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Listed by Beau McGettigan • Real of Pennsylvania
$ 938,000
Est. payment /mo
New
386 MADISON ST Coatesville, PA 19320
0.39 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACT2129264
Year Built 1956
Annual Tax Amount $9,467
Tax Year 2025
Lot Size 0.389 Acres
Acres 0.39
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Six-unit multifamily investment opportunity located in Coatesville, PA. The property consists of five apartment units and one detached single-family residence, offering a diverse unit mix that includes one-, two-, and three-bedroom floor plans. The property currently generates approximately $7,400 per month in gross rental income ($88,800 annually).
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. This blend of subsidized and market-rate tenancy provides stable in-place cash flow while serving the area's strong workforce housing demand.
Conveniently located near downtown Coatesville, major commuter routes, public transportation, and regional employment centers, the property is well positioned within an established residential neighborhood with continued rental demand.
This property is being offered individually or as part of a 75-Unit Portfolio, a larger collection of 11 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandum and Portfolio information, financials, and supplemental offering materials are available upon request.
The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. This blend of subsidized and market-rate tenancy provides stable in-place cash flow while serving the area's strong workforce housing demand.
Conveniently located near downtown Coatesville, major commuter routes, public transportation, and regional employment centers, the property is well positioned within an established residential neighborhood with continued rental demand.
This property is being offered individually or as part of a 75-Unit Portfolio, a larger collection of 11 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandum and Portfolio information, financials, and supplemental offering materials are available upon request.
Location
State PA
County Chester
Area Coatesville City (10316)
Zoning C
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility Other
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Coatesville Area
Others
Tax ID 16-09 -0307
Ownership Fee Simple
Special Listing Condition Standard
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Miguel C Martinez
Owner | License ID: 0225072428