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Welcome to 217 W. Lancaster Avenue, a completely renovated quadruplex in sought after Downingtown. The units are as follows, 1st floor - Unit 1A - 1 bd, 1 ba, additional 1st floor - Unit 1B - 2 bd, 1 ba, 2nd floor - Unit 2 - 2 bd, 1.5 baths, and lastly the 3rd floor - Unit 3 - 3 bd, 2 ba. All units are leased, with the opportunity to also rent the basement for storage. Shed is currently rented out for storage. Everything is new here with new plumbing, electric and windows throughout the entire building! Unit 2 and Unit 3 renovations were completed in Jan 2019. Unit 1A and Unit 1B renovations were completed in August 2019. Conveniently located right in the boro close to great local shopping, dining and the Regional Rail Train Station with easy access to and from Center City! Do not miss out on this incredible, income producing investment opportunity!
| DAYS ON MARKET | 391 | LAST UPDATED | 3/21/2024 |
|---|---|---|---|
| TRACT | DOWNINGTOWN BORO | YEAR BUILT | 1905 |
| COMMUNITY | Downingtown Boro (10311) | COUNTY | CHESTER |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | DOWNINGTOWN AREA |
|---|---|
| Elementary School | BEAVER CREEK |
| Jr. High School | DOWNINGTOWN |
| High School | DOWNINGTOWN HIGH SCHOOL WEST CAMPUS |
| PRICE HISTORY | |
| Prior to Mar 21, '24 | $1,195,000 |
|---|---|
| Mar 21, '24 - Today | $1,100,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer |
| AREA | Downingtown Boro (10311) |
| BASEMENT | Full, Sump Pump, Unfinished, Yes |
| BUYER'S BROKERAGE COMPENSATION | 2 |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric, Forced Air, Natural Gas |
| INTERIOR | Eat-in Kitchen |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Other |
| SUBDIVISION | DOWNINGTOWN BORO |
| TAXES | 5211 |
| UTILITIES | Cable Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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