$915,000
$839,999
8.9%For more information regarding the value of a property, please contact us for a free consultation.
317 S HIGH ST West Chester, PA 19382
3,114 SqFt
Key Details
Sold Price $915,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,114 sqft
Price per Sqft $293
MLS Listing ID PACT2072942
Style Traditional
Year Built 1890
Annual Tax Amount $5,727
Tax Year 2023
Lot Size 4,118 Sqft
Property Description
This fully leased 3-unit property is just 3 blocks from West Chester University, making it an ideal investment with an approved student housing permit. The first-floor unit features 3 bedrooms, 1 full bath, and 1 half bath. Both the second and third-floor units each offer 2 bedrooms and 1 full bath. The property has an unfinished basement providing additional storage. Off-street parking is available with space for 3-4 cars, a rare find in this prime location. With an approved student rental permit, this property generates a strong rental income of $98,400 annually, with leases secured through May 22, 2025. Tenants are responsible for the electric, water, and natural gas heating. With low taxes of $5727 you maximize your return on investment. The landlord pays the sewer. This property is being sold "As is". This is a fantastic opportunity to invest in a sought-after rental market. Don?t miss your chance to own a high-performing asset in one of the most desirable locations near West Chester University.
Location
State PA
County Chester
Area West Chester Boro (10301)
Zoning R30
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling None
Fireplaces Number 1
Exterior
Garage Spaces 3.0
Water Access N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District West Chester Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MEMBER • Non Subscribing Office