$350,000
SOLD MAY 17, 2023

348 W Lincoln Hwy Coatesville, PA 19320

-- Bed
-- Bath
2,344 Sq Ft
4,410 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

5 Days on Market

About This Home

As of May 2023

This cash-flowing Triplex offers a 1-bedroom, 2-bedroom and 3-bedroom unit. All are currently rented and occupied for $1250/m, $1200/m and $700/m for a total of $3150/m in rent. The owner pays for water and sewer. The tenant pays for heat, hot water, electricity and internet. Heat is baseboard electric and each unit has separate electric meters. Has large back yard with parking. Due to tenants, only showings will be at the open house on Saturday from 12-2.

Last Agent to Sell the Property

Rob Lawrence

VRA Realty License #RS341053 Listed on: 03/30/2023

VRA Realty

Last Buyer's Agent

Michael DiBartolomeo

Keller Williams Real Estate -Exton License #RS294596

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1900

Lot Details

  • 4,410 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Stone Foundation
  • Stucco

Interior Spaces

  • Partial Basement

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units
  • Building Winterized

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 0118
  • Assessor Parcel Number 16-04 -0118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,028

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants property and AC units
  • Inclusions: All appliances
  • New Construction: No
  • Expected On Market: 2023-03-31
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: This cash-flowing Triplex offers a 1-bedroom, 2-bedroom and 3-bedroom unit. All are currently rented and occupied for $1250/m, $1200/m and $700/m for a total of $3150/m in rent. The owner pays for water and sewer. The tenant pays for heat, hot water, electricity and internet. Heat is baseboard electric and each unit has separate electric meters. Has large back yard with parking. Due to tenants, only showings will be at the open house on Saturday from 12-2.
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2444
  • Living Area Sq Ft: 2344
  • Price Per Sq Ft: 180.04
  • Above Grade Finished Sq Ft: 1944
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 348

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55920.00
  • Land Assessed Value: 11750.00
  • Land Use Code: R30
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4410.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RN4

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 37800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 243210
  • School Tax: 2789.00
  • Tax Annual Amount: 4028.00
  • Assessor Parcel Number: 16-04 -0118
  • Tax Lot: 0118
  • Tax Total Finished Sq Ft: 1944
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/17/2023

MLS Schools

  • School District Name: COATESVILLE AREA

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $350,000 0.0% $149 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $350,000 +75.0% $149 / Sq Ft
12/11/2020 12/11/20 Sold $200,000 +1.2% $103 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $197,650 -9.4% $102 / Sq Ft
04/05/2020 04/05/20 Price Changed $218,250 -1.1% $112 / Sq Ft
03/08/2020 03/08/20 For Sale $220,750 +10.4% $114 / Sq Ft
02/14/2020 02/14/20 Off Market $200,000 -- --
08/01/2019 08/01/19 Price Changed $220,750 -6.1% $114 / Sq Ft
07/05/2019 07/05/19 For Sale $235,000 -- $121 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2042498

Bright MLS

APN: 1604 01180000