317 S High Street West Chester, PA 19382
Listing Courtesy of: BRIGHT IDX / Century 21 Norris Valley Forge / Michelle Bauer

  317 S High Street West Chester, PA 19382

Pending (21 Days)
$839,999

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.

MLS #:
PACT2072942
Taxes
$5,727(2023)
Lot Size
4,118 SQFT
Type
Multifamily
Year Built
1890
Style
Traditional
School District
West Chester Area
County
Chester County

Listed By

Michelle Bauer, Century 21 Norris Valley Forge
Source
BRIGHT IDX
Last checked Sep 16 2024 at 6:57 PM EDT
Bathroom Details
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Permanent
Heating and Cooling
  • Radiator
  • Hot Water
  • None
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Parking
  • Private
Living Area
  • 3,114 sqft

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.25%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/16/24 11:57