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501 W LANCASTER AVE Downingtown, PA 19335
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Key Details
Sold Price $220,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,691 sqft
Price per Sqft $130
Subdivision None Available
MLS Listing ID 1000288409
Sold Date 10/30/17
Style Cape Cod
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,691
Originating Board TREND
Year Built 1925
Annual Tax Amount $5,167
Tax Year 2017
Lot Size 0.297 Acres
Acres 0.3
Lot Dimensions 100X130
Property Description
3 Bedroom 2 Full bath single with New kitchen cabinets and granite top, New hardwood floors and new hall bath. This home sits on one half of a double-width lot with a 100 feet frontage on Lancaster Ave. This leaves the other half for various development potentials: subdivide and add a new structure; obtain commercial zoning for the existing structure and add new structure in the vacant space; demolish the existing home and construct an completely new commercial structure on the entire double-width lot that can be, as you may imagine, an apartment complex, strip center, office building, and some kind of mixed-use property. This property also gives a good opportunity to those who want to be an owner-occupant or investor: According to the owner, the property is presently allowed for a mixed use-live and do the business like hair salon, nail salon, doctors, and other professionals. All the utilities are in good working order with Central Air, and a dual heating systems - it has both oil and electric heaters. Downingtown Schools. Walk to train station is a big advantage. Boundary & Topographic Plan-a Drawing for commercial zoning variance application-is available: see documents.
Location
State PA
County Chester
Area Downingtown Boro (10311)
Zoning R4
Direction South
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Other, Workshop, Screened Porch
Basement Full
Interior
Interior Features Kitchen - Eat-In
Hot Water Oil
Heating Heat Pump - Electric BackUp, Hot Water, Forced Air
Cooling Central A/C
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Heat Source Oil
Laundry Basement
Exterior
Exterior Feature Porch(es)
Garage Spaces 4.0
Water Access N
Accessibility None
Porch Porch(es)
Attached Garage 1
Total Parking Spaces 4
Garage Y
Building
Lot Description Corner, Level, Front Yard, Rear Yard, SideYard(s), Subdivision Possible
Story 1.5
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 1.5
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Beaver Creek
Middle Schools Downington
High Schools Downingtown High School West Campus
School District Downingtown Area
Others
Senior Community No
Tax ID 11-07 -0350
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Scott F Gullaksen • Coldwell Banker Realty