$161,250
$161,250
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764 MERCHANT ST Coatesville, PA 19320
1,767 SqFt
Key Details
Sold Price $161,250
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,767 sqft
Price per Sqft $91
Subdivision Penn Crossing
MLS Listing ID PACT2000352
Sold Date 07/29/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 1,767
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,223
Tax Year 2020
Lot Size 1,584 Sqft
Acres 0.04
Lot Dimensions 1,584 SF
Property Description
Turnkey, fully rented, 2 unit, single-detached, with automated electronic rent payment via ClearNow. $1,970 Total monthly rent. Low $2,223 yr taxes, low $1,355 yr insurance due to proximity of hydrant and single-detached, almost zero ground maintenance, and no parking maintenance contribute to the HIGH NOI. Group showings Saturday 6/19 @ 12 noon, Tuesday 6/22 @ 5:30 pm, Wednesday 6/23 @ 5:30 pm. Offer deadline Monday 6/28 @ 5 pm. Unit-1 is rented for $1,095 a month and has 3 bedrooms, LR, large kitchen, full bath, and gorgeous high ceilings. Unit-2 is rented for $875 a month with the same tenant for over 8 years, with no known intent of ever moving, this unit has 2 bedrooms, LR, large kitchen, full bathroom, and boasts an open floor plan with a two-story foyer. Tenants pay all utilities: Sewer; Electric; Electric Baseboard Heat; Electric Water Heat; Water (water metered separately), landlord pays $578 yr trash collection fee. Hard surface flooring throughout Unit-1 and most of Unit-2, offering easy cleaning and removes the need for replacement between tenants. Plenty of on-street parking, low traffic, overlooks open space with a church and newer townhomes beyond. The tenants love the convenience of the neighboring laundromat and the new water park one block away.
Location
State PA
County Chester
Area Coatesville City (10316)
Zoning RESIDENTIAL
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Corner, Level
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 16-02 -0288.0100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Dan Anthony Graboyes • PGM Real Estate Associates, LLC