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Sold for $688,000
  • $688,000

    513 S Walnut St, West Chester, PA 19382

    3beds
    --baths
    2,285sqft
    Triplex
    Built in 1895
    -- sqft lot
    $775,100 Zestimate®
    $301/sqft
    $2,233 Estimated rent

    Home value

    $775,100

    $721,000 - $845,000

    $2,233/mo

    Zestimate® history
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    $2,233/mo

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    $4,363/mo

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    $4,363/mo

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    What's special

    Classic and hard to find west chester boro Triplex- 3 unit apartment building with 2 car garage and yard. Consisting of 3 one bedroom, 1 bath units - 1 apt on each floor for functional layout. Nice value add property with one unit (apt 2) just becoming available allowing the new owner to renovate and lease themselves or live there as an owner investor. Fully leased cap rate of 6.6%. $57,000 projected fully leased income with low operating expenses of $13,000 for an NOI of $44,000. Washer/dryer in basement and large garage in back alley for additional options. West Chester boro named one of the world’s most perfect small towns creating for a sound long term real estate investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ash Swayne 484-716-9951,

    Swayne Real Estate Group, LLC

    Bought with:

    Tom Kerrigan, AB061697

    RE/MAX Direct

    Source: Bright MLS,MLS#: PACT2070372MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,285
    • Total interior livable area: 2,285 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, Detached, On Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,950 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0109 1194
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: West Chester
    • Municipality: WEST CHESTER BORO

    HOA & financial

    Other financial information
    • Total actual rent: 57000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/20/2024Sold$688,000+3.5%$301/sqft
    Source: Bright MLS #PACT2070372 Report a problem
    10/11/2024Pending sale$665,000$291/sqft
    Source: Bright MLS #PACT2070372 Report a problem
    10/7/2024Listed for sale$665,000$291/sqft
    Source: Bright MLS #PACT2070372 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19382

    Nearby schools

    GreatSchools rating
    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
    $775,100
    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
    $775,100