear Yard, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $143.3
- Assessment Year: 2023
- School Tax: $2,442
- City/TownTax: $654
- City/TownTax Freq: Annually
- County Tax: $389
- County Tax Freq: Annually
- Tax w/Assessment: $85,500
- Tax Amount: $3,485
- Tax Year: 2023
- Tax Total Finished Sq. Ft.: 2831
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: tenants personal property
- Lot Number: 314
Listed by Springer Realty Group, Peter B Gustis
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Schools
Schools serving 137 W Lancaster Ave
School District:Downingtown Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
601 W Pennsylvania Ave, Downingtown, PA 19335 | PK-5 | 0.5 mi | |
115 Rock Raymond Rd, Downingtown, PA 19335 | 6-8 | 0.9 mi | |
445 Manor Ave, Downingtown, PA 19335 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 W Lancaster Ave
Date
Details
Price
Change
Source
4/23/2024
Price Reduced
$429,900
-2.07%
MLS
4/12/2024
Price Reduced
$439,000
-2.23%
MLS
7/07/2022
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 137 W Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,807
7%
$85,500
—
2024
$3,570
2%
$85,500
—
2023
$3,485
2%
$85,500
—
2022
$3,414
2%
$85,500
—
2020
$3,352
—
$85,500
—
2019
$3,352
—
$85,500
—
2018
$3,352
—
$85,500
—
2017
$3,352
3%
$85,500
—
2016
$3,257
-2%
$85,500
—
2015
$3,334
—
$85,500
—
2014
$3,334
—
$85,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137 W Lancaster Ave
137 W Lancaster Avenue, Downingtown, PA 19335 (MLS# PACT2028520) is a Duplex property with 0 bedrooms and 0 full bathrooms. 137 W Lancaster Avenue is currently listed for $429,900 and was received on July 07, 2022. Want to learn more about 137 W Lancaster Avenue? Do you have questions about finding other Duplex real estate for sale in Downingtown? You can browse all Downingtown real estate or contact a Coldwell Banker agent to request more information.