253 W LANCASTER AVE, Downingtown, PA 19335

• 2,510 sqft

Property Description

Investor Alert! Exceptional opportunity to own a premium 3-unit investment property in the heart of Downingtown Borough, with an included garage adding an 4th unit!! Ideally situated along highly visible Lancaster Avenue, 253 W. Lancaster Avenue offers a prime location with strong rental demand, convenient access to shopping, dining, major roadways, and footsteps away from the Downingtown Train Station. This well-maintained multifamily property features income-producing units providing positive cash flow and long-term investment potential. The main level features a 2 BR unit with 1 bath proving easy main floor living. The 2nd floor boast a 2 BR and 1 bath apartment. Rounding the building out is a 3rd apartment featuring 2 BR’s and 1 bath. There is also a 2 car garage which includes a loft area with electric that has the potential to be rented as well providing a strong 4th income! Furthermore, the property offers residential flexibility as the ability to make it into a single-family residence is also an option.

Listing Status:

Active

Date Added:

June 10, 2026

Data Last Updated:

June 23, 2026 at 4:20PM

Listing Office:

RE/MAX Action Associates : 6103632001

Listing Agent:

Jamie Wagner : 6106565646

MLS ID:

PACT2126846

Interior

• Basement: Unfinished
• A/C: None
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Colonial

Construction

• General: BrickStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: DOWNINGTOWN AREA
• County: CHESTER-PA

Lot

• Zoning: R-411-07 -0419

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant's Personal Property