ResultsBackNext

225 E Washington Street
West ChesterPA 19380

Tools
Brochure
Size
3
Bedrooms
2,182 Sq Ft.
interior
0.12 Acres
Exterior
Financial
$616,500
last sold
$298
Price Per Sqft
$4,346
Annual taxes
Listing Details
Multi Family
Property type
1900
Year Built
2056203
Web Id
2757494-PACT2017842
MLS ID
956
Days Posted

Description

225 E Washington Street,

West Chester, PA 19380

-- Excellent Value-Add Opportunity: Ability to Increase Rents 10% to 15% with Minor Upgrades-- #1 Highest Per Capita County in Pennsylvania: West Chester Average HHI $100,000+-- Unrivaled Location: Located in Downtown West Chester-- Desired Unit Mix: One-Bedroom and Three-Bedroom Units-- Convenient to Major Arteries: Route 30, Route 202, and Interstate I-76 -- SEPTA Regional Rail: Walking Distance or Short Drive of Regional Rail Station (Paoli/Thorndale Line)The property is situated less than a 10-minute drive to SEPTA Regional Rail Station (Paoli/Thorndale Line), which offers tenants convenient access to Center City Philadelphia and the surrounding suburbs.This is an exceptional opportunity to establish an immediate footprint in Downtown West Chester as the property sits just blocks from countless bustling restaurants and unique boutiques in a vibrant downtown. As the county seat and one of the most sought-after submarkets in the Philadelphia Metro Area, the West Chester property provides a buyer with a value-add opportunity in an “A+” location. A new owner has the ability to increase rents 10% to 15% by completing light upgrades to kitchens and baths. The property is 100% occupied and competing properties in the area are currently and historically 95%± occupied or better in this high demand sub-market. The property presents a rare ability for a new buyer to capitalize on a “value-add” opportunity in the heart of Chester County.

Amenities

  • Handicap Features
  • Oil Heating
  • Brick
  • No Pets

Price History

datepricevariancetypeglobal
4/15/2022$650,000-Contract
3/19/2022$650,000 13.33 %decreased
2/23/2022$750,000 6.25 %decreased
2/7/2022$800,000-Listed
7/19/2007$370,000-Soldview listing
Listing By: TCS Management, LLC via Data Source: Bright MLS 
listing agent: Alex Prince


Located at 225 E Washington Street, West Chester, Pennsylvania 19380, this listing has been Sold for a price of $650,000 USD. The property was built in 1900, includes 3 bedrooms,. This listing has 2,182 Sq.Ft. of interior space on a lot of .12 Acres. See all Apartments for Sold in West Chester.
Contact Agent