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Listed by Beau McGettigan • Real of Pennsylvania
$ 1,052,992
Est. payment | /mo
8,835 Sqft Lot
$ 1,052,992
Est. payment | /mo
8,835 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACT2128812
Year Built 1964
Annual Tax Amount $12,951
Tax Year 2026
Lot Size 8,835 Sqft
Acres 0.2
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Well-maintained 8-unit multifamily investment property located in downtown Coatesville, offering a stable mix of government-backed and private-pay tenancy. The property consists of eight (8) spacious 2-bedroom, 1-bathroom apartments and generates approximately $9,800 per month in gross rental income ($117,600 annually).
Current tenant mix includes one VA-supported tenancy, one Housing Authority of Chester County (HACC) tenancy, and six private-pay residents, providing a balance of income stability and market-rate rental growth potential.
Ideally situated within walking distance of the Coatesville VA Medical Center, SEPTA/Amtrak Coatesville Station, and major employment centers, the property benefits from strong workforce housing demand and convenient regional transportation access.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Current tenant mix includes one VA-supported tenancy, one Housing Authority of Chester County (HACC) tenancy, and six private-pay residents, providing a balance of income stability and market-rate rental growth potential.
Ideally situated within walking distance of the Coatesville VA Medical Center, SEPTA/Amtrak Coatesville Station, and major employment centers, the property benefits from strong workforce housing demand and convenient regional transportation access.
This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.
Location
State PA
County Chester
Area Coatesville City (10316)
Zoning C
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Heat Source Electric
Exterior
Garage Spaces 8.0
Water Access N
Accessibility Other
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 16-09 -0014
Ownership Fee Simple
Special Listing Condition Standard
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Hakan Karahan
President/Broker of Record | License ID: 9693664