Property

West Chester, PA 19382 305 S Walnut Street

305 S Walnut Street West Chester, PA - Image 1305 S Walnut Street West Chester, PA - Image 2305 S Walnut Street West Chester, PA - Image 3
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305 S Walnut Street West Chester, PA - Image 4305 S Walnut Street West Chester, PA - Image 5305 S Walnut Street West Chester, PA - Image 6305 S Walnut Street West Chester, PA - Image 7305 S Walnut Street West Chester, PA - Image 8305 S Walnut Street West Chester, PA - Image 9305 S Walnut Street West Chester, PA - Image 10305 S Walnut Street West Chester, PA - Image 11305 S Walnut Street West Chester, PA - Image 12305 S Walnut Street West Chester, PA - Image 13305 S Walnut Street West Chester, PA - Image 14305 S Walnut Street West Chester, PA - Image 15305 S Walnut Street West Chester, PA - Image 16305 S Walnut Street West Chester, PA - Image 17305 S Walnut Street West Chester, PA - Image 18305 S Walnut Street West Chester, PA - Image 19305 S Walnut Street West Chester, PA - Image 20305 S Walnut Street West Chester, PA - Image 21305 S Walnut Street West Chester, PA - Image 22305 S Walnut Street West Chester, PA - Image 23
Presented By: Long & Foster Real Estate, Inc.
  • MLS# PACT2092324
  • 02/28/2025
  • Request Tour
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  • SQFT • 7,110

Home Details

Introducing an exceptional investment opportunity at 305 S. Walnut St in the heart of West Chester, PA. This fully renovated 6-unit apartment building, originally constructed in 1900, masterfully combines historic charm with modern luxury. The property includes a mix of well-appointed units: 1 - 3 bed, 2 bath, 1 - 2 bed, 1 bath, and 4 - 1 bed, 1 bath apartments, all featuring luxury finishes that cater to todays discerning renters. Each unit boasts an enclosed porch, offering tenants a private outdoor space, while the building's rich historical characteristics have been thoughtfully preserved throughout the renovation. With a dedicated parking lot for 9 vehicles and the potential to add 2 more units in the spacious basement, the property offers both immediate income and significant future upside. Located just steps from downtown West Chesters vibrant shops, dining, and entertainment, this property offers an unbeatable combination of convenience, charm, and investment potential. Dont miss your chance to own a well-maintained, income-generating asset in one of the most desirable neighborhoods in the region.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 305 S Walnut Street

Other Interior Features

Central Air Y/NNo
FlooringHardwood, Luxury Vinyl Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories3

General for 305 S Walnut Street

AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
Cap Rate6.40
CityWEST CHESTER
Construction MaterialsAluminum Siding, Brick
Cool FuelElectric
CoolingDuctless/Mini-Split
CountyCHESTER
DirectionsUse GPS directions
DisclosuresAgent Related to Owner
Electric100 Amp Service
Exclusionsall tenant personal property
Gross Income215400.00
HeatingHeat Pump(s)
Location TypeDowntown
Lot Size Square Feet16320.00
Lot Size UnitsSquare Feet
MLS AreaWest Chester Boro (10301)
ModificationTimestamp2025-05-06T11:25:49
MunicipalityWEST CHESTER BORO
Net Operating Income182657.00
New ConstructionNo
Number Of Units Total6
Operating Expense32743.00
OwnerPaysAdvertising/Licenses and Permits, Common Area Maintenance, Gas, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG400.84
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofShingle, Metal, Copper
Security FeaturesExterior Cameras
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount11516.0
Tax Assessed Value325570.0
Tax Lot0933
Tax Year2024
Total Actual Rent215400.00
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRESIDENTIAL

Exterior for 305 S Walnut Street

Building Area Total7110.00
Car Parking Spaces9
Door FeaturesDouble Entry
Fencing Y/NY
Foundation DetailsStone
Inclusionssecurity cameras, all interior and exterior furniture, all appliances, all in as is condition
Land Assessed Value68980.00
Land Use CodeR40
Lot Dimensions0.00 x 0.00
Lot FeaturesLandscaping
Lot Size Acres0.37
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking, Private, Electric Vehicle Charging Station(s)
Total Loading Docks0
Total Parking Spaces9
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $2,850,000
MLS#PACT2092324
List Date 02/28/2025
Property Type Commercial
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