22 S CHURCH ST, West Chester, PA 19382 | MLS PACT2041292 | Listing Information | Nestfully
Courtesy: Raymond McCool - MAC Real Estate Services LLC; Phone: 6106927010
SOLD
$900,000
Sold Date 08/30/2023

22 S CHURCH ST
West Chester, PA 19382

5,140
Sq. Ft.
0.06
Acres Lot
Condo, Townhouse
174 days on Nestfully 34 views
Fresh price! Here is your rare and much sought after opportunity to own a STUDENT RENTAL investment property in a highly visible historic town center location steps from downtown amenities yet very convenient and close to campus Seller desires to sell adjoining property 24 S Church St together with 22 S Church St. Both properties include 2 fully rented retail store fronts. 5 student permitted permitted apartments and a 10 car private parking lot. This is a prime investment real estate opportunity you can't pass up. 22 S Church St contains a leased retail space with two large 3 bedroom apartments. 24 S Church St has a leased retail space with a 1 bedroom apartment and two 3 bedroom apartments along with spacious covered porches in the rear for extra outdoor amenity space. All units are fully leasedfor the next lease term with tenants paying all utilities including electric, heat, hot water, water, sewer and trash. Never a vacancy in 14 years of ownership except for short Landlord chosen renovation time periods to enhance value. Value add potential with minimal improvements and parking fees. Recent upgrades to electric and fire alarm system. Also recent conversion from oil to natural gas heating system in both properties. Don't delay! Multiple offers expected! Don't miss this unique and premier real estate investment opportunity in one of the most ideal locations for a mixed use student rental property in the Borough! For comparable sales see 513 S High St PACT2040624 and 300-302 W Barnard St PACT2020922.See also PACT2041252, PACT2041300 and PACT2041296. See also PACT2041164 and PACT2041128.
PACT2041292
Condo, Townhouse
3+ Story
1900
CHESTER
0.06 Acres
Public
3
Brick
Public Sewer
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Courtesy: Raymond McCool - MAC Real Estate Services LLC; Phone: 6106927010
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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