Sold

CLOSED

317 S High St

West Chester PA, 19382

$915,000


$293.83 per sqft

Sold

CLOSED

3 Beds

3,114 sqft

Multi-family

Built in 1890

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.

PACT2072942

MLS ID

August 27, 2024

Listed

October 12, 2024

Updated

Map

317 S High St
West Chester PA, 19382

Interior Features

Bedrooms

3


Fireplace

Yes


Cooling

No


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.09 Acres


Architectual Style

Traditional


Sewer

Public Sewer

School Information

School District

WEST CHESTER AREA

Other Property Details

Area Name

WEST CHESTER BORO


Taxes

$5,727


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Off Street, On Street


Parking Total

3


View

No


County

CHESTER


Water Source

Public


Pool

No


Zoning

RES: Multi-Fam/Dorms

Listing History

Date

Event

Price

10/11/2024

Sold

$915,000

8/31/2024

Pending

Listed by Century 21 Norris-Valley Forge
Listing Contact: 6107244038 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/12/2024. 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 10/12/2024 at 1:38 AM UTC

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