134 W Chestnut Street, West Chester, PA 19380 - Photo 1

1/1

$1,350,000

Sold
Closed
Apartment

1/1

Property Description

Well maintained rental complex, with its OWN parking in the lot in-between 134 W. Chestnut and 132-136 W. Prescott Alley, 7 residential units plus an office space, in West Chester borough across from municipal lot 7. Almost all long term tenants with all units are leased under market. All units in kept in good sound shape by owners of over 35 years. 134 W. Chestnut is a large brick structure with (2) two bedroom apartments, (1) one bedroom apartments and a four bedroom unit presently leased as individual rooms. There is also a front office on Chestnut, not currently leased. Heat and hot water are by gas boiler and utilities for the building are not split. Roof is estimated at 10 years old 132-136 W. Prescot are a trio of townhomes each, (2) two bedrooms units, and (1) one bedroom unit. Electric is separate, as is heat for 2 of the units. Furnaces and oil tanks in the Prescott properties are newer, roofs are estimated at 13 years. All units are in sound shape, all square footages, taxes, and numbers are for W. Chestnut and the Prescott properties combined, as owner is selling all properties combined

Full Property Details

Full Property Details for 134 W Chestnut St

General

Sold For: $1,350,000
Taxes: $13,141 (2021)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PACT2030134
Added to Site: 1, 269 day(s) ago

Business

Business Type: Apartment Building

Interior

Flooring: Carpet, Ceramic Tile, Vinyl

Parking

Total Spaces: 8
Parking Features: Lighted Parking, Paved Parking, Private
Parking Type: Driveway, Parking Lot

Location

Area: West Chester Boro (10301)
Municipality: WEST CHESTER BORO
County: Chester
Cross Streets: Darlington
Driving Directions: 134 W. Chestnut is one building in from N. Darlington. the Prescott Alley properties are immediately behind W. Chestnut is across from municipal lot #7
Location Details: Downtown

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Electric
Heating Type: Hot Water, Forced Air
Heating Fuel: Oil, Natural Gas
Water Heater: Electric, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick, Masonry
Entry Floor Number: 1
Stories/Levels: 2
Year Built: 1900
Year Built Source: Assessor
Property Condition: Good

Unit Information

# Tenants: Multiple

Lot Features

Property View: Courtyard
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,007
Lot Size Source: Estimated
Lot Dimensions: 0.00 x 0.00
Lot Features: Additional Lot(s), Landscaping, Level, SideYard(s)
Zoning: COMMERCIAL
Lot Description: Additional Lot(s), Landscaping, Level, SideYard(s)

Financial Considerations

Price Per Sq. Ft.: $201.44
Assessment Year: 2022
School Tax: $8,435
City/TownTax: $2,945
City/TownTax Freq: Annually
County Tax: $1,741
County Tax Freq: Annually
Tax w/Assessment: $384,900
Tax Amount: $13,141
Tax Year: 2021
Owner Pays: Electricity, Gas, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Water
Landlord Pays: Electricity, Gas, Heat, Insurance, Repairs, Sewer, Taxes - Real Estate, Water

Disclosures and Reports

Ownership: Fee Simple
Exclusions: tenant's property
Inclusions: coin operated laundry in main building
Lot Number: 249

Listed by Long & Foster Real Estate, Inc., John E Leonard Jr.
Sold by Bennett Williams Inc., Thomas Edward Ciccarone Jr.

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Listing agent

— 134 W Chestnut St —

John E Leonard Jr.

Long & Foster Real Estate, Inc.

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Schools

Schools serving 134 W Chestnut St

School District:West Chester Area School District

Name	Grades	Distance
Sarah W Starkweather El School 1050 Wilmington Pike, West Chester, PA 19382	K-5	2.2 mi
Stetson Middle School 1060 Wilmington Pike, West Chester, PA 19382	6-8	2.4 mi
West Chester Bayard Rustin High School 1100 Shiloh Road, West Chester, PA 19382	9-12	3.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 134 W Chestnut St

Date

Details

Price

Change

Source

8/18/2023

Sold

$1,350,000

-15.62%

MLS

5/25/2023

Price Reduced

$1,600,000

-11.11%

MLS

10/28/2022

Price Reduced

$1,800,000

-10%

MLS

7/29/2022

Listed

$2,000,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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134 W Chestnut Street, West Chester, PA 19380 (MLS# PACT2030134) is a Apartment property that was sold at $1,350,000 on August 18, 2023. Want to learn more about 134 W Chestnut Street? Do you have questions about finding other Apartment real estate for sale in West Chester? You can browse all West Chester real estate or contact a Coldwell Banker agent to request more information.

134 W Chestnut St West Chester, PA 19380