Excellent investor opportunity to acquire a rare 10 room, 8 BR/Unit, 17 person group rental rooming house fully permitted for students. Prime location close to campus and downtown with numerous nearby amenities. Historically 100% occupied with consistent annual rental increases and value add potential as only a handful of student rental properties with similar boarding house/group rental student permitted uses exist in the Borough today. Under market per student rental rental rate. Previous complete renovation and rebuilding to accommodate students during ownership along with many recent upgrades and renovations including 2nd floor HVAC system, flooring, kitchen and bathroom cabinets and countertops, windows, doors, appliances among others. Turnkey investment property as tenants pay all utilities including electric, heat, hot water, water, sewer and trash. Off street parking, front and side porches, full basement for storage or other amenity possibilities, sprinkler system and access to coin operated laundry for tenants. Income and Expenses in documents.
Sold for $2,664,000
$2,664,000
315 S High St, West Chester, PA 19382
8beds
4,592sqft
Single Family Residence
Built in 1900
3,976 Square Feet Lot
$2,772,000 Zestimate®
$580/sqft
$4,556 Estimated rent
Home value
$2,772,000
$2.58M - $2.97M
$4,556/mo
Zestimate® history
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$16,834/mo
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Off street parkingFront and side porches
Zillow last checked:
Listing updated:
Listed by:
Chris McCool 610-692-7010,
MAC Real Estate Services LLC
Bought with:
Richard DiPrimio, RS338327
Keller Williams Real Estate - West Chester
Source: Bright MLS,MLS#: PACT2089292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Hot Water, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Gas Water Heater
Features
- Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Eat-in Kitchen, Dry Wall, Paneled Walls
- Flooring: Ceramic Tile, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,592
- Total interior livable area: 4,592 sqft
- Finished area above ground: 4,592
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Porch
- Exterior features: Sidewalks
- Pool features: None
- Has view: Yes
- View description: Street
Lot
- Size: 3,976 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0109 0918
- Zoning: TOWN CENTER
- Zoning description: 8 BR, 17 person rooming house fully permitted for students.
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Flat,Pitched,Shingle
Condition
- Very Good
- New construction: No
- Year built: 1900
- Major remodel year: 2006
Utilities & green energy
- Electric: 120/240V
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Cable
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: West Chester
- Subdivision: West Chester Boro
- Municipality: WEST CHESTER BORO
HOA & financial
Other financial information
- Total actual rent: 192000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Sold | $2,664,000-0.9%$580/sqft |
Source:  Bright MLS #PACT2089292 Report a problem | ||
| 2/1/2025 | Pending sale | $2,689,000$586/sqft |
Source: Bright MLS #PACT2089250 Report a problem | ||
| 1/11/2025 | Listed for sale | $2,689,000+753.7%$586/sqft |
Source: Bright MLS #PACT2089250 Report a problem | ||
| 5/10/2013 | Listing removed | $2,200 |
Source: MAC Real Estate Services, LLC / McCool Properties, LLC Report a problem | ||
| 4/9/2013 | Listed for rent | $2,200 |
Source: MAC Real Estate Services, LLC / McCool Properties, LLC Report a problem | ||
| 3/22/2002 | Sold | $315,000$69/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 19382
Nearby schools
GreatSchools rating
- 9/10Sarah W Starkweather El SchoolGrades: K-5Distance: 1.9 mi
- 6/10Stetson Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10West Chester Bayard Rustin High SchoolGrades: 9-12Distance: 2.9 mi
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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Estimated market value
$2,772,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,772,000
- Pennsylvania
- Chester County
- West Chester
- 19382
- 315 S High St
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