Listed by RE/MAX Action Associates
$599,900
253 W Lancaster Avenue
Details
APN 11-07 -0419
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,510
Units 3
Year Built 1910
Acreage 0.290
Zoning R-4
Parking Spaces 10 spaces
Parking Per SqFt 3.98
Multifamily | 3 Units
Marketing description
Investor Alert! Exceptional opportunity to own a premium 3-unit investment property in the heart of Downingtown Borough, with an included garage adding an 4th unit!! Ideally situated along highly visible Lancaster Avenue, 253 W. Lancaster Avenue offers a prime location with strong rental demand, convenient access to shopping, dining, major roadways, and footsteps away from the Downingtown Train Station. This well-maintained multifamily property features income-producing units providing positive cash flow and long-term investment potential. The main level features a 2 BR unit with 1 bath proving easy main floor living. The 2nd floor boast a 2 BR and 1 bath apartment. Rounding the building out is a 3rd apartment featuring 2 BR's and 1 bath. There is also a 2 car garage which includes a loft area with electric that has the potential to be rented as well providing a strong 4th income! Furthermore, the property offers residential flexibility as the ability to make it into a single-family residence is also an option.
Listing Contacts
Listed by RE/MAX Action Associates
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Zoning
R-4 ResidentialMulti FamilySingle Detached Two And Multifamily Residential
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View all 22 uses Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
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