553 E CHESTNUT STREETCOATESVILLE, PA 19320

Commercial · 5,084 Sq. ft. | 0.17 Acres
$1,123,000 ACTIVE

553 E CHESTNUT STREET Overview

Time on Site:
7 days
Visits:
0

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.

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553 E CHESTNUT STREET Facts & Features

  • Type Commercial
  • Sq. ft. 5,084
  • Price/Sq.ft. $221
  • Lot 0.17 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1900

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: CHESTER
  • County Or Parish: CHESTER
  • MLS Area Major: Coatesville City (10316)

Parking Information

  • Total Parking Spaces: 6
  • Type of Parking: On Street,Driveway

Tax Information

  • City/Town Tax: 1933.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 725.00
  • County Tax Payment Frequency: Annually
  • School Tax: 6234.00
  • Tax Annual Amount: $8,893.00
  • Tax Assessed Value: 140530.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: COATESVILLE AREA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: C

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 5084.00
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Other
  • Cooling: None

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.17
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7525.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer
  • Water Access: No

553 E CHESTNUT STREET Neighborhood

Community

19320 (COATESVILLE) Demographics

41
Median Age
647
Population Density (per sq. mile)
42%
College Educated
$76,710
Estimated Median Income
14,720
Estimated Total Home Owners
5,517
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

553 E CHESTNUT STREET Monthly Cost

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$ %
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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.

553 E CHESTNUT STREET Market Data

Based on the last 30 days in this zip code

$414,016
Average List Price
$211
Average Price per Square Foot
52
Properties Sold
58
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

553 E CHESTNUT STREET 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