Well-maintained 3-unit multifamily investment property in Coatesville, offering 100% government-backed tenancy. The brick and stone building consists of two (2) 1-bedroom, 1-bathroom apartments and one (1) 2-bedroom, 1-bathroom apartment, and generates approximately $3,730 per month in gross rental income ($44,760 annually). All three units are leased to Housing Authority of Chester County (HACC) tenants, with rent paid directly to ownership each month, providing strong income stability and reduced collection risk. The property has a history of low operating expenses and minimal maintenance. It is minutes from the Coatesville VA Medical Center, the Coatesville Amtrak Station and major employment centers, and benefits from strong workforce housing demand and convenient regional transportation access. The property is a short walk from 553 E Chestnut St, an 8-unit building also being offered, creating an opportunity to acquire both. This property is being offered individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.
Listed By
Agency Name: Real of Pennsylvania
Agency Phone: 8554500442
Shown By
Agent Name: Stefanie Rosado
Agent Phone: (570) 951-6724
Agency Title: Lewith & Freeman
Lewith & Freeman Stefanie Rosado (570) 951-6724 Stefanie@Lewith-Freeman.com
Estimated Payment
$ 3,353.50 per month $2,989.63 Principal & Interest $210.75 Property Tax $153.13 Homeowner's InsuranceSend an email with a link to
583 E Chestnut Street , Coatesville, PA 19320.
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583 E Chestnut Street , Coatesville, PA 19320.
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583 E Chestnut Street | MLS# PACT2137524
This multi-family property located at 583 E Chestnut Street , Coatesville, PA 19320 is currently listed for sale with an asking price of $525,000. E Chestnut Street is located within the COATESVILLE AREA school district. Search Coatesville real estate on stef.lewith-freeman.com today.