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583 E Chestnut St, 
Coatesville, PA 19320

$525,000


4

Beds


—

Bath


3,300

Sq Ft


Multi-Family

Active

Listed by

Beau Mcgettigan

Real Of Pennsylvania, 8554500442, pabroker@onereal.com

Last updated:

October 20, 2026, 01:38 PM

MLS#

PACT2137524

Source:

BRIGHTMLS

About This Home

583 E Chestnut St

Well-maintained 3-unit multifamily investment property in Coatesville, offering 100% government-backed tenancy. The brick and stone building consists of two (2) 1-bedroom, 1-bathroom apartments and one (1) 2-bedroom, 1-bathroom apartment, and generates approximately $3,730 per month in gross rental income ($44,760 annually). All three units are leased to Housing Authority of Chester County (HACC) tenants, with rent paid directly to ownership each month, providing strong income stability and reduced collection risk. The property has a history of low operating expenses and minimal maintenance. It is minutes from the Coatesville VA Medical Center, the Coatesville Amtrak Station and major employment centers, and benefits from strong workforce housing demand and convenient regional transportation access. The property is a short walk from 553 E Chestnut St, an 8-unit building also being offered, creating an opportunity to acquire both. This property is being offered individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.

Home Facts

Multi-Family

4 Bedrooms

Built in 1900

Price Summary

525,000

$159 per Sq. Ft.

MLS #:

PACT2137524

Last Updated:

October 20, 2026, 01:38 PM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Colonial

Building Area:

3,300 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$525,000

Price per Sq. Ft:

$159 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.