553 E Chestnut St



Unbelievable opportunity!!!! 8 Units! 7 of the units are occupied 1 vacant. Presitine condition. Probably one of the best I've seen! From the front porch you enter thru a gracious wood door to a foyer. Notice the original wood work and stained glass. This entrance leads to four of the units. The first on the right is Unit 1. This tenant has been there since 2012. It has fresh paint, new carpet, vanity and ceiling fan. Then you go up the wood stairs to Unit 4. This is an efficiency unit with new electric range and carpet three years ago. This tenant has been there since 2019. Unit 5 is also on the second floor. Currently vacant and refurbished for a new tenant! Continue once again up to the third floor to Unit 6. This is really a neat unit! Angled ceilings giving lots of charm. New carpet and range within the last 3 years. Current tenant has only been there a year but would like to stay. Now we go to the back of the building where you enter two more units. Unit 2 tenant has been there since 2011! This unit meets section 8 guidelines and on the first floor. Unit 3 is actually two floors. Living room and huge eat in kitchen on the first floor and go upstairs to bedroom and bath. It also has access to a shared balcony with Unit 5. In the main building just described please note that there are all new hardwired smoke detectors in the common areas. Plus a top of the line gas heating system that was installed in 2015. The common doors are fire rated and lock automatically for added security. There is a shared parking lot in the rear as well as on street parking in the front. The carriage house holds two more units. Unit 7 the tenant has also been there since 2019. This unit has a new front door. Unit 8 tenant has been there since 2011! I must say. Once they move in they don't want to leave! That should say allot about this multi-unit building. PROPERTY BEING SOLD IN AS IS CONDITION. BUYER RESPONSIBLE FOR ANY MUNICIPAL INSPECTIONS.


Listing TypeFor Sale
Days On Site8


SQ Feet5,940
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Area Information
Zip Code19320
AreaCoatesville City (10316)
Listing VS Median (in 19320)
low | high
100% of Average
low | high
100% of Average
$ / SqFt:
low | high
13.432168542798% of Average
On Site:
low | high
47.058823529412% of Average
Sourced by Back At You
Listing Updated: April 14, 2021 1:18:00 AM PDT
Melissa T Roop-Pennypacker LogoMLS Number: PACT533082
Listing Provided By:
Melissa T Roop-Pennypacker  of  Century 21 Precision Realty
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