Updated One-Bedroom
335 E LANCASTER AVENUE #C-10, Downingtown, PA 19335
For Sale
$170,000
A 722-square-foot residence includes refreshed kitchen and bath finishes, with heat and water covered by the association fee.
Property Size722 SF
Price / SF$235.46
Days on Market10
Property Features for 335 E LANCASTER AVENUE #C-10
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
community swimming pool
Building Details
Year Built
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Sean Reigel · License #RS350453
(484) 888-8965
Source:
Cummingsrealtors
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 8 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This one-bedroom condominium at Downingtown Commons contains 722 square feet and was built in 1965. Recent interior work includes a new kitchen, tile flooring in the kitchen and bathroom, and carpeting in the living room and bedroom. The living area has space for a separate sitting area or home office.
Residents have access to a community swimming pool. The association fee covers heat, water, sewer, trash, and exterior maintenance. The property is in Downingtown Borough, minutes from downtown, restaurants, shopping, parks, trails, and the train station.
Residents have access to a community swimming pool. The association fee covers heat, water, sewer, trash, and exterior maintenance. The property is in Downingtown Borough, minutes from downtown, restaurants, shopping, parks, trails, and the train station.
Key Highlights
- 722‑square‑foot, one‑bedroom condominium
- New kitchen and tile flooring in the kitchen and bathroom
- New carpeting in the living room and bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,829
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,580
$156.6K
Cap Rate 7%
$111,843
$111.8K
Cap Rate 9%
$86,989
$87.0K
Market Conditions
NOI Build-Up for 722 SF
Gross rent
$15.4K $21.36/SF
− Vacancy
−$1.2K −$1.64/SF
EGI
$14.2K $19.72/SF
− OpEx
−$6.4K −$8.87/SF
NOI
$7.8K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,580
Cap Rate 7%
$111,843
Cap Rate 9%
$86,989
Alternative Uses
Best Use
Apartment 5plus
$111.8K
$97.9K – $130.5K
NOI $7,829 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$218.9K
$191.5K – $255.4K
NOI $15,323 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 19335, PA
52,406
Population
20,276
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
43.3 sq mi
ZIP Area
1,210
Density / Sq Mi
$136,839
Median Household Income
$69,850
Median Earnings
$1,647
Median Rent
$464,400
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Chester County, PA
Properties on Market for Residential income properties in Chester County
Frequently Asked Questions
What type of property is this?
Residential income property - A 722-square-foot residence includes refreshed kitchen and bath finishes, with heat and water covered by the association fee.
Where is this residential income property located?
The property is located at 335 E LANCASTER AVENUE #C-10 Downingtown, PA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 722‑square‑foot, one‑bedroom condominium; New kitchen and tile flooring in the kitchen and bathroom; New carpeting in the living room and bedroom
