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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.

Source: BRIGHT MLS, MLS#: PACT2126846

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  • Property Type
    Residential Income
  • Lot
    0.29 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 253 W LANCASTER AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: BRIGHT MLS Status Change
ACTIVE
6/7/2026Source: BRIGHT MLS Added to Database
June 07, 2026
Listing provided courtesy of RE/MAX Action Associates- MLS# PACT2126846MLS ProviderContact Information: [email protected] - 6103632001