West Chester, PA 19382,620 FRANKLIN
West Chester, PA 19382,620 FRANKLIN
West Chester, PA 19382,620 FRANKLIN
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$875,000
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2,640 SqFt
Pending

620 FRANKLIN West Chester, PA 19382

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UPDATED:

10/18/2024 09:01 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $331

Subdivision Ramsgate

MLS Listing ID PACT2078446

Style Colonial

Abv Grd Liv Area 2,640

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $5,698

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Property Description

ATTENTION INVESTORS! 3 townhomes being SOLD AS A PACKAGE. 2 with STUDENT RENTAL PERMITS. 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.)

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning NC2

Interior

Interior Features Dining Area

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Dishwasher, Disposal

Fireplace N

Appliance Dishwasher, Disposal

Heat Source Electric

Exterior

Garage Spaces 3.0

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Pitched

Accessibility None

Parking Type Off Street, On Street

Total Parking Spaces 3

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District West Chester Area

Others

Tax ID 01-10 -0337

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Thomas Kerrigan • RE/MAX Direct

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Gary Pallay

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620 FRANKLIN