NOT LISTED FOR SALE

40 S 8th Ave Coatesville, PA 19320

-- Bed
-- Bath
3,152 Sq Ft
8,000 Sq Ft Lot

Last Sold April 04, 2019

Last sale price $55,000 $17 Per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Wood Flooring
  • 6 Car Detached Garage
  • Traditional Architecture
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of April 2019

Investor Alert!! This fire damaged multi unit property presents an incredible opportunity for the right investor. Prior to the fire this property has documented cash flows on $2325/mo in very average, if not a touch dated condition. Post renovations numbers should be north of this since most everything will be brand new. Phenominal opportunity to add value and flip, or simply enjoy the equity and cash flows for many years to come. Property is owned free and clear with no banks involved or anything like that involved so there is no red tape or extra hoops to jump through so you can settle quickly and have your project under way in not time. Only cash offers will be considered. Best and final offers by Sunday at 8pm.

Last Agent to Sell the Property

Garry Rivell

(484) 467-3806 dave@swaynerealestate.com Swayne Real Estate Group, LLC Listed on: 03/15/2019

Last Buyer's Agent

Leah Weaver

(484) 798-3302 realtor.leahweaver@gmail.com Hostetter Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,000 Sq Ft Lot

Parking

  • 6 Car Detached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for sewer, water, trash collection, insurance
  • Tax Lot 0601
  • Assessor Parcel Number 16-06 -0601

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $700
  • Other Expense $1,720
  • Trash Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Other Expense: 1720.00
  • Year Built: 1947
  • Remarks Public: Investor Alert!! This fire damaged multi unit property presents an incredible opportunity for the right investor. Prior to the fire this property has documented cash flows on $2325/mo in very average, if not a touch dated condition. Post renovations numbers should be north of this since most everything will be brand new. Phenominal opportunity to add value and flip, or simply enjoy the equity and cash flows for many years to come. Property is owned free and clear with no banks involved or anything like that involved so there is no red tape or extra hoops to jump through so you can settle quickly and have your project under way in not time. Only cash offers will be considered. Best and final offers by Sunday at 8pm.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3152
  • Living Area Sq Ft: 3152
  • Price Per Sq Ft: 11.62
  • Above Grade Finished Sq Ft: 2152
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Oversized
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 100
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

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: 62340.00
  • Land Assessed Value: 11700.00
  • Land Use Code: R10
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Year Assessed: 2019
  • Zoning: RN2

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Trash Collection, Insurance
  • Total Actual Rent: 27900.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 244559
  • School Tax: 2721.00
  • Tax Annual Amount: 4063.00
  • Assessor Parcel Number: 16-06 -0601
  • Tax Lot: 0601
  • Tax Total Finished Sq Ft: 2152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/04/2019

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: COATESVILLE AREA

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 List to Sale Price per Sq Ft
04/04/2019 04/04/19 Sold $55,000 +120.0% $17 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $25,000 -- $8 / 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: PACT418160

Bright MLS