Active
315 S High St
West Chester PA, 19382
$2,689,000
$585.58 per sqft
Active
8 Beds
4,592 sqft
Other
Built in 1900
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.
PACT2089250
MLSⓇ ID
January 11, 2025
Listed
January 13, 2025
Updated
Map
315 S High St
West Chester PA, 19382
Interior Features
Total Stories
3
Bedrooms
8
Interior Features
Eat-in Kitchen
Appliances
Refrigerator, Electric Oven, Electric Range
Floor Description
Ceramic Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Hot Water, Electric
Exterior/Building Features
Lot Size
0.09 Acres
Architectual Style
Side-by-Side
Roof
Shingle
Sewer
Public Sewer
School Information
School District
WEST CHESTER AREA
Other Property Details
Area Name
WEST CHESTER BORO
Taxes
$6,343
Tax Frequency
Annually
Days on Market
3
Garage
No
Parking
Concrete, Off Street
Parking Total
4
View
Yes
View Description
Street
County
CHESTER
Water Source
Public
Pool
No
Zoning
8 BR 17 person rooming house fully permitted for students.
Listed by MAC Real Estate Services LLC
Listing Contact: 6106927010
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Data last updated on 1/13/2025 at 9:15 AM UTC
