CHARIS REALTY GROUP

Side-by-Side

315 S HIGH STREET S

WEST CHESTER, PA 19382

MLS#: PACT2089292

$2,689,000

Status: Closed
Listing number: PACT2089292
Listing provided by: MAC Real Estate Services LLC
Listing agent phone: None
Last update: 1 year, 20 days ago
On site: 1 year, 5 months ago
Browse Properties
WEST CHESTER BORO - Residential

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1900

Sq.Footage

4,592

Excellent investor opportunity to acquire a rare 10 room, 8 BR/Unit, 17 person group rental rooming house fully permitted for students. Prime location close to campus and downtown with numerous nearby amenities. Historically 100% occupied with consistent annual rental increases and value add potential as only a handful of student rental properties with similar boarding house/group rental student permitted uses exist in the Borough today. Under market per student rental rental rate. Previous complete renovation and rebuilding to accommodate students during ownership along with many recent upgrades and renovations including 2nd floor HVAC system, flooring, kitchen and bathroom cabinets and countertops, windows, doors, appliances among others. Turnkey investment property as tenants pay all utilities including electric, heat, hot water, water, sewer and trash. Off street parking, front and side porches, full basement for storage or other amenity possibilities, sprinkler system and access to coin operated laundry for tenants. Income and Expenses in documents.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Above Grade Finished Area

    4592.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Concrete, Parking Lot

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Street

Area & Lot

  • Lot Size(acres)

    0.09

  • Lot Size(square feet)

    3976.0

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Side-by-Side

Price

  • Sales Price

    $2,689,000

  • Tax Amount

    $6,343

  • Zoning

    8 BR, 17 person rooming house fully permitted for students.

  • Sq. Footage

    4, 592

  • Price/SqFt

    $585

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    0918

  • Water Source

    Public

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Listing Courtesy of Raymond C McCool , MAC Real Estate Services LLC

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Agent Michele Barkman

AGENT

Michele Barkman

Call Michele today to schedule a private showing.

(814) 285-6250

michelebarkman@charisrealty.com


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Excellent investor opportunity to acquire a rare 10 room, 8 BR/Unit, 17 person group rental rooming house fully permitted for students. Prime location close to campus and downtown with numerous nearby amenities. Historically 100% occupied with consistent annual rental increases and value add potential as only a handful of student rental properties with similar boarding house/group rental student permitted uses exist in the Borough today. Under market per student rental rental rate. Previous complete renovation and rebuilding to accommodate students during ownership along with many recent upgrades and renovations including 2nd floor HVAC system, flooring, kitchen and bathroom cabinets and countertops, windows, doors, appliances among others. Turnkey investment property as tenants pay all utilities including electric, heat, hot water, water, sewer and trash. Off street parking, front and side porches, full basement for storage or other amenity possibilities, sprinkler system and access to coin operated laundry for tenants. Income and Expenses in documents.

315 S HIGH STREET S

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