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West Chester,PA 19382
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,592 sqft
Price per Sqft $585
MLS Listing ID PACT2089250
Style Side-by-Side
Abv Grd Liv Area 4,592
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,343
Tax Year 2024
Lot Size 3,976 Sqft
Acres 0.09
Lot Dimensions 0.00 x 0.00
Property Description
Excellent investor opportunity to acquire a rare 10 room, 8 BR/Unit, 17 person group rental rooming house fully permitted for students. Prime location close to campus and downtown with numerous nearby
amenities. Historically 100% occupied with consistent annual rental increases and value add potential as only a handful of student rental properties with similar boarding house/group rental student permitted uses exist in the Borough today. Under market per student rental rental rate. Previous complete renovation and rebuilding to accommodate students during ownership along with many recent upgrades and renovations including 2nd floor HVAC system, flooring, kitchen and bathroom cabinets and countertops and other upgrades including windows, doors, appliances among others. Turnkey investment property as tenants pay all utilities including electric, heat, hot water, water, sewer and trash. Off street parking, front and side porches, full basement for storage or other amenity possibilities, sprinkler system and access to coin operated laundry for tenants. Income and Expenses in documents.
Location
State PA
County Chester
Area West Chester Boro (10301)
Zoning TOWN CENTER
Rooms
Basement Full
Interior
Interior Features Bathroom - Walk-In Shower,Kitchen - Eat-In,Sprinkler System
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Vinyl,Ceramic Tile
Equipment Refrigerator,Oven/Range - Electric
Fireplace N
Appliance Refrigerator,Oven/Range - Electric
Heat Source Electric
Exterior
Exterior Feature Deck(s)
Garage Spaces 4.0
Water Access N
View Street
Roof Type Flat,Pitched,Shingle
Accessibility 2+ Access Exits
Porch Deck(s)
Total Parking Spaces 4
Garage N
Building
Lot Description Front Yard
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District West Chester Area
Others
Tax ID 01-09 -0918
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard