513 S WALNUT ST Pending

West Chester,PA 19382

$ 665000

- Bed

- Bath

2285 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,285 sqft

Price per Sqft $291

MLS Listing ID PACT2070372

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

Inclusions 3 refrigerators, 1 washer dryer (all as-is)

Fireplace N

Heat Source Oil

Exterior

Garage Garage - Rear Entry

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility None

Parking Type Detached Garage,On Street

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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