Price:
$875,000
Address:
620 Franklin Dr
City:
West Chester
State:
PA
Bedrooms:
6
Bathrooms:
3.5
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.) For more details: https://realtyww.info/homes_west-chester-d525444/for-sale_i76994177
Extra Information for 620 Franklin Dr West Chester, PA
- Seller Type:
- Category: Single-Family Houses
- Conditions: Resale
- Listed Date: Oct 19, 2024
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