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Eight-unit multifamily investment property located in Coatesville, PA. The property consists of eight (8) one-bedroom, one-bathroom apartments and currently generates approximately $9,550 per month in gross rental income ($114,600 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the eight units benefiting from government-backed rental assistance. The combination of subsidized and market-rate tenancy provides stable occupancy while maintaining exposure to rental growth opportunities. Conveniently located near the Coatesville VA Medical Center, downtown Coatesville, public transportation, and major commuter routes, the property benefits from strong workforce housing demand and access to regional employment centers. This property is being offered as part of a larger 75-unit portfolio consisting of 11 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania. This asset is one of five properties subject to a financing arrangement and is not available for individual purchase. Additional portfolio information, financials, rent rolls, and due diligence materials are available upon request.

Source: BRIGHT MLS, MLS#: PACT2129082

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  • Property Type
    Commercial Sale
  • Lot
    0.17 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 553 E CHESTNUT STREET


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
6/23/2026Source: BRIGHT MLS Added to Database
June 23, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Real of Pennsylvania- MLS# PACT2129082MLS ProviderContact Information: [email protected] - 8554500442