253 W Lancaster Ave, Downingtown, PA 19335

Downingtown
Local realty services provided by:ERA Martin Associates
253 W Lancaster Ave,Downingtown, PA 19335
$599,900
  • 6 Beds
  • - Baths
  • 2,510 sq. ft.
  • Multi-family
  • Active
Listed by: jamie wagner, kerry t stutzman
Office: re/max action associates
MLS#:PACT2126846
Source:BRIGHTMLS

Price summary

  • Price:$599,900
  • Price per sq. ft.:$239

About this home

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...

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Home facts

  • Year built:1910
  • Listing ID #:PACT2126846
  • Added:20 day(s) ago
  • Updated:June 27, 2026 at 04:36 PM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,510 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1910
  • Building area:2,510 sq. ft.
  • Lot area:0.29 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Price per sq. ft.:$239
  • Tax amount:$7,735 (2025)

Parking

  • Parking description:Detached Garage, Oversized
  • Garage:Yes
  • Garage spaces:2

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