583 E CHESTNUT ST, Coatesville, PA 19320
583 E CHESTNUT ST, Coatesville, PA 19320
583 E CHESTNUT ST, Coatesville, PA 19320
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Kelly Stipa

Kelly Stipa

+1(267) 249-9000
Listed by Beau McGettigan • Real of Pennsylvania
$525,000
Est. payment /mo
3,300 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $159

MLS Listing ID PACT2137524

Style Colonial

Abv Grd Liv Area 3,300

Year Built 1900

Annual Tax Amount $2,529

Tax Year 2026

Lot Size 3,853 Sqft

Acres 0.09

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Chester

Area Coatesville City (10316)

Zoning RN4

Interior

Hot Water Other

Heating Other

Cooling Other

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 3300

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District Coatesville Area

Others

Tax ID 16-06 -0079

Ownership Fee Simple

SqFt Source 3300

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Kelly Stipa

Kelly Stipa

+1(267) 249-9000

REALTOR® License ID: RS226297L

REALTOR® License ID: RS226297L

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