West Chester, PA 19380,301 N DARLINGTON ST
West Chester, PA 19380,301 N DARLINGTON ST
West Chester, PA 19380,301 N DARLINGTON ST
West Chester, PA 19380,301 N DARLINGTON ST
West Chester, PA 19380,301 N DARLINGTON ST
West Chester, PA 19380,301 N DARLINGTON ST
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$1,070,000

$1,100,000

2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,112 SqFt


SOLD DATE : 06/03/2024

Key Details

Sold Price $1,070,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,112 sqft

Price per Sqft $343

Subdivision None Available

MLS Listing ID PACT2061610

Sold Date 06/03/24

Style Other

Abv Grd Liv Area 3,112

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $6,432

Tax Year 2023

Lot Size 3,336 Sqft

Acres 0.08

Lot Dimensions 0.00 x 0.00

Property 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. Don't miss the stellar investment in the heart of West Chester borough.

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning R40

Rooms

Basement Front Entrance, Outside Entrance, Unfinished, Sump Pump

Interior

Interior Features Sprinkler System

Hot Water Electric

Cooling Central A/C, Ceiling Fan(s), Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Waterfront N

Water Access N

Roof Type Rubber,Shingle

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 5

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District West Chester Area

Others

Tax ID 01-04 -0260

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by John Knisely • Keller Williams Real Estate - Media
Bought with Robert D Hughes • Long & Foster Real Estate, Inc.
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