Basic Information

  • MLS # PACT2061610
  • Type Condominiums
  • Status Active Under Contract
  • Subdivision/Complex West Chester Boro (10301) - WEST CHESTER
  • Year Built 1900
  • Total Sqft 3,112
  • Date Listed 03/14/2024
  • Days on Market 51
Description

House hackers and Investors Check out this prime investment opportunity for a well kept West Chester borough quadplex Student housing permits and off street parking in the heart of town. 2 of the 4 units units are authorized for student rentals and can be rented to either students or non-students. All units are rented and performing excellently. Building has not had any vacancy except for short periods of renovations between tenants. All units have been well kept by the current owner. Unit 1 is a student authorized 1 bedroom/1 bathroom currently rented for 1,425. New lease signed for 1,450 starting in June. Unit 2 is student authorized 2 bedroom/1 bathroom rented for 1,950 with a new lease signed for 2,100 starting May. 2 off street parking spots are assigned to this unit. This spacious unit spans 2 stories and has in unit laundry. Unit A is rented for 1,300 to long time tenants. It is a similar floor plan to Unit B which rents for 1,700. Tall ceilings, big bedroom, 1 off street parking spot, and in-unit laundry. Unit B is rented for 1,700 and has not had a rent increase in 2 years. Newly renovated, tall ceilings, big bedroom, 1 off street parking spot and in-unit laundry. Unit 2, Unit A, and Unit B have individual central heating/cooling. Unit 1 has built in wall a/c units and baseboard electric heat. All units have individual meters for electric and gas. Landlord pays water but all leases have a clause to ratio bill any water bills above 150. Water/sewer usage for 2023 averaged 235/mo. Common area gas and electric charges were only 650 for 2023. West Chester Borough covers trash. Landlord opts to pay for private trash service. 2023 trash pick up was 584. Dont miss the stellar investment in the heart of West Chester borough.

Exterior Features

  • Waterfront No
  • Pool No
  • Design Description Other
  • Exterior Features Sidewalks
  • Parking Spaces 0
  • Parking Description Asphalt Driveway,Paved Parking,Surface

Interior Features

  • Adjusted Sqft 3,112
  • Cooling Description Central A/C,Ceiling Fan(s),Window Unit(s)
  • Heating Description 90 Forced Air,Baseboard - Electric,Forced Air
  • Interior Features Sprinkler System
  • Sqft 3,112

Property Features

  • Aprox. Lot Size 3,484
  • Architectural Style Other
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex 301 DARLINGTON
  • Subdivision Info West Chester Boro (10301) - WEST CHESTER
  • Tax Amount $6,432
  • Tax Year 2023
  • Type of Property Multi- Family
  • Zoning R40

301 N DARLINGTON St

WEST CHESTER, PA 19380

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IDXBoost last checked 2024-05-16 22:41:00 Data was last updated 2024-05-14 14:53:05

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