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140 Rosemont Avenue

COATESVILLE, PA 19320
  • $250,000
  • STATUS: Closed
  • ON SITE: 154 Days
  • ID#: PACT2058540
Sold - 05/13/2024
$250,000
SOLD - 05/13/2024
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

School District:

Description

Great ultra-passive income generating opportunity for the investor, ideal for the end user or the combination of the two. Current business owner used primarily as end user with occasional rental storage. This is a very clean professional storage facility, solid block and and steel construction, new standing seem metal roof and gutters in 2018 and total exterior painted, interior partitions are low maintenance steel, all units are bright and well lit and exterior has automatic LED lighting. There are a total of 6 units which make up approximately 2,933 square foot with 8 and 10 foot height garage doors, All units are contiguous with the ability to ingress / egress via interior roll up doors or interior lock down to create individual storage units. The largest unit #6 can be accessed via Rosemont and Fulton Street and could be easily converted into two individual spaces. Exterior parking storage has potential for significant additional income generation. There is a potential to create an additional two units (additional one from unit 6) and the possibility of adding a unit on the east end of the building. Each unit has floor drain, some have water spigots, and one with toilet flange plumbed. Natural gas hook up...gas pipe installed entire length of the building in attic (not visible from units) with "t" hook gas connection above each individual unit for easy installation of heater(s) etc. Each unit has electric garage door opener on it's own sub panel, owner can lock out each unit individually from the main breaker panel.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-24T22:51:37.583.
www.kmteamrealestate.com/homes/146829177
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140 Rosemont Avenue COATESVILLE, PA 19320

  • Price: $299,500
  • Status: Closed
  • On Site: 154 Days
  • Updated: 158 min ago
  • ID#: PACT2058540
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1980
Built
Neighborhood:
Coatesville City (10316)
County:
Chester
Area:
Coatesville City (10316)
School District:
Coatesville Area
Property Description
Great ultra-passive income generating opportunity for the investor, ideal for the end user or the combination of the two. Current business owner used primarily as end user with occasional rental storage. This is a very clean professional storage facility, solid block and and steel construction, new standing seem metal roof and gutters in 2018 and total exterior painted, interior partitions are low maintenance steel, all units are bright and well lit and exterior has automatic LED lighting. There are a total of 6 units which make up approximately 2,933 square foot with 8 and 10 foot height garage doors, All units are contiguous with the ability to ingress / egress via interior roll up doors or interior lock down to create individual storage units. The largest unit #6 can be accessed via Rosemont and Fulton Street and could be easily converted into two individual spaces. Exterior parking storage has potential for significant additional income generation. There is a potential to create an additional two units (additional one from unit 6) and the possibility of adding a unit on the east end of the building. Each unit has floor drain, some have water spigots, and one with toilet flange plumbed. Natural gas hook up...gas pipe installed entire length of the building in attic (not visible from units) with "t" hook gas connection above each individual unit for easy installation of heater(s) etc. Each unit has electric garage door opener on it's own sub panel, owner can lock out each unit individually from the main breaker panel.
Exterior Features

Construction Materials BrickAluminum SidingBlock Garage YN No Location Type Urban Parking Types Private GarageDrivewayOn StreetParking Lot Property Condition Excellent Roof Metal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2933.00 Cooling None Flooring Concrete Heating None Net Square Feet 2933.00

Property Features

Accessibility Features >84" Garage Door Annual Gross Expense 45754.80 Buyer Financing Cash Central Air YN No Cooling Fuel None Electric Expense 750.00 Gross Income 42094.42 Heating Fuel None Hot Water None Insurance Expense 1200.00 Maintenance Expense 1700.00 Municipality COATESVILLE CITY Navigable Water YN N Net Operating Income 37024.42 New Construction YN No Number Of Units Total 0 Operating Expense Includes ElectricSnow RemovalRepair/MaintenanceLandscaping Original MLSNumber 802819786476 Owner Pays ElectricityInsuranceLawn/Shrub CareRepairsSnow RemovalTaxes - Real Estate Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 1420.00 Tax Lot 0062 Vacation Rental YN No Water Source Public Zoning R

Listing courtesy of RE/MAX Action Associates: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-24T22:51:37.583.
 
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Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042