583 E Chestnut St, Coatesville, PA 19320

Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
583 E Chestnut St,Coatesville, PA 19320
$525,000
  • 4 Beds
  • - Baths
  • 3,300 sq. ft.
  • Multi-family
  • Active
Listed by: beau mcgettigan
Office: real of pennsylvania
MLS#:PACT2137524
Source:BRIGHTMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$159.09

About this home

Well-maintained 3-unit multifamily investment property in Coatesville, offering 100% government-backed tenancy. The brick and stone building consists of two (2) 1-bedroom, 1-bathroom apartments and one (1) 2-bedroom, 1-bathroom apartment, and generates approximately $3,730 per month in gross rental income ($44,760 annually). All three units are leased to Housing Authority of Chester County (HACC) tenants, with rent paid directly to ownership each month, providing strong income stability and reduced collection risk. The property has a history of low operating expenses and minimal maintenance. It is minutes from the Coatesville VA Medical Center, the Coatesville Amtrak Station and major employment centers, and benefits from strong workforce housing demand and convenient regional transportation access. The property is a short walk from 553 E Chestnut St, an 8-unit building also being offered, creating an opportunity to acquire both. This property is being offered individually or as part...

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Home facts

  • Year built:1900
  • Listing ID #:PACT2137524
  • Added:1 day(s) ago
  • Updated:October 09, 2026 at 03:47 AM

Rooms and interior

  • Bedrooms:4
  • Living area:3,300 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:3,300 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$159.09
  • Tax amount:$2,529 (2026)