137 W Lancaster Ave Downingtown, PA 19335
Property details
About 137 W Lancaster Ave
137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
Highlights
(ACTIVE)
Summary
- MLS Number: PACT2028520
- MLS Name: BRIGHT
- Office Name: Springer Realty Group
- Office Phone: (484) 498-4000
- Listing Agent: Peter B Gustis
- Agent Phone: (610) 209-9219
- Agent Email: pete@petegustis.com
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Last updated on: 3/15/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,900
137 W Lancaster Ave
$5,105
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $85,500 | $3,570 |
| 2023 | $85,500 | $3,484 |
| 2022 | $85,500 | $3,413 |
| 2021 | $85,500 | $3,351 |
History based on county public records data.
Nearby schools
6
East Ward Elementary School
Public District KG-5
0.4 mi
•435 Washington Ave
5
Beaver Creek Elementary School
Public District KG-5
1.0 mi
•601 W Pennsylvania Ave
6
Bradford Heights Elementary School
Public District KG-5
1.3 mi
•1330 Romig Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,792. Most Downingtown, PA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Horse Races
Figure Skating
Where do the neighbors shop?
Burlington
Stein Mart
Chico's
Where do the neighbors go to eat?
Popeyes
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Dodge
Buick
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
News
This home is located at 137 W Lancaster Ave in Downingtown, PA and zip code 19335. This 3,000 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2022 and is currently priced at $429,900.
While more than 14 listings in Downingtown, PA in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Downingtown, PA between January and February 2025 increased by 11.8%. The median list price of listings available in February 2025 was $521,000, while the average time on the real estate market was 25 days.