$688,000
$665,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2,285 SqFt
SOLD DATE : 11/20/2024
Key Details
Sold Price $688,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,285 sqft
Price per Sqft $301
MLS Listing ID PACT2070372
Sold Date 11/20/24
Style Traditional
Abv Grd Liv Area 2,285
Originating Board BRIGHT
Year Built 1895
Annual Tax Amount $4,903
Tax Year 2023
Lot Size 4,950 Sqft
Acres 0.11
Lot Dimensions 0.00 x 0.00
Property Description
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.
Location
State PA
County Chester
Area West Chester Boro (10301)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Oil
Exterior
Garage Garage - Rear Entry
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District West Chester Area
Others
Tax ID 01-09 -1194
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Thomas Kerrigan • RE/MAX Direct
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "