Active

MLS: #PACT2126846, Listed By: Jamie Wagner, RE/MAX Action Associates, Source:Bright MLS

253 W Lancaster Avenue

DOWNINGTOWN, PA 19335

$599,900 $2,529/Mo

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Overview

Bed

Bath

2,510

Sqft

0.29

Acre(Lot)

Description

Investor Alert! Exceptional opportunity to own a premium 3-unit investment property in the heart of Downingtown Borough, with an included garage adding an 4th unit!! Ideally situated along highly visible Lancaster Avenue, 253 W. Lancaster Avenue offers a prime location with strong rental demand, convenient access to shopping, dining, major roadways, and footsteps away from the Downingtown Train Station. This well-maintained multifamily property features income-producing units providing positive cash flow and long-term investment potential. The main level features a 2 BR unit with 1 bath proving easy main floor living. The 2nd floor boast a 2 BR and 1 bath apartment. Rounding the building out is a 3rd apartment featuring 2 BR’s and 1 bath. There is also a 2 car garage which includes a loft area with electric that has the potential to be rented as well providing a strong 4th income! Furthermore, the property offers residential flexibility as the ability to make it into a single-family residence is also an option.

Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 80927917

MLS Id : PACT2126846

Beds : 6

Lot Size : 0.29 Acre

Living Area Size : 2,510

Year Built : 1910

Garage : 2

County : CHESTER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes Basement: Unfinished
Interior Features

Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Baseboard Cooling: None

Building Information

Year Built: 1910 Building Area Total: 2510 Construction Materials: Brick Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.29 Lot Size Source: Assessor Lot Size Square Feet: 12600

Listing Price Information

Listing Price: $599900

Tax Information

Parcel Number: 11-07 -0419 Tax Lot: 0419 Tax Year: 2025 Annual Tax: $7735

Parking Information

Parking Total: 8 Oversized, Garage, Driveway, Detached

Garage Information

Has Garage: Yes Garage Space: 2

Location Information

Direction: coming from coatesville- property is on the left hand side- coming from Downingtown borough the property is on the right WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
137 W Lancaster Avenue, Downingtown, PA, 19335	$424,900	2	--	3,000	3,000 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 06/16/2026 @ 21:54

MLS: PACT2126846 LISTED BY: Jamie Wagner, RE/MAX Action Associates 610-363-2001 SOURCE: Bright MLS