529 Barnard StWest Chester, PA 19382

  • Residential income properties
  • 2,670 SF
For Sale
$1,200,000 View listing

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.

529 Barnard St, West Chester, Pennsylvania

Location Insight

City
West Chester
County
Chester
State
Pennsylvania
Latitude
39.9621
Longitude
-75.5952

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