$415,000

225 W Lincoln Hwy Coatesville, PA 19320

Estimated payment $2,674/month

Total Views 30,826
-- Bed
-- Bath
3,108 Sq Ft
$134 Price per Sq Ft

About This Home

Well-Appointed 3 Unit Income-Producing Property in Growing Coatesville. Fantastic Cash Flow with over a 10% Cap Rate! Don’t miss this exceptional opportunity to own a solid brick, mixed-use property in the heart of rapidly developing Coatesville. Featuring one commercial unit and two residential apartments, this well-maintained building offers a fantastic income stream for investors or owner-occupants alike. Situated in a highly visible location, the property benefits from excellent foot and vehicle traffic, making the commercial space ideal for a variety of businesses (the current tenant is a successful Barber Shop). The residential units above provide consistent rental income, further enhancing the investment potential. Apt 1a – which is the on the1st and 2nd floor has 3 bedrooms and 2 full baths. Apt: 2b – 3rd floor has 2 Bedrooms and 1 full bath . Barbershop is on the 1st floor and has 2 half baths and basement. Separate meters for the units. New Roof. With strong bones and timeless curb appeal, this is your chance to secure a stable, income-generating asset in an area on the rise.

Listing Agent

Jamie Wagner

RE/MAX Action Associates License #RS218677L Listed on: 04/25/2025

RE/MAX Action Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1910

Lot Details

  • 2,250 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,108 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0084
  • Assessor Parcel Number 16-04 -0084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,517

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Over Storefront
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: Well-Appointed 3 Unit Income-Producing Property in Growing Coatesville. Fantastic Cash Flow with over a 10% Cap Rate! Don’t miss this exceptional opportunity to own a solid brick, mixed-use property in the heart of rapidly developing Coatesville. Featuring one commercial unit and two residential apartments, this well-maintained building offers a fantastic income stream for investors or owner-occupants alike. Situated in a highly visible location, the property benefits from excellent foot and vehicle traffic, making the commercial space ideal for a variety of businesses (the current tenant is a successful Barber Shop). The residential units above provide consistent rental income, further enhancing the investment potential. Apt 1a – which is the on the1st and 2nd floor has 3 bedrooms and 2 full baths. Apt: 2b – 3rd floor has 2 Bedrooms and 1 full bath . Barbershop is on the 1st floor and has 2 half baths and basement. Separate meters for the units. New Roof. With strong bones and timeless curb appeal, this is your chance to secure a stable, income-generating asset in an area on the rise.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3108
  • Living Area Sq Ft: 3108
  • Price Per Sq Ft: 133.53
  • Above Grade Finished Sq Ft: 3108
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: C30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Year Assessed: 2025
  • Zoning: COMMERCIAL : MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3133.00
  • Tax Annual Amount: 4517.00
  • Assessor Parcel Number: 16-04 -0084
  • Tax Lot: 0084
  • Tax Total Finished Sq Ft: 3108
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: COATESVILLE AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,396 $73,110 $10,350 $62,760
2023 $4,352 $73,110 $10,350 $62,760
2022 $4,240 $73,110 $10,350 $62,760
2021 $4,132 $73,110 $10,350 $62,760
2020 $4,118 $73,110 $10,350 $62,760
2019 $4,012 $73,110 $10,350 $62,760
2018 $3,878 $73,110 $10,350 $62,760
2017 $3,772 $73,110 $10,350 $62,760
2016 $3,098 $73,110 $10,350 $62,760
2015 $3,098 $73,110 $10,350 $62,760
2014 $3,098 $73,110 $10,350 $62,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $415,000 -2.4% $134 / Sq Ft
05/06/2025 05/06/25 Price Changed $425,000 -5.6% $137 / Sq Ft
04/25/2025 04/25/25 Price Changed $450,000 +7.1% $145 / Sq Ft
04/25/2025 04/25/25 For Sale $420,000 -- $135 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $39,577 None Listed On Document
Deed $200,000 T A Title-First Land
Individual Deed $135,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 New Conventional
Previous Owner $160,000 Commercial
Previous Owner $102,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PACT2096388

Bright MLS

APN: 16-004-0084.0000