Two-Unit Renovated
New
For Sale
$285,000
58-60 IRISH LANE, Coatesville, PA 19320
Renovated side-by-side two-unit duplex with covered front porches, gas hot-air heat, and off-street parking with private yards.
Property Size2,203 SF
Price / SF$129.37
Days on Market7
Property Features for 58-60 IRISH LANE
General Information
Standard status
Active
Size
2,203 SF
Property subtype
Duplex
Building Details
Year Built
1780
Listing Agency:
RE/MAX Action Associates
(610) 909-0975
Listed By:
John Guerrera · License #AB061749L
(610) 909-0975
Source:
Cummingsrealtors
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 31 at 5:09AM
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 RE/MAX Action Associates
Investment Insights
Based on property information with market context.
Renovated two-unit single home at 58-60 Irish Lane with side-by-side layout and separate private yard space. Each unit features a covered front porch, a NEW country E-I kitchen, and a large living room. The second-floor level includes two spacious bedrooms and 1 NEW bath per unit. The home is served by gas hot air heat and offers off-street parking.
The property sits on a quiet street and is surrounded by 50 acres of private wooded and open space. Built in 1780, the home blends historic character with recently updated interiors.
Convenient to Hibernia State Park with a lake, as well as the Downingtown and Coatesville train stations, the location also provides access to shopping and restaurants and major routes including the Route 30 Bypass, Route 202, Route 76, and the Pennsylvania Turnpike.
The property sits on a quiet street and is surrounded by 50 acres of private wooded and open space. Built in 1780, the home blends historic character with recently updated interiors.
Convenient to Hibernia State Park with a lake, as well as the Downingtown and Coatesville train stations, the location also provides access to shopping and restaurants and major routes including the Route 30 Bypass, Route 202, Route 76, and the Pennsylvania Turnpike.
Key Highlights
- Renovated side‑by‑side two‑unit duplex
- NEW country E‑I kitchen and large living room in each unit
- Second‑floor layout: 2 bedrooms and 1 NEW bath per unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $19.20 |
| − Vacancy | −$6.1k | −$2.78 |
| EGI | $36.2k | $16.42 |
| − OpEx | −$10.8k | −$4.92 |
| NOI | $25.3k | $11.49 |
2,203 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.6K
$316.4K – $421.9K
NOI $25,315 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$341.3K
$298.6K – $398.1K
NOI $23,888 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$667.9K
$584.4K – $779.3K
NOI $46,755 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Explore this area
Business Placement
Demographics for 19320, PA
54,149
Population
21,199
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
91%
High-School Grad
81.6 sq mi
ZIP Area
664
Density / Sq Mi
$88,852
Median Household Income
$44,920
Median Earnings
$1,427
Median Rent
$302,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated side-by-side two-unit duplex with covered front porches, gas hot-air heat, and off-street parking with private yards.
Where is this duplex located?
The property is located at 58-60 IRISH LANE Coatesville, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Renovated side‑by‑side two‑unit duplex; NEW country E‑I kitchen and large living room in each unit; Second‑floor layout: 2 bedrooms and 1 NEW bath per unit
