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Sold for $915,000 on 10/09/24
  • $915,000

    317 S High St, West Chester, PA 19382

    7beds
    4baths
    3,114sqft
    Triplex
    Built in 1890
    -- sqft lot
    $943,300 Zestimate®
    $294/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 11, 2024 at 04:48am

    Listed by:

    Michelle Bauer 610-724-4038,

    Century 21 Norris-Valley Forge

    Bought with:

    NON MEMBER

    Non Subscribing Office

    Source: Bright MLS,MLS#: PACT2072942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Hot Water, Radiator, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,114
    • Total interior livable area: 3,114 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Private, On Street, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,118 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0109 0919
    • Zoning: R30
    • Zoning description: RES: Multi-Fam/Dorms
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: West Chester
    • Municipality: WEST CHESTER BORO

    HOA & financial

    Other financial information
    • Total actual rent: 98400

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $943,300
    2% more+ $18,866
    With Zillow Showcase(estimated)
    $962,166