Listed By:
RE/MAX Main Line-West Chester
217 W Lancaster Avenue, Downingtown, PA
$ 1,195,000
Property Attributes
  • MLS#PACT2043872
  • TypeMulti-Family
  • CountyCHESTER
  • CityDowningtown
  • AreaDowningtown Boro
  • NeighborhoodDowningtown Boro
  • Zip19335
  • Style
  • Year Built1905
  • Taxes$ 5211
  • Price$ 1,195,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description

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!

Elementary School Middle School High School
Beaver Creek Elementary School Downingtown Middle School Downingtown High School West Campus
Price History
4/26/2023 Listed $1,195,000

General Features

Acceptable Financing Cash, Conventional, FHA, VA
Accessibility None
Appliances Built-In Microwave, Dishwasher, Oven/Range - Gas, Stainless Steel Appliances, Water Heater, Refrigerator, Washer, Dryer, Oven/Range - Electric
Architectural Style Other
Association Recreation Fee No
Basement Full, Unfinished, Sump Pump
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
Days on Market 152
Electric Circuit Breakers
Elementary School BEAVER CREEK
Exclusions Tenants possessions.
Exterior Features Exterior Lighting, Sidewalks, Street Lights
Garage Y/N No
Heating Baseboard - Electric, Forced Air
Interior Features Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Chair Railings, Wainscotting
Location Type Downtown
Lot Size Square Feet 3176.00
MLS Area Downingtown Boro (10311)
Middle/Junior High School DOWNINGTOWN
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 3
Patio/Porch Features Patio(s), Porch(es)
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession Negotiable
Price Per Sq Ft 306.41
Property SubType Quadruplex
Property Type Multi-Family
Roof Flat
School District 300200397436
Security Features Carbon Monoxide Detector(s), Security System, Smoke Detector
Sewer Public Sewer
Single Room Units Count 1
Structure Type Twin/Semi-Detached
Tax Annual Amount 5211.0
Tax Lot 0411
Tax Year 2023
Total Units 4
Two Bedroom 2
Utilities Electric Available, Cable TV Available, Water Available, Sewer Available
Vacation Rental Y/N No
View Garden/Lawn
Water Access Y/N No
Waterfront Y/N No
Year Built 1905
Zoning R4

Interior Features

Central Air Y/N Yes
Fireplace Y/N No
Flooring Luxury Vinyl Plank
Furnished Units None
Heating Fuel Electric, Natural Gas
Heating Y/N Yes
Hot Water Electric, Natural Gas
Three Bedroom Units Count 1
Window Features Replacement

Exterior Features

Living Area 3900
Foundation Details Stone
Lot Dimensions 0.00 x 0.00
Lot Features Level
Lot Size Acres 0.07
Lot Size Source Assessor
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19335

AVG $480K
AVG $7,293
AVG 163
Data Provided by Inside Real Estate®
Year Built
AVG 1881
AVG 40
Data Provided by Walkscore® not using MLS data

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