253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
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Listed by Jamie Wagner • RE/MAX Action Associates
$565,000
Est. payment /mo
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2,510 SqFt
Price Dropped by $34K

253 W LANCASTER AVE Downingtown, PA 19335

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,510 sqft

Price per Sqft $225

MLS Listing ID PACT2126846

Style Colonial

Abv Grd Liv Area 2,510

Year Built 1910

Available Date 2026-06-10

Annual Tax Amount $7,735

Tax Year 2025

Lot Size 0.289 Acres

Acres 0.29

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

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

State PA

County Chester

Area Downingtown Boro (10311)

Zoning R-4

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Parking Features Oversized

Garage Spaces 8.0

Water Access N

Accessibility None

Total Parking Spaces 8

Garage Y

Building

Foundation Stone

Above Ground Finished SqFt 2510

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Downingtown Area

Others

Tax ID 11-07 -0419

Ownership Fee Simple

SqFt Source 2510

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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253 W LANCASTER AVE

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