Sold

CLOSED

513 S Walnut St

West Chester PA, 19382

$688,000


$301.09 per sqft

Sold

CLOSED

3 Beds

2,285 sqft

Multi-family

Built in 1895

Classic and hard to find west chester boro Triplex- 3 unit apartment building with 2 car garage and yard. Consisting of 3 one bedroom, 1 bath units - 1 apt on each floor for functional layout. Nice value add property with one unit (apt 2) just becoming available allowing the new owner to renovate and lease themselves or live there as an owner investor. Fully leased cap rate of 6.6%. $57,000 projected fully leased income with low operating expenses of $13,000 for an NOI of $44,000. Washer/dryer in basement and large garage in back alley for additional options. West Chester boro named one of the world's most perfect small towns creating for a sound long term real estate investment.

PACT2070372

MLS ID

October 6, 2024

Listed

November 20, 2024

Updated

Map

513 S Walnut St
West Chester PA, 19382

Interior Features

Bedrooms

3


Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Oil

Exterior/Building Features

Lot Size

0.11 Acres


Architectual Style

Traditional


Sewer

Public Sewer

School Information

School District

WEST CHESTER AREA

Other Property Details

Area Name

WEST CHESTER BORO


Taxes

$4,903


Tax Frequency

Annually


Days on Market

6


Garage

Yes


Garage Spaces

2


Parking

On Street, Detached


Parking Total

2


View

No


County

CHESTER


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/20/2024

Sold

$688,000

10/11/2024

Pending

10/7/2024

Active

Listed by Swayne Real Estate Group, LLC
Listing Contact: 4847169951 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/20/2024 at 9:21 PM UTC

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