620 S FRANKLIN ST #D39, A-10 AND A-11 Pending

West Chester,PA 19382

$ 875000

6 Beds

6 Baths

2640 SqFt


Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Pending

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $331

Subdivision Ramsgate

MLS Listing ID PACT2085138

Style Colonial

Bedrooms 6

Full Baths 3

Half Baths 3

Condo Fees $275/mo

HOA Y/N N

Abv Grd Liv Area 2,640

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $5,712

Tax Year 2024

Property Description

ATTENTION INVESTORS! 3 townhomes, each are 2 bedroom, 1 and 1/2 bath being SOLD AS A PACKAGE. Two with SUDENT RENTAL PERMITS, the other a long term lease..
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.)

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning NC2

Rooms

Other Rooms Laundry

Interior

Interior Features Dining Area

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Inclusions All appliances in as is condition. Washers, dryers, refrigerators

Equipment Washer,Dishwasher,Disposal,Refrigerator

Fireplace N

Appliance Washer,Dishwasher,Disposal,Refrigerator

Heat Source Electric

Laundry Upper Floor

Exterior

Amenities Available None

Waterfront N

Water Access N

Accessibility None

Parking Type Off Street,On Street,Parking Lot

Garage N

Building

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District West Chester Area

Others

Pets Allowed Y

HOA Fee Include Insurance,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Management,Reserve Funds,Sewer,Snow Removal,Trash,Water

Senior Community No

Tax ID 01-10 -0337

Ownership Condominium

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Pets Description Number Limit

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