West Chester PA Real Estate & Commercial for Sale

Rare and a much sought after opportunity to own a turn key 5 unit STUDENT RENTAL in highly desirable prime location less than 3 blocks from campus with commercial and retail amenities across the street and close to downtown. All units are fully leased. Property was completely renovated to accommodate student rentals. Never a vacancy in any lease term during current 26 year ownership except for Landlord chosen renovations. Value add income potential with excellent rental increase upside due to extreme undersupply of student rental units. All utilities are separated with central air and heat. Tenant's pay all utilities including electric, heat, hot water, sewer and trash. Includes a separate coin operated laundry facility offering access to adjoining property for additional revenue. Full unfinished basement for storage and other possible additional amenities. Grandfathered yard signage in front of property with high traffic count visibility. Possible opportunity to purchase fully leased adjoining property under same ownership-315 S High St also a rare student rental zoned as 8 unit 17 person rooming house at a later date. Take advantage of an extremely strong student rental market with an ideal turnkey student rental investment property!

Very Unique Property in the Borough of West Chester - Historic Carriage House. The possibilities are limitless! This Lovely property is currently being used as an Artisan Studio: Rose Valley Restorations. There are other possible uses for a Carriage House, including converting to a Home. All the ingredients are here: High Ceilings, Wood Flooring, Original Huge Windows that let in ALL the Light! Two Floors, and an Attic for storage....small basement. This building is an Awesome Shop....could be a Lovely Studio for another Artisan. There is a great deal of History right here: years ago this was a Mill Shop that made all the moldings for the houses built in the area all around it.....it was also a Mechanical Shop that rebuilt Race Car Engines. The building has always been dry and includes a "People Alley" on the North side shared by this building to 3 houses on South side of E. Barnard St.