Charming Investment Opportunity in West Chester, PA: 6-Unit Apartment Complex Discover the perfect blend of comfort and investment potential with this remarkable 6-unit apartment complex located in the heart of West Chester, PA. Consisting of two buildings, this property offers a total of six spacious and meticulously maintained units, ideal for both seasoned investors and newcomers to the real estate market. Property Features: Two Buildings: The complex comprises two separate buildings, each with its own unique charm and character. Building A: This building hosts 4 units, all generously sized with 2 bedrooms and 1 bathroom each. These units are thoughtfully designed to maximize space and natural light, offering comfortable living areas that cater to a variety of tenant needs. Each unit also features 2 assigned parking spaces. Building B: The second building features 2 units, each boasting 3 bedrooms and 1 bathroom or 1.5 baths. These larger units provide ample room for families or individuals seeking more space without compromising on location or convenience. Key Highlights: Prime Location: Situated in West Chester, PA, this property enjoys proximity to vibrant downtown amenities, renowned educational institutions, and major transportation routes, enhancing its appeal to prospective tenants. Strong Rental History: With a history of consistent occupancy and competitive rental rates, this complex represents a stable investment opportunity in a desirable rental market. Many units recently leased and brought up to market rate rent with a strong lease term. Well-Maintained: The buildings have been meticulously maintained, showcasing pride of ownership and ensuring minimal upkeep for future owners. Investment Potential: Income Generation: With six units in total, this property offers immediate income potential from day one. Expansion Opportunities: There may be potential to increase rental income through strategic upgrades or rental rate adjustments over time. Diverse Tenant Base: Appeal to a diverse range of tenants, from young professionals to families, thanks to the variety of unit sizes and configurations. Financial Snapshot: Detailed financial information available upon request, including current rental income, expenses, and potential for increased cash flow. Opportunity Knocks: Donât miss out on this exceptional opportunity to own a well-maintained 6-unit apartment complex in West Chester, PA. Whether youâre looking to diversify your investment portfolio or expand your real estate holdings, this property promises both immediate returns and long-term growth potential. Schedule your private showing today and envision the possibilities that await with this prime real estate investment. Contact us for more information and to schedule a tour of this exceptional property.
West Chester is located in Pennsylvania. West Chester, Pennsylvania has a population of 19,698. West Chester is less family-centric than the surrounding county with 29.22% of the households containing married families with children. The county average for households married with children is 37.13%.
The median household income in West Chester, Pennsylvania is $55,313. The median household income for the surrounding county is $92,417 compared to the national median of $57,652. The median age of people living in West Chester is 23.8 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 46.5 inches per year, with 26.5 inches of snow per year.
