2 years 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

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 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. 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)

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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Housing Market Comparison

See how this home compares to others in Downingtown, PA.

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Downingtown, PA

City

Med. Sold Price

$534K

Med. Price/SqFt

$229

Avg. Days On Market

50

# of Sold Homes

45

137 W Lancaster Ave vs Downingtown

868 DAYS ON ROCKET

+818 Days

$429,900

-$104.1K Less

$143/SqFt

-$86 Less

KEY TAKEAWAY

This property is $104.1K less than the Median Sold Price and $86/SqFt less than other homes in Downingtown, PA.

Based on homes sold in the last 12 months

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: 11/21/2024, 12:20:56 PM 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.

Nearby Schools

school-card-donut-295830
6
/10

  • East Ward Elementary School

  • 435 Washington Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-295831
5
/10

  • Beaver Creek Elementary School

  • 601 W Pennsylvania Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-295832
6
/10

  • Bradford Heights Elementary School

  • 1330 Romig Rd

  • 1.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,792. Most Downingtown, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Chester County›Downingtown›19335›137 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.

Downingtown, PA housing market in October 2024 saw over 19 listings sold above listed price, more than 6 sold at listed price and over 20 sold below. Between September 2024 and October 2024, Downingtown, PA real estate market has seen decrease in the number of listings by 3.3%. The median list price of listings available in October 2024 was $534,036, while the average time on the real estate market was 50 days.

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

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