315 S High Street
West Chester, PA 19382
- – beds
- – baths
- 4,592 sqft
- 3,976 sqft lot
- $585 per sqft
- 1900 build
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.
Listing courtesy of BRIGHT / MAC Real Estate Services LLC
Last checked:
Checking…
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Last updated Jan 13, 2025
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MLS# PACT2089250 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1900
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Year Built Source:Assessor
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Year Major Reno/Remodel:2006
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Roof:Flat, Pitched, Shingle
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New Construction:No
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Construction Materials:Brick, Vinyl Siding
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Building Levels:3
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Building Units Total:1
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Structure Type:Twin/Semi-Detached
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Architectural Style:Side-by-Side
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Accessibility Features:2+ Access Exits
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Foundation Details:Block
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Basement:Yes
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Basement Type:Full
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:4592
Interior
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Interior Features:Bathroom - Walk-In Shower, Kitchen - Eat-In, Sprinkler System
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Room Count:10
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Flooring Type:Vinyl, Ceramic Tile
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:4592
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Living Area SqFt:4,592 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Negotiable
Location
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Directions:From High and Market Streets proceed South on S High, Property on Left right after S High St and Union St.
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Cross Street:Union
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Latitude:39.95720200
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Longitude:-75.60133300
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot Features:Front Yard
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Lot SqFt:3,976 Sqft
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Exclusions:Tenant's possessions
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Zoning:TOWN CENTER
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Zoning Description:8 BR 17 person rooming house fully permitted for students.
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View:Street
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Outdoor Living Structures:Deck(s)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R40
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 692-7010
- Office phone:
- (610) 692-7010
Taxes
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Tax ID Number:01-09 -0918
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Tax Year:2024
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Tax Lot:0918
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Tax Annual Amount:$6,343
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Tax Assessed Value:$179,310
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Year Assessed:2024
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School Tax:4076.0
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County Tax:816.00
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City/Town Tax:1451.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:120/240V
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Refrigerator, Oven/Range - Electric
Schools
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School District Name:West Chester Area
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School District Source:Listing Agent
The Community
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Exterior Features:Sidewalks
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Pool:No Pool
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Municipal Trash:No
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Transportation:Bus Stop less than 1 mile
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:Off Street
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Parking Features:Concrete Driveway
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Off Street - # of Spaces:4
Extra Units
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Vacation Rental:No
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Units Furnished:All
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Single Room Units:8
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One Bedroom Units:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/11/25
Jan 11, 2025
|
Listed / Active | BRIGHT | $2,689,000 |