Nestled in the vibrant heart of West Chester Boro, 305 S Matlack Street offers a rare chance to secure a solid investment property with abundant off-street rear parking—a true luxury in this sought-after area. This 3-bedroom, 1-bathroom townhome is currently generating $2,700/month in rental income, with long-term tenants who have an excellent rental history and a strong desire to stay. Located within the highly-regarded West Chester School District, this property is ideal for savvy investors looking for a stable income stream and future growth potential. Don't miss this exceptional opportunity to own a gem in one of the most desirable areas of West Chester! No interior photos due to tenants privacy. Seller will allow access for showings. 24 Hour notice required due to being tenant occupied.
Pending
$300,000
305 S Matlack St, West Chester, PA 19382
3beds
1,016sqft
Townhouse
Built in 1900
0 Square Feet Lot
$351,100 Zestimate®
$295/sqft
$-- HOA
What's special
Off-street rear parking
- 670 days
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
Matt Gorham 610-363-4300,
Keller Williams Real Estate -Exton 6103634300
Source: Bright MLS,MLS#: PACT2086690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 288
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,016
- Total interior livable area: 1,016 sqft
- Finished area above ground: 728
- Finished area below ground: 288
Property
Parking
- Total spaces: 5
- Parking features: Crushed Stone, Driveway
- Uncovered spaces: 5
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 0 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0109 0972
- Zoning: RESIDENCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: None
- Services included: None
Location
- Region: West Chester
- Municipality: WEST CHESTER BORO
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $40,000
- Annual tax amount: $1,403
- Date on market: 11/19/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Tenant Personal Property
- Ownership: Fee Simple
Estimated market value
$351,100
$312,000 - $390,000
$2,485/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Pending sale | $300,000$295/sqft |
Source:  Bright MLS #PACT2086690 Report a problem | ||
| 11/19/2024 | Listed for sale | $300,000+1.7%$295/sqft |
Source: Bright MLS #PACT2086690 Report a problem | ||
| 12/29/2023 | Listing removed | -- |
Source: Bright MLS #PACT2054272 Report a problem | ||
| 11/8/2023 | Contingent | $295,000$290/sqft |
Source: Bright MLS #PACT2054272 Report a problem | ||
| 10/29/2023 | Price change | $295,000-6.3%$290/sqft |
Source: Bright MLS #PACT2054272 Report a problem | ||
| 10/10/2023 | Listed for sale | $315,000+76%$310/sqft |
Source: Bright MLS #PACT2054272 Report a problem | ||
| 7/11/2014 | Listing removed | $179,000$176/sqft |
Source: Keller Williams Real Estate #6369861 Report a problem | ||
| 4/15/2014 | Listed for sale | $179,000+19.3%$176/sqft |
Source: Keller Williams Real Estate #6369861 Report a problem | ||
| 9/10/2008 | Sold | $150,000$148/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,466 +1.8% | $40,000 |
| 2025 | $1,439 +1.7% | $40,000 |
| 2024 | $1,415 +2% | $40,000 |
| 2023 | $1,388 | $40,000 |
| 2022 | $1,388 +2% | $40,000 |
| 2021 | $1,360 +183% | $40,000 |
| 2020 | $481 -63.1% | $40,000 |
| 2019 | $1,304 +1.8% | $40,000 |
| 2018 | $1,281 +9896.3% | $40,000 |
| 2017 | $13 -98.6% | $40,000 |
| 2016 | $893 | $40,000 |
| 2015 | $893 | $40,000 |
| 2014 | $893 | $40,000 |
| 2013 | -- | $40,000 |
| 2012 | -- | $40,000 |
| 2011 | -- | $40,000 |
| 2010 | -- | $40,000 |
| 2009 | -- | $40,000 |
| 2008 | -- | $40,000 |
| 2007 | -- | $40,000 |
| 2006 | -- | $40,000 |
| 2005 | -- | $40,000 |
| 2004 | -- | $40,000 |
| 2003 | -- | $40,000 |
| 2000 | -- | $40,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 19382
Nearby schools
Schools provided by the listing agent
- District: West Chester Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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