121 S. WALNUT ST E, West Chester, PA 19380
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121 S. WALNUT ST E, West Chester, PA 19380
121 S. WALNUT ST E, West Chester, PA 19380
121 S. WALNUT ST E, West Chester, PA 19380
121 S. WALNUT ST E, West Chester, PA 19380
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Listed by Bob Frame • Coldwell Banker Realty
$ 950,000
Est. payment /mo
Open Tue 4PM-5:30PM

121 S. WALNUT ST E West Chester, PA 19380

2,776 SqFt


Open House

Tue Sep 22, 4:00pm - 5:30pm

Sat Sep 26, 3:00pm - 4:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,776 sqft

Price per Sqft $342

MLS Listing ID PACT2135516

Style Victorian

Abv Grd Liv Area 2,776

Year Built 1890

Annual Tax Amount $4,373

Tax Year 2026

Lot Size 3,948 Sqft

Acres 0.09

Property Sub-Type Detached

Source BRIGHT

Property Description

Investors! Location. Location. Location. Income! Income! Income! Here's the Multi-Family Investment Property you've been waiting for in the Heart of West Chester Boro! This Building features approximately 2,776 s.f. of living space divided into 3 Full Apartments on the 1st, 2nd and 3rd Floors. Newly Graveled Four Car Parking Lot w/ off Street Parking Permits, Large Restored Front Porch which leads into the Main Foyer with Restored Hardwood Adorned with Large Period West Chester Photos! Copper Porch Roof. The Roof has Copper internal gutters. Large Dry Basement contains Washer and Dryer for Apt. C. First Floor is heated and cooled w/ high efficiency forced hot air heat pump. Apartment B & C heated and cooled with newer high-efficiency split unit air conditioners w/ remotes. Each apartment has its own water heater. Each apartment has its own washer and gas dryer. Each apartment has its own Gas Range. All Bathrooms are tiled. 2026 Gross Income: $60,222.00, 2026 Operating Expenses: $10,003.00; Net Operating Income: $48,413.00. (See Income and Expense Statement & 3 Year Income Statement)
Apartment A: 1st Floor Victorian Apartment features non-vented gas Franklin Fire Place/Stove in the living room; Original, and recently restored, Wood Floors. Large Living Room has operational windows restored Victorian trim and ceiling fan; East-in Kitchen is large, new and contains original cabinetry, garbage disposal, dish washer and under cabinet lighting, granite counters. Main Bedroom w/ large closet and Ceiling Fan. New Bathroom w/ tile floor and shower tub. Small 2nd Bedroom w/ closet. Private side porch. Apartment B: Large One Bedroom w/ original floors that are restored except for Kitchen w/ new high quality waterproof floor. Restored Trim. Two stained glass wall sconces and ceiling fan in the large living room. Kitchen is large, new and includes garbage disposal, dish washer, new gas range, front loading clothes washer and gas dryer. Large Refrigerator w/ ice maker. Good Size Bedroom with ceiling fan and Large Walk-In Closet w/ Window. Large Deck Overlooks alley. Apartment C. Third Floor Apartment Features One Bedroom and Full Bathroom w/ Lofted Ceilings. Kitchen has newer cabinets and appliances and a kitchen island. Heated and Cooled by 2 Energy Efficient Mini-Splits. Loft Area features 3 Sky Windows w/ Solar Powered Window Shades. Large Storage/Closet Area. Property is located in Downtown West Chester. One Block from East Market Street, and within walking distance to all Downtown Restaurants, Shops, Businesses, Government Offices, Public Parking and West Chester University. Tenants pay electric and gas. Owner pays water and sewer. (See attached Home Inspection Report and Income & Expense Statements.)

Location

State PA

County Chester

Area West Chester Boro (10301)

Zoning MULTI-FAMILY RESIDENTIAL

Rooms

Basement Daylight, Full, Full, Interior Access, Outside Entrance, Poured Concrete, Unfinished

Interior

Hot Water Electric

Heating Energy Star Heating System

Cooling Heat Pump(s)

Fireplaces Number 1

Fireplaces Type Brick

Inclusions All appliances, Historic Prints in Lobby,

Fireplace Y

Heat Source Electric

Laundry Washer In Unit, Basement, Dryer In Unit, Upper Floor, Main Floor, Lower Floor

Exterior

Garage Spaces 4.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 2776

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade

New Construction N

Schools

School District West Chester Area

Others

Tax ID 05-04 -0172.000E

Ownership Fee Simple

SqFt Source 2776

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://mls.homejab.com/property/121-s-walnut-st-west-chester-pa-19382


Bright MLS (BMLS)
Lisa OConnell

Lisa OConnell

Broker Associate

+1(540) 760-3037

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121 S. WALNUT ST E