$300,000
PENDING

305 S Matlack St West Chester, PA 19382

Estimated payment $1,774/month

Total Views 6,285
3 Beds
1 Bath
1,016 Sq Ft
$295 Price per Sq Ft

Highlights

  • Colonial Architecture
  • No HOA
  • 3-minute walk to John O. Green Memorial Park
  • East Goshen Elementary School Rated A
  • 90% Forced Air Heating System

About This Home

Nestled in the vibrant heart of West Chester Boro, 305 S Matlack Street offers a rare chance to secure a solid investment property with abundant off-street rear parking—a true luxury in this sought-after area. This 3-bedroom, 1-bathroom townhome is currently generating $2,700/month in rental income, with long-term tenants who have an excellent rental history and a strong desire to stay. Located within the highly-regarded West Chester School District, this property is ideal for savvy investors looking for a stable income stream and future growth potential. Don't miss this exceptional opportunity to own a gem in one of the most desirable areas of West Chester! No interior photos due to tenants privacy. Seller will allow access for showings. 24 Hour notice required due to being tenant occupied.

Listing Agent

Matt Gorham

Keller Williams Real Estate -Exton Listed on: 11/19/2024

Keller Williams Real Estate -Exton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1900

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Gravel Driveway

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0972
  • Assessor Parcel Number 01-09 -0972

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,403

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant personal property
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 11/19/2024 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in the vibrant heart of West Chester Boro, 305 S Matlack Street offers a rare chance to secure a solid investment property with abundant off-street rear parking—a true luxury in this sought-after area. This 3-bedroom, 1-bathroom townhome is currently generating $2,700/month in rental income, with long-term tenants who have an excellent rental history and a strong desire to stay. Located within the highly-regarded West Chester School District, this property is ideal for savvy investors looking for a stable income stream and future growth potential. Don't miss this exceptional opportunity to own a gem in one of the most desirable areas of West Chester! No interior photos due to tenants privacy. Seller will allow access for showings. 24 Hour notice required due to being tenant occupied.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Price Per Sq Ft: 412.09
  • Above Grade Finished Sq Ft: 728
  • Below Grade Finished Sq Ft: 288
  • Total Below Grade Sq Ft: 288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: 3rd Party

Lot Info

  • Additional Parcels: No
  • Land Use Code: R10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.05
  • Year Assessed: 2024
  • Zoning: RESIDENCIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 897.00
  • Tax Annual Amount: 1403.00
  • Assessor Parcel Number: 01-09 -0972
  • Tax Lot: 0972
  • Tax Total Finished Sq Ft: 1016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WEST CHESTER AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,403 $40,000 $27,540 $12,460
2023 $1,388 $40,000 $27,540 $12,460
2022 $1,372 $40,000 $27,540 $12,460
2021 $1,345 $40,000 $27,540 $12,460
2020 $1,320 $40,000 $27,540 $12,460
2019 $1,304 $40,000 $27,540 $12,460
2018 $1,281 $40,000 $27,540 $12,460
2017 $1,257 $40,000 $27,540 $12,460
2016 $893 $40,000 $27,540 $12,460
2015 $893 $40,000 $27,540 $12,460
2014 $893 $40,000 $27,540 $12,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $300,000 -- $295 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $145,000 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: PACT2086690

Bright MLS

APN: 01-009-0972.0000