description
567 S 1st Ave,
Coatesville,
PA
19320
Great opportunity for an investor or an entrepreneur looking for commercial space, with bonus rental income. This property has 5 units, one commercial space and four apartments.Apartment 1 is rented out for $1200/month on a month to month lease.Apartment 2 is rented out for $1100/month, on a yearly lease ending in 10/2024.Apartment 3 is rented out for $1300/month on a yearly lease ending in 05/2024.Apartment 4 is rented out for $1050/month on a month to month lease.The commercial space was formerly a barbershop, but will be delivered vacant. Projected rental income is $1500/month.Projected income is $6100/month or $73,200/year.
Listing By: Coldwell Banker Realty via Data Source: Bright MLS
Price History
| date | Price | variance | type |
|---|
| 4/19/2024 | $495,000 | 4.62 % | decreased |
| 2/29/2024 | $519,000 | - | Listed |
| 5/17/2022 | $385,000 | - | Sold |
listing agent: Priscilla Gibson
