Address
2 Meredith Court Coatesville, PA
Price
$ 700,000
Property Attributes
  • MLS#PACT517132
  • TypeCommercial
  • CountyCHESTER
  • CityCoatesville
  • AreaModena Boro
  • Zip19320
  • StyleApartment Building
  • Year Built1930
  • Taxes15741
  • Price$ 700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10200
  • Lot Size0.68 Acres
Listing Provided Courtesy Of:
RE/MAX Professional Realty
Property Description

ATTENTION: Due to the level of interest there will be TWO showings: Tues 10/27, 9:30-11; Saturday 10/31, 9:30-11. Contact agent as to which day you will attend and for entry instructions. All offers must be submitted by 11/7 midnight. CASH COW!!! 10 Single family rows sold under one deed (not an apartment building); Units are in good condition; All brick, very low maintenance, PRESENT GROSS INCOME $114,000/yr with all units occupied. Rents are presently low; potential Gross Rental Income - $159,000/yr! All leases are month to month. This is a terrific purchase for the investor seeking a property with low maintenance and high cash flow in a great location. 9 of the units are two-story, 1,020 sq'ft brick 3 bedroom row homes (10th unit is same size but 2 bedrooms). Each unit has 1 full bath, kitchen, living & dining rooms, full basements, front porch & rear decks; open space offers great backyard for tenants; situated on a quiet private street on .68 of an acre. Tenants pay electric & heat & hot water; owner pays sewer & trash (water is on well! no bill). Low money-down for investor can generate great monthly cash flow - start collecting your rent checks today!!!!! (Listing agent must accompany all showings - notice will be required for showings (pictures are representative condition of all units). Please respect Tenants privacy and do not bother tenants.

Price History
10/9/2020 Listed $700,000

General Features

Acceptable Financing Conventional, Other
Accessibility None
Business Type Apartment Building
Construction Materials Brick, CPVC/PVC, Copper Plumbing
Cool Fuel Electric
Cooling Window Unit(s)
County CHESTER
Electric 100 Amp Service, Circuit Breakers
Exclusions Tenants Personal Property
Flooring Tile/Brick, Wood, Carpet, Vinyl
Heating Baseboard - Electric, Forced Air
Location Type Downtown
MLS Area Modena Boro (10310)
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 68.63
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Good
Real Estate Owned Y/N No
Roof Pitched, Shingle
Sewer Public Sewer
Tax Year 2020
Utilities Water Available, Sewer Available, Electric Available, Phone
Vacation Rental Y/N No
Water Access Y/N No
Zoning 1

Interior Features

Central Air Y/N No
Heating Fuel Oil, Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 10200.00
Car Parking Spaces 20
Fencing Y/n No
Foundation Details Brick/Mortar
Inclusions Refrigerator, Stove In Its Condition
Lot Features Backs - Open Common Area, Cul-de-sac, Level, Rear Yard, SideYard(s)
Lot Size Acres 0.68
Lot Size Source Estimated
Lot Size Square Feet 29442.00
Navigable Water Y/N No
Roadresponsibility Boro/Township
Total Parking Spaces 20
Type of Parking On Street
Water Oriented Y/N No
Water Source Well
Water View Y/N No
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 19320

Price
AVG $200K
$700K
Taxes
AVG $5,147
$15,741
Visits
AVG 55
7
Year Built
AVG 1981
1930

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