529 Barnard StWest Chester, PA 19382
- Residential income properties
- 2,670 SF
Property Details for 529 Barnard St
- Year built
- 1900
- Property size (Sq ft)
- 2,670 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional investment opportunity presents a four-unit apartment building located at 529 E Barnard St, West Chester, Pennsylvania, 19382. The property boasts 2,670 square feet on a 3,317 square foot lot and is zoned NC2. Built in 1900, the building offers a blend of historic charm and modern amenities. Currently generating a $60,000 Net Operating Income (NOI) with a 5.00% capitalization rate, this property offers a stable income stream with an asking price of $1,200,000. The property enjoys a 100% occupancy rate and includes on-site parking for tenants. Its prime location in West Chester, Chester County, places it near the borough and benefits from participation in the Chester County Housing Choice Voucher Program. This presents a compelling opportunity for investors seeking a stable, income-producing asset in a desirable location. The property's strong performance and strategic location make it an attractive investment with significant potential for long-term growth and value appreciation.
Location Insight
- City
- West Chester
- County
- Chester
- State
- Pennsylvania
- Latitude
- 39.9621
- Longitude
- -75.5952
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].