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Off market
  • $828,900

    240 W Gay St, West Chester, PA 19380

    1beds
    1baths
    1,000sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $828,900 Zestimate®
    $829/sqft
    $1,603 Estimated rent

    Owner options

    List your home for rent

    $1,603/mo

    Rent Zestimate®

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    $1,603/mo

    Rent Zestimate®

    Refinance and save

    $5,162/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $5,162/mo

    Est. payment

    What's special

    Fully rented three unit investment opportunity on Gay Street in West Chester Borough. This property has of a main house consisting of a two units and a carriage house with another unit. It is located directly across the street from St. Agnes Church and behind the new Justice Center. It is zoned Town Center "TC" which allows student rentals without permits. All tenants are well qualified, current, and on one year leases. This property is producing a TRUE 8% cash on cash return! With some cosmetic updates the rents can easily be increased in the main house. Most of the properties major mechanicals have been updated. This is a good income producing property in a very desirable part of town making it easy to lease in the future. Take advantage of the historically low interest rates and lock this three unit in at 4% for 30 years!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Other, Other
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Features
    • Exterior features: Stone, Stucco
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 010804300000

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: West Chester
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $828,900
    2% more+$16,578
    With Zillow Showcase(estimated)$845,478