1 year on rocket

137 W Lancaster Ave, Downingtown, PA, 19335

$429,900

Home List Price

$5,105*

Closing Credit

0 Baths
3,000 SqFt
$143/SqFt
Multi
Schools Nearby

Location

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137 W Lancaster Ave, Downingtown$429,900

Buyer Closing Credits

$5,105*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPrivate, Secure Parking, Driveway
Year Built1950
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
MLS #PACT2028520
Lot Size0.13 Acres
StatusActive
(ACTIVE)

About 137 W Lancaster Ave

137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 1 bathroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Springer Realty Group
  • Office Phone: (484) 498-4000
  • Listing Agent: Peter B Gustis

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Awning(s)

Parking Information:

  • Parking: Private, Secure Parking, Driveway

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Downingtown East High School, Public District Grades 9-12
  • Lionville Middle School, Public District Grades 7-8
  • East Ward Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.

Municipality:

  • Downingtown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,900
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $3,352
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PACT2028520

Listing Office:

  • Office Name: Springer Realty Group
  • Office Phone: (484) 498-4000
  • Listing Agent: Peter B Gustis

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: 6/2/2024, 9:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,352$85,500
2020$3,351$85,500
2019$3,351$85,500
2018$3,352$85,500
2017$3,352$85,500

History based on county public records data.

Payment Calculator

$2,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,355

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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-7252295
6
/10
  • East Ward Elementary School

  • 435 Washington Ave

  • 0.41 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7252296
6
/10
  • Lionville Middle School

  • 550 W Uwchlan Ave

  • 3.59 miles

  • Public District Grades 7-8

High School

school-card-donut-7252297
7
/10
  • Downingtown East High School

  • 50 Devon Dr

  • 3.24 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,792. The most common annual income of people living in Chester County, PA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaChester CountyDowningtown19335137 W Lancaster Ave

This home is located at 137 W Lancaster Ave in Downingtown, PA and zip code 19335. This 3,000 square foot home, which was built in 1950, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 07, 2022 and is currently priced at $429,900.

In May 2024 more than 188 listings in Chester County, PA were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 49 were sold below. The inventory of homes for sale in Chester County, PA between April 2024 and May 2024 increased by 13.3%. The median list price of listings available in May 2024 was $509,287, while the average time on the real estate market was 13 days.

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

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