ATTENTION INVESTORS! 3 townhomes being SOLD AS A PACKAGE. 2 with STUDENT RENTAL PERMITS. Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student townhouse community. Walking distance to West Chester University. Two have STUDENT RENTAL PERMITS, the third is leased to non students. Low taxes and low condo fee. All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)
Sold for $830,000
$830,000
620 S Franklin St, West Chester, PA 19382
6beds
6baths
2,640sqft
Townhouse
Built in 1970
-- sqft lot
$841,100 Zestimate®
$314/sqft
$2,452 Estimated rent
Home value
$841,100
$774,000 - $908,000
$2,452/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tom Kerrigan 610-322-9514,
RE/MAX Direct
Bought with:
Dan Larson, RS350651
Keller Williams Real Estate -Exton
Source: Bright MLS,MLS#: PACT2078446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Baseboard, Electric
Cooling
- None, Electric
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater
Features
- Dining Area
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 871.20 sqft
Details
- Additional structures: Above Grade
- Parcel number: 0110 0337
- Zoning: NC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Block, Stucco, Brick
- Foundation: Slab
- Roof: Pitched
Condition
- Good
- New construction: No
- Year built: 1970
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: West Chester
- Subdivision: Ramsgate
- Municipality: WEST CHESTER BORO
HOA & financial
Other financial information
- Total actual rent: 78000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2024 | Sold | $830,000-5.1%$314/sqft |
Source:  Bright MLS #PACT2078446 Report a problem | ||
| 10/18/2024 | Pending sale | $875,000+446.9%$331/sqft |
Source: Bright MLS #PACT2078446 Report a problem | ||
| 3/5/2018 | Sold | $160,000+64.6%$61/sqft |
Source: Public Record Report a problem | ||
| 7/24/2012 | Sold | $97,197+67.6%$37/sqft |
Source: Public Record Report a problem | ||
| 10/17/2000 | Sold | $58,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,954 +1.7% | $54,300 |
| 2024 | $1,921 +2% | $54,300 |
| 2023 | $1,884 | $54,300 |
| 2022 | $1,884 +2% | $54,300 |
| 2021 | $1,847 +183% | $54,300 |
| 2020 | $653 -63.1% | $54,300 |
| 2019 | $1,770 +1.8% | $54,300 |
| 2018 | $1,738 +9901.8% | $54,300 |
| 2017 | $17 -98.6% | $54,300 |
| 2016 | $1,212 | $54,300 |
| 2015 | $1,212 | $54,300 |
| 2014 | $1,212 | $54,300 |
| 2013 | -- | $54,300 |
| 2012 | -- | $54,300 |
| 2011 | -- | $54,300 |
| 2010 | -- | $54,300 |
| 2009 | -- | $54,300 |
| 2008 | -- | $54,300 |
| 2007 | -- | $54,300 |
| 2006 | -- | $54,300 |
| 2005 | -- | $54,300 |
| 2004 | -- | $54,300 |
| 2003 | -- | $54,300 |
| 2000 | -- | $54,300 |
Find assessor info on the county website
Neighborhood: 19382
Nearby schools
GreatSchools rating
- 8/10Westtown-Thornbury El SchoolGrades: K-5Distance: 2.5 mi
- 6/10Stetson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 8/10West Chester Bayard Rustin High SchoolGrades: 9-12Distance: 2.5 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
$841,100
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
$841,100
- Pennsylvania
- Chester County
- West Chester
- 19382
- 620 S Franklin St
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