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.
Sold
$688,000
513 S Walnut St, West Chester, PA 19382
3beds
--baths
2,285sqft
Triplex
Built in 1895
-- sqft lot
$706,900 Zestimate®
$301/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 20, 2024 at 05:57am
Listed by:
Ash Swayne 484-716-9951,
Swayne Real Estate Group, LLC
Bought with:
Tom Kerrigan, AB061697
RE/MAX Direct
Source: Bright MLS,MLS#: PACT2070372

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,285
- Total interior livable area: 2,285 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Detached, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,950 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0109 1194
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: West Chester
- Municipality: WEST CHESTER BORO
HOA & financial
Other financial information
- Total actual rent: 57000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Other
- Ownership: Fee Simple
Services availability

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$706,900
2% more+ $14,138
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$721,038