West Chester, PA 19382,620 FRANKLIN
West Chester, PA 19382,620 FRANKLIN
West Chester, PA 19382,620 FRANKLIN
10
$830,000
$875,000
5.1%
Est.Price: ?

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2,640 SqFt

620 FRANKLIN West Chester, PA 19382

Est. payment /mo
SOLD DATE : 11/14/2024

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Key Details

Sold Price $830,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $314

Subdivision Ramsgate

MLS Listing ID PACT2078446

Style Colonial

Year Built 1970

Annual Tax Amount $5,698

Tax Year 2024

Lot Size 871 Sqft

Property Description

ATTENTION INVESTORS! 3 townhomes being SOLD AS A PACKAGE. 2 with STUDENT RENTAL PERMITS. Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student �townhouse community.� Walking distance to West Chester �University. Two have STUDENT RENTAL PERMITS, the third is leased to non students.� Low taxes and low condo fee.� All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning NC2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Dishwasher, Disposal

Exterior

Garage Spaces 3.0

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Pitched

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Chester Area

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Thomas Kerrigan • RE/MAX Direct
Bought with Daniel Larson • Keller Williams Real Estate -Exton

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Scott Gullaksen

Agent | RS 285055

+1(610) 453-9898

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