253 W Lancaster Ave, Downingtown, PA 19335
Local realty services provided by:CENTURY 21 New Millennium
253 W Lancaster Ave,Downingtown, PA 19335
$565,000
- 6 Beds
- - Baths
- 2,510 sq. ft.
- Multi-family
- Active
Listed by: jamie wagner, kerry t stutzman
Office: re/max action associates
MLS#:PACT2126846
Source:BRIGHTMLS
Price summary
- Price:$565,000
- Price per sq. ft.:$225.1
About this home
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....
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Home facts
- Year built:1910
- Listing ID #:PACT2126846
- Added:49 day(s) ago
- Updated:July 27, 2026 at 01:30 PM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,510 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1910
- Building area:2,510 sq. ft.
- Lot area:0.29 Acres
- Architectural Style:Colonial
- Construction Materials:Brick
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$565,000
- Price per sq. ft.:$225.1
- Tax amount:$7,735 (2025)
Parking
- Parking description:Detached Garage, Oversized
- Garage:Yes
- Garage spaces:2
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