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513 S WALNUT ST West Chester, PA 19382
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Key Details
Sold Price $688,000
Property Type Townhouse
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
Style Traditional
Year Built 1895
Annual Tax Amount $4,903
Tax Year 2023
Lot Size 4,950 Sqft
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
Exterior
Garage Garage - Rear Entry
Garage Spaces 2.0
Waterfront N
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District West Chester Area
Others
Special Listing Condition Standard
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Bought with Thomas Kerrigan • RE/MAX Direct