567 South 1st Avenue

Coatesville, PA 19320

$495,000
Price
6
Beds
4
Baths
4,860 Sq. Ft.
$102 / Sq. Ft.
4,860
Sq. Ft.
$102
per Sq. Ft.

Description

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...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.
  1. Listed by Priscilla R Gibson • Coldwell Banker Realty
    P: 7173712540 priscillahomesale@gmail.com

Property Details for 567 South 1st Avenue

Tax ID Number
09-02 -0072
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Colonial
Waterfront
No
Garage
No
Municipality
SOUTH COATESVILLE BORO
Central Air
No

Location

Listing Courtesy of Coldwell Banker Realty
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LISTING UPDATED: 04/18/2024 09:44 AM

Property Details for 567 South 1st Avenue

StatusActive
MLS #PACT2061110
Days on Market60
Taxes$7,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1946
Lot Size0.14 AC / 6,085 SF
CountyChester County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 567 South 1st Avenue

Stories-Residences4Year Built1946Building Size-Lot Size0.14 AC / 6,085 SF

Payment Calculator

$3,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 567 South 1st Avenue

Location
Location
  • School District Name: COATESVILLE AREA
  • School District County ID: 300200397336
  • SchoolDistrictSource: Listing Agent
  • County: CHESTER
  • MLS Area: South Coatesville Boro (10309)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $139,740
  • Year Assessed: 2022
  • County Tax: $636
  • Improvement Assessed Value: $122,800
  • City Town Tax: $1,062
  • Land Assessed Value: $16,940
  • Clean Green Assessed: No
  • Land Use Code: R61
  • Zoning: MIXED USE
  • Tax Lot: 0072
  • School Tax: $5,546
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Lease Type: None
  • Beds Total: 0
  • Full Baths Count: 0
  • Unit Type Features: Commercial Space, vacant
Unit 2
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Half Baths Count: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 5
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,860.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Paved Parking, Shared Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Street Lights, Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 567 South 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 567 South 1st Avenue

This home is within Coatesville Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 8 to 9
Public - 10 to 12
Public - 6 to 8
Rating
School
Distance
Rainbow El School
PublicK to 5

Coatesville Intermediate High School
Public8 to 9

Coatesville Area Senior High School
Public10 to 12

North Brandywine Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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567 South 1st Avenue is a multi-family home for sale in Coatesville, PA 19320. This property was listed for sale on March 1, 2024 by Coldwell Banker Realty, it's currently listed at $495,000. It has been on the market for a total of 60 days and was last sold on May 17, 2022. This listing's school district is Coatesville Area School District. Nearby schools include Rainbow El School, Coatesville Intermediate High School and Coatesville Area Senior High School. 567 South 1st Avenue is a 6-bed, 4-bath, 4,860 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.