126 E Lincoln Hwy - Apartments FOR SALE


Coatesville, PA 19320
$899,000 USD
484-947-8988
126 E Lincoln Hwy, Coatesville, PA for Sale
$899,000 USD
Apartments - FOR SALE
1/11
null | 6.6% Cap Rate

126 E Lincoln Hwy
Coatesville, PA 19320


HIGHLIGHTS

  • Fully renovated mixed-use asset with 7 total units
  • Newer plumbing, flooring, HVAC and fixtures
  • Rear parking lot enhances tenant convenience
  • Located in Coatesville’s revitalized downtown core

OVERVIEW

KW Commercial is pleased to exclusively present for sale this mixed use 7 unit property in downtown Coatesville. Positioned in the heart of Coatesville’s revitalized downtown, 126 E Lincoln Hwy offers investors a fully renovated mixed-use asset with strong income potential. This prominent three-story building features six updated residential units and a spacious 3,000 SF ground-floor commercial space. The residential units are fully leased, contributing to a current NOI of $59,332, with a pro forma projection of $95,944. Renovations completed in 2023 include new HVAC systems, plumbing, flooring, and fixtures throughout, minimizing future capital expenditures. The property benefits from excellent visibility at a key intersection, with a dedicated rear parking lot enhancing tenant convenience. Coatesville’s ongoing redevelopment initiatives and proximity to major routes like US-30 make this an attractive location for both residential and commercial tenants. With a competitive asking price of $975,000, this asset presents a compelling opportunity for investors seeking stable cash flow and long-term upside in a growing market.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,833

CAP RATE

6.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C2

APN/PARCEL ID

16-005-0235.0000

ASK ABOUT THIS PROPERTY

Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

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Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.