253 W LANCASTER Ave, Downingtown, PA 19335
- Sqft
- 2,510
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Investor Alert! Exceptional opportunity to own a premium 3-unit investment property in the heart of Downingtown Borough, with an included garage adding an 4th unit!! Ideally situated along highly visible Lancaster Avenue, 253 W. Lancaster Avenue offers a prime location with strong rental demand, convenient access to shopping, dining, major roadways, and footsteps away from the Downingtown Train Station.
This well-maintained multifamily property features income-producing units providing positive cash flow and long-term investment potential. The main level features a 2 BR unit with 1 bath proving easy main floor living. The 2nd floor boast a 2 BR and 1 bath apartment. Rounding the building out is a 3rd apartment featuring 2 BR’s and 1 bath.
There is also a 2 car garage which includes a loft area with electric that has the potential to be rented as well providing a strong 4th income! Furthermore, the property offers residential flexibility as the ability to make it into a single-family residence is also an option.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 2,510
- Lot size (acres)
- 0.29
- Year built
- 1910
Interior features
- Basement
- Yes, Finished
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Electric
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $7,735
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: PACT2126846 Last checked: …

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