253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
253 W LANCASTER AVE, Downingtown, PA 19335
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jamie Wagner • RE/MAX Action Associates
$ 599,900
Est. payment | /mo

2,510 SqFt


Save
$ 599,900
Est. payment | /mo
Save

2,510 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,510 sqft

Price per Sqft $239

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

GET MORE INFORMATION

Name
Phone*
Message

I consent to receiving calls and texts from Perfect Fit Loans for mortgage information and assistance. Texts may include lending recommendations, status updates, and related information. Message frequency varies and data rates may apply. Reply “unsubscribe” to opt-out.

Go tour this home

253 W LANCASTER AVE