Coatesville, PA 19320,764 MERCHANT ST
Coatesville, PA 19320,764 MERCHANT ST
Coatesville, PA 19320,764 MERCHANT ST
$161,250
Est. payment /mo
$161,250
Est.Price: ?

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5 Beds
2 Baths
1,767 SqFt
SOLD DATE : 07/29/2021

Key Details

Sold Price $161,250

Property Type Single Family Home

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 PACT2000518

Sold Date 07/29/21

Style Traditional

Bedrooms 5

Full Baths 2

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

You can convert this turnkey, fully rented, 2 unit, single-detached money-making property into your own single home if desired, or rent one unit, or continue renting both with automated electronic rent payment via ClearNow, and receive $1,970 Total monthly rent ($23,640 yr). The low $2,223 yr taxes, low $1,355 yr insurance due to proximity of hydrant, 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 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

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Coatesville Area

Others

Senior Community No

Tax ID 16-02 -0288.0100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sherman B Senn • RE/MAX Professional Realty
Bought with Dan Anthony Graboyes • PGM Real Estate Associates, LLC

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Matthew Kimmey

+1(443) 966-4683

Broker | License ID: 666615

Broker License ID: 666615

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