580 S 1st Ave
Coatesville, PA 19320
Retail Property For Sale
Property Facts
About 580 S 1ST AVE , COATESVILLE, PA 19320
8100 sq foot Renovated 7 unit apartment building with 1st floor commercial space in SOUTH COATESVILLE BORO. Great CASH FLOW! 10.63 CAP Rate in 6 residential apartments, all rented, with the possibility of adding 2 more studio apartments (in demand right now). 1st floor commercial space which can be split up into 4 units or keep as one 4000 sq ft unit. Previous business was a bar/restaurant. Bar, tables, booths and equipment still remain. OR, open your laundry mat, a deli, a corner store, or pool hall. Great cash flow with just the apartments! Commercial space is just icing on the cake. Landlord pays for water, sewer and trash. Tenants pay heat, hot water & electric. "other expenses" is trash in the financial section above. Detailed Income/Expense Sheet is available.
Property Taxes
| Parcel Number | 09-002-0011.0000 | Improvements Assessment | $51,250 |
| Land Assessment | $17,750 | Total Assessment | $69,000 |
Property Taxes
