$830,000
SOLD NOV 14, 2024

620 S Franklin St Unit D39, A-10 AND A-11 West Chester, PA 19382

6 Beds
6 Baths
2,640 Sq Ft
$275/mo HOA Fee

Recently Sold

$314 Per Sq Ft

Highlights

  • Colonial Architecture
  • Laundry Room
  • Dining Area
  • Westtown-Thornbury Elementary School Rated A
  • Electric Baseboard Heater

About This Home

As of November 2024

ATTENTION INVESTORS! 3 townhomes, each are 2 bedroom, 1 and 1/2 bath being SOLD AS A PACKAGE. Two with SUDENT RENTAL PERMITS, the other a long term lease..
Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student  townhouse community.  Walking distance to West Chester  University. Two have STUDENT RENTAL PERMITS, the third is leased to non students.  Low taxes and low condo fee.  All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)

Last Agent to Sell the Property

Tom Kerrigan

RE/MAX Direct License #AB061697

RE/MAX Direct

Last Buyer's Agent

Dan Larson

Keller Williams Real Estate -Exton License #RS350651

Keller Williams Real Estate -Exton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1970 | Remodeled in 2022

Lot Details

  • Property is in good condition

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,640 Sq Ft Home
  • Property has 2 Levels
  • Dining Area
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-10 -0337

Community Details

Overview

  • Association fees include insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Ramsgate Subdivision

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,712

Year Built

Built in 1970 | Remodeled in 2022

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Exclusions: Tenants' air conditioners.
  • Inclusions: All appliances in as is condition. Washers, dryers, refrigerators
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-10-19
  • Year Built: 1970
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: ATTENTION INVESTORS! 3 townhomes, each are 2 bedroom, 1 and 1/2 bath being SOLD AS A PACKAGE. Two with SUDENT RENTAL PERMITS, the other a long term lease.. Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student  townhouse community.  Walking distance to West Chester  University. Two have STUDENT RENTAL PERMITS, the third is leased to non students.  Low taxes and low condo fee.  All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer, Dishwasher, Disposal, Refrigerator
  • Interior Amenities: Dining Area
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 15
  • Room List: Laundry
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2640
  • Living Area Sq Ft: 2640
  • Price Per Sq Ft: 331.44
  • Above Grade Finished Sq Ft: 2640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 620

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 275.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WEST CHESTER AREA
  • School District Key: 300200397342
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R50
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: NC2
  • Zoning Description: Neighborhood conservation 2

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 78000.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3654.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5712.00
  • Assessor Parcel Number: 01-10 -0337
  • Tax Total Finished Sq Ft: 880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/14/2024

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

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $830,000 -- $314 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: PACT2085138

Bright MLS

Pennsylvania Chester County West Chester 19382

620 S Franklin St Unit D39, A-10 AND A-11, West Chester, PA

Homes for Sale in West Chester, PA

This home is located at 620 S Franklin St Unit D39, A-10 AND A-11, West Chester, PA 19382 and is currently priced at $830,000, approximately $314 per square foot. This property was built in 1970. 620 S Franklin St Unit D39, A-10 AND A-11 is a home located in Chester County with nearby schools including Westtown-Thornbury Elementary School, Stetson Middle School, and Bayard Rustin High School.

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