620 S Franklin Street Unit D39, A-10 AND A-11
West Chester, PA 19382
- 6 beds
- 6 baths
- 2,640 sqft
- $331 per sqft
- 1970 build
ATTENTION INVESTORS! 3 townhomes, each are 2 bedroom, 1 and 1/2 bath being SOLD AS A PACKAGE. Two with SUDENT RENTAL PERMITS, the other a long term lease.. Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student  townhouse community.  Walking distance to West Chester  University. Two have STUDENT RENTAL PERMITS, the third is leased to non students.  Low taxes and low condo fee.  All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)
Listing courtesy of BRIGHT / RE/MAX Direct
Last checked:
Checking…
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Last updated Oct 22, 2024
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MLS# PACT2085138 —
The Building
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Year Built:1970
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Year Built Source:Estimated
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Year Major Reno/Remodel:2022
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New Construction:No
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Construction Materials:Brick, Stucco
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Structure Type:End of Row/Townhouse
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Architectural Style:Colonial
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Levels:2
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:No
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Unit Number:D39, A-10 AND A-11
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2640
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Above Grade Finished SqFt Source:Estimated
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Below Grade Unfinished Area Units:Square Feet
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Tax Total Finished SqFt:880
Interior
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Interior Features:Dining Area
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Room List:Laundry
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Room Count:15
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2640
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Living Area SqFt:2,640 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:Subject to Existing Lease
Location
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Directions:Go south on S Franklin to Linden St.
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Cross Street:LINDEN
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Latitude:39.95545000
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Longitude:-75.59422000
The Property
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Property Type:Residential
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Property Condition:Good
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Inclusions:All appliances in as is condition. Washers, dryers, refrigerators
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Exclusions:Tenants' air conditioners.
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Zoning:NC2
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Zoning Description:Neighborhood conservation 2
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Other Structures:Above 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:R50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 322-9514
- Office phone:
- (610) 430-8100
Taxes
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Tax ID Number:01-10 -0337
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Tax Year:2024
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Tax Annual Amount:$5,712
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Tax Assessed Value:$162,900
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Year Assessed:2024
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School Tax:3654.0
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County Tax:741.00
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City/Town Tax:1317.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:6
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Upper Level Bedrooms:6
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Upper Level 1 Bedrooms:6
Baths
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Total Baths:6
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Full Baths:3
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Half Baths:3
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Main Level Baths:3.00
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Main Level Half Baths:3
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Upper Level Full Baths:3
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Upper Level Total Baths:3
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Upper Level Total Baths:3.00
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Upper Level Full Baths:3
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Washer, Dishwasher, Disposal, Refrigerator
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Laundry Type:Upper Floor
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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Subdivision Name:Ramsgate
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:None
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Condo/Coop Fee:$275
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
Parking
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Garage:No
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Type of Parking:Off Street, On Street, Parking Lot
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$875,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,685
|
Taxes | $476 |
Insurance | $240 |
HOA fees | $275 |
Utilities | $220 See report |
Total | $5,896/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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10/18/24
Oct 18, 2024
|
Pending | BRIGHT | $875,000 |