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
November 1, 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 11/1/2024. 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 11/1/2024 at 3:27 AM UTC
