Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Rare and a much sought after opportunity to own a turn key 5 unit STUDENT RENTAL in highly desirable prime location less than 3 blocks from campus with commercial and retail amenities across the street and close to downtown. All units are fully leased. Property was completely renovated to accommodate student rentals. Never a vacancy in any lease term during current 26 year ownership except for Landlord chosen renovations. Value add income potential with excellent rental increase upside due to extreme undersupply of student rental units. All utilities are separated with central air and heat. Tenant's pay all utilities including electric, heat, hot water, sewer and trash. Includes a separate coin operated laundry facility offering access to adjoining property for additional revenue. Full unfinished basement for storage and other possible additional amenities. Grandfathered yard signage in front of property with high traffic count visibility. Possible opportunity to purchase fully leased adjoining property under same ownership-315 S High St also a rare student rental zoned as 8 unit 17 person rooming house at a later date. Take advantage of an extremely strong student rental market with an ideal turnkey student rental investment property!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Multi Units, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding, Frame
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Size(acres)
0.09
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,095,000
-
Tax Amount
6881.0
-
Zoning
Multi-family student rental with attached coin op laundry
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
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Location
County
CHESTER
Elementary School
Middle School
High School
Listing Courtesy of Raymond C McCool , MAC Real Estate Services LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.

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