301 N Darlington Street

West Chester, PA 19380

House hackers and Investors! Check out this prime investment opportunity for a well kept West Chester borough quadplex! Student housing permits and off street parking in the heart of town. 2 of the 4 units units are authorized for student rentals and can be rented to either students or non-students. All units are rented and performing excellently. Building has not had any vacancy except for short periods of renovations between tenants. All units have been well kept by the current owner. Unit 1 is a student authorized 1 bedroom/1 bathroom currently rented for $1,425. New lease signed for $1,450 starting in June. Unit 2 is student authorized 2 bedroom/1 bathroom rented for $1,950 with a new lease signed for $2,100 starting May. 2 off street parking spots are assigned to this unit. This spacious unit spans 2 stories and has in unit laundry. Unit A is rented for $1,300 to long time tenants. It is a similar floor plan to Unit B which rents for $1,700. Tall ceilings, big bedroom, 1 off street parking spot, and in-unit laundry. Unit B is rented for $1,700 and has not had a rent increase in 2 years. Newly renovated, tall ceilings, big bedroom, 1 off street parking spot and in-unit laundry. Unit 2, Unit A, and Unit B have individual central heating/cooling. Unit 1 has built in wall a/c units and baseboard electric heat. All units have individual meters for electric and gas. Landlord pays water but all leases have a clause to ratio bill any water bills above $150. Water/sewer usage for 2023 averaged $235/mo. Common area gas and electric charges were only $650 for 2023. West Chester Borough covers trash. Landlord opts to pay for private trash service. 2023 trash pick up was $584. Don't miss the stellar investment in the heart of West Chester borough.

Listing courtesy of Keller Williams Real Estate - Media (610) 565-1995



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.