Patterson-Schwartz Real Estate301 N Darlington Street, West Chester, PA 19380-2592 $1,100,000
With Pending Contract
Interior Sq. Ft: 3,112
Acreage: 0.08
Age:124 years
Taxes: $6,432
Subdivision: None Available
Design/Type:
End of Row/Townhouse
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.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2 % Of Gross
Basement: Y
Pool: No Pool
Features
Utilities
90% Forced Air, Baseboard - Electric Heating, Forced Air Heating, Natural Gas, Ceiling Fan(s), Central A/C, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Parking Lot, Paved Parking, Surface Parking
Interior
Sprinkler System, Front Entrance Basement, Outside Entrance Basement, Basement Sump Pump, Unfinished Basement
Exterior
Stone Foundation, Rubber Roof, Shingle Roof, Brick Exterior, Brick Front Exterior, Masonry, Stucco Exterior, Vinyl Siding, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (15 schools)
Public Middle (5 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Stetson Middle School | West Chester Area School District | 6–8 | West Chester | 2.52 mi |
| E N Peirce Middle School | West Chester Area School District | 6–8 | West Chester | 2.54 mi |
| J R Fugett Middle School | West Chester Area School District | 6–8 | West Chester | 2.64 mi |
| Pennsylvania Leadership Charter School | Pennsylvania Leadership Charter School | K–12 | West Chester | 3.43 mi |
| Collegium Charter School | Collegium Charter School | K–12 | Exton | 4.86 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| West Chester Henderson High School | West Chester Area School District | 9–12 | West Chester | 0.7 mi |
| 21st Century Cyber Charter School | 21st Century Cyber Charter School | 6–12 | West Chester | 2.61 mi |
| West Chester East High School | West Chester Area School District | 9–12 | West Chester | 2.64 mi |
| West Chester Bayard Rustin High School | West Chester Area School District | 9–12 | West Chester | 3.32 mi |
| Pennsylvania Leadership Charter School | Pennsylvania Leadership Charter School | K–12 | West Chester | 3.43 mi |
| Collegium Charter School | Collegium Charter School | K–12 | Exton | 4.86 mi |
| Chester County Technical College High School-Brandywi | Chester County Technical College High School | 9–12 | Downingtown | 4.93 mi |
Private (17 schools)
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This report is a detailed community overview for West Chester (19380), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 28
- Average salary of people in this community: $74,170
Community Summary
- Population Density (ppl / mile): 1,597
- Household Size (ppl): 2.45
- Households w/ Children: 47%
Housing Inventory
- Owned: 14,752 (68.4%)
- Rented: 5,897 (27.3%)
- Vacant: 914 (4.2%)
- Total: 21,563
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.2%
- Some High School: 2.7%
- High School Graduate: 15.7%
- Some College: 13.3%
- Associate Degree: 6.8%
- Bachelor's Degree: 37.8%
- Graduate Degree: 22.6%
Income by dollar range
Median Income: $104,318
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,183
- One Bedroom: $1,350
- Two Bedroom: $1,547
- Three Bedroom: $1,931
- Four Bedroom: $1,869
© 2024 LiveBy. All Rights Reserved.
Contact Information
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Listing Courtesy of: Keller Williams Real Estate - Media , (610) 565-1995, klrw709@kw.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 4/27/2024.
