Active

MLS: #PACT2028520, Listed By: Peter Gustis, Springer Realty Group, Source:Bright MLS

137 W Lancaster Avenue

DOWNINGTOWN, PA 19335

$424,900 $1,791/Mo

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Overview

Bed

Bath

3,000

Sqft

0.13

Acre(Lot)

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!

Property Details

Property Type : Residential Income

Price : $424,900

AD Id : 60958571

MLS Id : PACT2028520

Beds : 2

Lot Size : 0.13 Acre

Living Area Size : 3,000

Year Built : 1950

County : CHESTER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Room Information

Has Basement: Yes Basement: Dirt Floor
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Hot Water Has Cooling: Yes Cooling: Window Unit(s), Electric

Building Information

Year Built: 1950 Building Area Total: 3000 Construction Materials: Frame, Stucco Pool Features: None Private Pool: No View: Street
Exterior Features

Exterior Features: Awning(s)

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.13 Lot Size Source: Assessor Lot Size Square Feet: 5600 Lot Description: Back Yard

Listing Price Information

Listing Price: $424900

Tax Information

Parcel Number: 11-07 -0314 Tax Lot: 0314 Tax Year: 2023 Annual Tax: $3485

Parking Information

Parking Total: 8 Private, Secured, Driveway

Utility Information

Natural Gas Available, Electricity Available, Cable Available
Location Information

Direction: 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. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
253 W Lancaster Avenue, Downingtown, PA, 19335	$599,900	6	--	2,510	2,510 SqFt
4215 W Lincoln Highway, Downingtown, PA, 19335	$650,000	4	--	6,604	6,604 SqFt

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ByOwner last updated this listing 06/20/2026 @ 00:49

MLS: PACT2028520 LISTED BY: Peter Gustis, Springer Realty Group 484-498-4000 SOURCE: Bright MLS