Patterson-Schwartz Real Estate22 S Church Street, West Chester, PA 19382 $995,000
Interior Sq. Ft: 5,140
Acreage: 0.06
Age:123 years
Style:
Other
Subdivision: West Chester
Design/Type:
Interior Row/Townhouse
Description
Fresh price! Here is your rare and much sought after opportunity to own a STUDENT RENTAL investment property in a highly visible historic town center location steps from downtown amenities yet very convenient and close to campus Seller desires to sell adjoining property 24 S Church St together with 22 S Church St. Both properties include 2 fully rented retail store fronts. 5 student permitted permitted apartments and a 10 car private parking lot. This is a prime investment real estate opportunity you can't pass up. 22 S Church St contains a leased retail space with two large 3 bedroom apartments. 24 S Church St has a leased retail space with a 1 bedroom apartment and two 3 bedroom apartments along with spacious covered porches in the rear for extra outdoor amenity space. All units are fully leasedfor the next lease term with tenants paying all utilities including electric, heat, hot water, water, sewer and trash. Never a vacancy in 14 years of ownership except for short Landlord chosen renovation time periods to enhance value. Value add potential with minimal improvements and parking fees. Recent upgrades to electric and fire alarm system. Also recent conversion from oil to natural gas heating system in both properties. Don't delay! Multiple offers expected! Don't miss this unique and premier real estate investment opportunity in one of the most ideal locations for a mixed use student rental property in the Borough! For comparable sales see 513 S High St PACT2040624 and 300-302 W Barnard St PACT2020922. See also PACT2041252, PACT2041300 and PACT2041296. See also PACT2041164 and PACT2041128.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Natural Gas, None, None, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Parking Lot, Private Parking
Interior
Full Basement
Exterior
Brick Exterior
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (13 schools)
Public Middle (4 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Stetson Middle School | West Chester Area School District | 6–8 | West Chester | 2.24 mi |
| J R Fugett Middle School | West Chester Area School District | 6–8 | West Chester | 2.59 mi |
| E N Peirce Middle School | West Chester Area School District | 6–8 | West Chester | 2.8 mi |
| Pennsylvania Leadership Charter School | Pennsylvania Leadership Charter School | K–12 | West Chester | 3.4 mi |
Public High (5 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| West Chester Henderson High School | West Chester Area School District | 9–12 | West Chester | 0.75 mi |
| West Chester East High School | West Chester Area School District | 9–12 | West Chester | 2.58 mi |
| 21st Century Cyber Charter School | 21st Century Cyber Charter School | 6–12 | West Chester | 2.64 mi |
| West Chester Bayard Rustin High School | West Chester Area School District | 9–12 | West Chester | 3.05 mi |
| Pennsylvania Leadership Charter School | Pennsylvania Leadership Charter School | K–12 | West Chester | 3.4 mi |
Private (9 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| St Agnes Catholic School | Roman Catholic | Preschool–8 | West Chester | 0.16 mi |
| Ymca Kindergarten Academy | Nonsectarian | K | West Chester | 0.25 mi |
| West Chester Friends School | Friends | Preschool–5 | West Chester | 0.4 mi |
| St Maximilian Kolbe Parish School | Roman Catholic | Preschool–8 | West Chester | 2.35 mi |
| Chesterbrook Academy#15 | Nonsectarian | Preschool–5 | West Chester | 2.91 mi |
| Kindercare Learning Center | Nonsectarian | Preschool–K | West Chester | 3.28 mi |
| Ss Peter And Paul School | Roman Catholic | Preschool–8 | West Chester | 3.4 mi |
| Westtown School | Friends | Preschool–12 | West Chester | 3.5 mi |
| Kanner Learning Center | Nonsectarian | Ungraded | West Chester | 3.56 mi |
© 2023 LiveBy. All Rights Reserved.
This report is a detailed community overview for West Chester (19382), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 26
- Average salary of people in this community: $81,086
Community Summary
- Population Density (ppl / mile): 1,168
- Household Size (ppl): 2.53
- Households w/ Children: 52%
Housing Inventory
- Owned: 14,539 (68.4%)
- Rented: 5,890 (27.7%)
- Vacant: 841 (4.0%)
- Total: 21,270
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.1%
- Some High School: 1.9%
- High School Graduate: 17.0%
- Some College: 12.7%
- Associate Degree: 4.8%
- Bachelor's Degree: 35.8%
- Graduate Degree: 26.7%
Income by dollar range
Median Income: $104,232
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,213
- One Bedroom: $1,265
- Two Bedroom: $1,464
- Three Bedroom: $2,221
- Four Bedroom: $1,435
© 2023 LiveBy. All Rights Reserved.
Contact Information
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Listing Courtesy of: MAC Real Estate Services LLC , (610) 692-7010, rcmccool@comcast.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 5/29/2023.
