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    553 E Chestnut Street

    COATESVILLE, PA 19320
    • $600,000
    • STATUS: Pending
    • ON SITE: 31 days
    • ID#: PACT533082
    Pending
    $600,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Information

    School District:

    Description

    Unbelievable opportunity!!!! 8 Units! 7 of the units are occupied 1 vacant. Presitine condition. Probably one of the best I've seen! From the front porch you enter thru a gracious wood door to a foyer. Notice the original wood work and stained glass. This entrance leads to four of the units. The first on the right is Unit 1. This tenant has been there since 2012. It has fresh paint, new carpet, vanity and ceiling fan. Then you go up the wood stairs to Unit 4. This is an efficiency unit with new electric range and carpet three years ago. This tenant has been there since 2019. Unit 5 is also on the second floor. Currently vacant and refurbished for a new tenant! Continue once again up to the third floor to Unit 6. This is really a neat unit! Angled ceilings giving lots of charm. New carpet and range within the last 3 years. Current tenant has only been there a year but would like to stay. Now we go to the back of the building where you enter two more units. Unit 2 tenant has been there since 2011! This unit meets section 8 guidelines and on the first floor. Unit 3 is actually two floors. Living room and huge eat in kitchen on the first floor and go upstairs to bedroom and bath. It also has access to a shared balcony with Unit 5. In the main building just described please note that there are all new hardwired smoke detectors in the common areas. Plus a top of the line gas heating system that was installed in 2015. The common doors are fire rated and lock automatically for added security. There is a shared parking lot in the rear as well as on street parking in the front. The carriage house holds two more units. Unit 7 the tenant has also been there since 2019. This unit has a new front door. Unit 8 tenant has been there since 2011! I must say. Once they move in they don't want to leave! That should say allot about this multi-unit building. PROPERTY BEING SOLD IN AS IS CONDITION. BUYER RESPONSIBLE FOR ANY MUNICIPAL INSPECTIONS.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-07T23:53:16.053.
    www.locomusings.com/homes/115820994
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    553 E Chestnut Street COATESVILLE, PA 19320

    • Price: $600,000
    • Status: Pending
    • ID#: PACT533082
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1900
    Built
    Neighborhood:
    None Available
    County:
    Chester
    Area:
    Coatesville City (10316)
    High School:
    Coatesville Area Senior
    School District:
    Coatesville Area
    Property Description
    Unbelievable opportunity!!!! 8 Units! 7 of the units are occupied 1 vacant. Presitine condition. Probably one of the best I've seen! From the front porch you enter thru a gracious wood door to a foyer. Notice the original wood work and stained glass. This entrance leads to four of the units. The first on the right is Unit 1. This tenant has been there since 2012. It has fresh paint, new carpet, vanity and ceiling fan. Then you go up the wood stairs to Unit 4. This is an efficiency unit with new electric range and carpet three years ago. This tenant has been there since 2019. Unit 5 is also on the second floor. Currently vacant and refurbished for a new tenant! Continue once again up to the third floor to Unit 6. This is really a neat unit! Angled ceilings giving lots of charm. New carpet and range within the last 3 years. Current tenant has only been there a year but would like to stay. Now we go to the back of the building where you enter two more units. Unit 2 tenant has been there since 2011! This unit meets section 8 guidelines and on the first floor. Unit 3 is actually two floors. Living room and huge eat in kitchen on the first floor and go upstairs to bedroom and bath. It also has access to a shared balcony with Unit 5. In the main building just described please note that there are all new hardwired smoke detectors in the common areas. Plus a top of the line gas heating system that was installed in 2015. The common doors are fire rated and lock automatically for added security. There is a shared parking lot in the rear as well as on street parking in the front. The carriage house holds two more units. Unit 7 the tenant has also been there since 2019. This unit has a new front door. Unit 8 tenant has been there since 2011! I must say. Once they move in they don't want to leave! That should say allot about this multi-unit building. PROPERTY BEING SOLD IN AS IS CONDITION. BUYER RESPONSIBLE FOR ANY MUNICIPAL INSPECTIONS.
    Exterior Features

    Construction Materials Brick Garage YN No Location Type Downtown Lot Features Front YardInteriorLevelRear YardSideyard(S) Parking Types On StreetParking Lot Property Condition Excellent Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved Roof Unknown View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 4820.00 Cooling None Exclusions Tenant's Personal Possessions Flooring HardwoodCarpetVinyl Heating 90% Forced Air Heating YN Yes Inclusions All Appliances Net Square Feet 5940.00 Security Features Carbon Monoxide Detector(S)Main Entrance LockSmoke Detector

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street N. 6th Ave Electric 200+ Amp Service Elevators 0 Entry Level 1 Foundation Details Stone Gross Income 72840.00 Heating Fuel Natural Gas Historic YN No Hot Water ElectricNatural Gas Incorporated City Name Coatesville City Internet Services CableDslFiber Optic Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 304546590286 Owner Pays GasHeatHeater Maintenance ContractInsuranceLawn/Shrub CarePest ControlSewerSnow RemovalTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7942.00 Tax Assessment Amount 140530.00 Tax Lot 0086 Total Actual Rent 72840.00 Transportation Bus Stop Less Than 1 MileCommuter Lots Less Than 5 Miles Utilities Cable TvNatural Gas AvailablePhone Available Vacation Rental YN No Water Source Public Zoning R40 Zoning Description Apartment Building 5-19 Units

    Listing courtesy of Century 21 Precision Realty.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-07T23:53:16.053.
     
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