Price Reduction - New Construction
Address
204 Price Street, West Chester, PA
Price
$ 2,195,000
Property Attributes
- MLS#PACT2063124
- TypeMulti-Family
- CountyCHESTER
- CityWest Chester
- AreaWest Chester Boro
- Zip19382
- StyleColonial
- Year Built1900
- Taxes$ 4776
- Price$ 2,195,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description
INVESTOR ALERT!!! 3 UNIT STUDENT PERMITTED TRIPLEX FOR SALE located 1/2 a block from campus with 2 off street parking spaces per unit and laundry facilities on premises. This triplex has been completely rehabbed from top to bottom. All new kitchens with new cabinets, granite counter tops, tile backsplashes, stainless appliances, new luxury vinyl plank flooring, new paint, new electric, new roof on the rear, updated windows, etc. Unit 1 is a 3 bedroom unit rented to 4 students. Unit 2 is a 2 bedroom rented to 4 students. Unit 3 is a NEW CONSTRUCTION 4 bedroom, 2 bathroom unit for 4 students with through-the-wall AC units in every bedroom as well as in the living room. All units are leased for the 2024-2025 school year. A new laundry room was built on the side of the building for all Tenants to use. Tenants pay all utilities. Owner pays trash/recycling, lawn/snow removal. There are too many upgrades to list - This property is among the nicest student housing in West Chester. Schedule this showing today - This listing will not last long!
| Price History | |
|---|---|
| 4/8/2024 | Listed $2,395,000 |
| 4/19/2024 | 9% - $2,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric,Forced Air |
| Cooling | None |
| Possession | Negotiable |
| Zoning | MULTI FAMILY |
| Pool Y/N | No Pool |
| Architectural Style | Colonial |
| Construction Materials | Brick |
| Year Built | 1900 |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | CHESTER |
| Net Operating Income | 144000.00 |
| New Construction | Yes |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | From S High and Price Street: Go west on Price Street,house is on the left at the intersection of Darlington and Price. |
| ModificationTimestamp | 2024-04-19T10:34:24 |
| City | WEST CHESTER |
| Buyer Agent Compensation | 2 |
| Disclosures | Agent has Financial Interest,Agent Related to Owner |
| Total Units | 3 |
| MLS Area | West Chester Boro (10301) |
| Lot Size Square Feet | 6188.00 |
| Tax Assessed Value | 137690.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | PRICE |
| Tax Annual Amount | 4776.0 |
| Home Warranty Y/N | No |
| Property Condition | Excellent |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| Other Units | Unit 3 |
| Price Per Sq Ft | 896.65 |
| Acceptable Financing | Cash,Conventional |
| Construction Completed Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 2448 |
| Days on Market | 23 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 0082 |
| Cap Rate | 6.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Total Stories | 3 |
| Furnished Units | None |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Washer/dryer |
| Type of Parking | Driveway,Off Street |
| Land Use Code | R30 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.14 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 40190.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19382
Price
Taxes
Visits
Year Built
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