West Chester, PA 19382,24 CHURCH ST S
West Chester, PA 19382,24 CHURCH ST S
West Chester, PA 19382,24 CHURCH ST S
Listed by Raymond C McCool • MAC Real Estate Services LLC
Bought with Jeffrey W. Bryant • Springer Realty Group
$1,000,000
Est. payment /mo
Est.Price: ?

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5,167 SqFt
SOLD DATE : 08/30/2023

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,167 sqft

Price per Sqft $193

MLS Listing ID PACT2041296

Sold Date 08/30/23

Year Built 1900

Annual Tax Amount $4,953

Tax Year 2023

Lot Size 2,750 Sqft

Acres 0.06

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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 24 S Church St together with 24 S Church St. Both properties include 2 fully rented retail store fronts, 5 student permitted apartments and a 10 car private parking lot . This is a prime investment real estate investment opportunity you can't pass up. 22 S Church St contains a leased retail space with a 1 bedroom apartment and two large 3 bedroom apartments. 24 S Church St has a leased retail space with a 1 bedroom apartment and two large 3 bedroom apartments along with spacious covered porches in the rear for extra outdoor amenity space. All units are fully leased for the next lease term with tenants paying all utilities electric, hot water, heat, water, sewer and trash. Never a vacancy in 14 years of ownership except for short landlord chosen 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, PACT2041292, PACT2044198, PACT2044206, PACT2041128 and PACT2041164.

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning TOWN CENTER

Interior

Hot Water Electric

Heating Baseboard - Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Chester Area

Others

Tax ID 01-09 -0233

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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agent

Springer Realty Group

+1(484) 498-4000

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