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217 W Lancaster Ave, Downingtown, PA, 19335

$1,195,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,900 SqFt
$306/SqFt
Multi
Schools Nearby

Location

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217 W Lancaster Ave, Downingtown$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1905
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
ViewGarden
MLS #PACT2043872
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 217 W Lancaster Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1905
  • Living Area: 3,900 SqFt

Listing Office:

  • Office Name: RE/MAX Main Line-West Chester
  • Office Phone: (610) 692-2228
  • Listing Agent: Thomas Toole III

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Oven, Gas Range, Water Heater, Refrigerator, Washer, Dryer, Oven, Electric Range
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Entry Level Bedroom, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Chair Railings, Wainscotting

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 217 W Lancaster Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Downingtown West High School, Public District Grades 9-12
  • Downingtown Middle School, Public District Grades 7-8
  • Beaver Creek Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Business 30 between Stuart Ave & Hunt Ave.

Municipality:

  • Downingtown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $306/SqFt

Tax Information:

  • Annual Amount: $5,011
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PACT2043872

Listing Office:

  • Office Name: RE/MAX Main Line-West Chester
  • Office Phone: (610) 692-2228
  • Listing Agent: Thomas Toole III

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 06, 2020Home Sold
$259,515
Jan 27, 2017Home Sold
$241,200
Oct 29, 2008Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,011$127,840
2020$5,011$127,840
2019$5,011$127,840
2018$5,011$127,840
2017$6,075$154,970

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3364051
5
/10

  • Beaver Creek Elementary School

  • 601 W Pennsylvania Ave

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3364052
7
/10

  • Downingtown Middle School

  • 115 Rock Raymond Rd

  • 0.87 miles

  • Public District Grades 7-8

High School

school-card-donut-3364053
7
/10

  • Downingtown West High School

  • 445 Manor Ave

  • 0.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,378. The majority of Chester County, PA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Chester County›Downingtown›19335›217 W Lancaster Ave

This home is located at 217 W Lancaster Ave in Downingtown, PA and zip code 19335. This 3,900 square foot home, which was built in 1905, sits on a 0.07 acre lot. It has been listed on Rocket Homes since April 26, 2023 and is currently priced at $1,195,000.

In March 2024 more than 132 listings in Chester County, PA were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 72 were sold below. The number of listings in Chester County, PA increased by 9.9% between February 2024 and March 2024. In March 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $500,278.

From Rocket Homes Real Estate and based on county public records data.

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