553 E CHESTNUT STREET Overview
- Time on Site:
- 6 days
- Visits:
- 0
Eight-unit multifamily investment property located in Coatesville, PA. The property consists of eight (8) one-bedroom, one-bathroom apartments and currently generates approximately $9,550 per month in gross rental income ($114,600 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the eight units benefiting from government-backed rental assistance. The combination of subsidized and market-rate tenancy provides stable occupancy while maintaining exposure to rental growth opportunities. Conveniently located near the Coatesville VA Medical Center, downtown Coatesville, public transportation, and major commuter routes, the property benefits from strong workforce housing demand and access to regional employment centers. 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.
553 E CHESTNUT STREET Facts & Features
- Type Commercial
- Sq. ft. 5,084
- Price/Sq.ft. $221
- Lot 0.17 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1900
Business Information
- Business Type: Apartment Building
Location/Region
- Country: US
- County: CHESTER
- County Or Parish: CHESTER
- MLS Area Major: Coatesville City (10316)
Parking Information
- Total Parking Spaces: 6
- Type of Parking: On Street,Driveway
Tax Information
- City/Town Tax: 1933.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 725.00
- County Tax Payment Frequency: Annually
- School Tax: 6234.00
- Tax Annual Amount: $8,893.00
- Tax Assessed Value: 140530.00
- Tax Year: 2025
General Information
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: COATESVILLE AREA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: C
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Assessor
- Building Area Total: 5084.00
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: Other
- Cooling: None
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.17
- Lot Size Source: Assessor
- Lot Size Square Feet: 7525.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Other
General Information
- Number Of Units Total: 8
- Sewer: Public Sewer
- Water Access: No
553 E CHESTNUT STREET Neighborhood
Community
19320 (COATESVILLE) Demographics
553 E CHESTNUT STREET Monthly Cost
553 E CHESTNUT STREET Market Data
Based on the last 30 days in this zip code
553 E CHESTNUT STREET History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: BRIGHT MLS | June 23, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
Contact Information: [email protected] - 8554500442
