# 137 W LANCASTER Avenue, Downingtown, PA 19335

> **TL;DR:** residential multi family, $424,900 ($142/sqft), built 1950, 3,000 sqft.
> A/C. Est. $1,841/mo. Listed 1425 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $424,900 |
| Price/sqft | $142 |
| Square Feet | 3,000 |
| Year Built | 1950 |
| Lot Size | 5,602 sqft (0.13 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1425 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,841 |
| **Total** | **$1,841** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.13 acre lot
- 8 parking spaces

## Description

### Agent Description
137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!

## Location

- **Address:** 137 W LANCASTER Avenue, Downingtown, PA 19335
- **County:** CHESTER
- **Coordinates:** 40.00289086, -75.70992934
- **Google Maps:** https://www.google.com/maps?q=40.00289086,-75.70992934

## Listing Agent

- **Name:** Peter B Gustis
- **Brokerage:** Springer Realty Group
- **Phone:** 6102099219
- **Email:** pete@petegustis.com

## Primary Photo

![137 W LANCASTER Avenue - Primary Photo](http://lh.rdcpix.com/abc238df91df9394d369af1d69e6fcb3l-f926016754r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/137-w-lancaster-avenue-downingtown-pa-19335-t2028520)*

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**MLS#:** PACT2028520 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/137-w-lancaster-avenue-downingtown-pa-19335-t2028520)

---

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