1313 Old Wilmington Pike, West Chester, PA 19382

Property Description

Welcome to this versatile three-unit property in West Chester, offering an excellent opportunity for investors or buyers looking to occupy one unit while generating rental income from the others. Situated on a spacious, tree-lined lot, the property features three residential units, off-street parking for up to four vehicles, bicycle storage, shared laundry, and generous outdoor space. Unit 1 is currently vacant and was newly renovated in June 2026, providing an ideal opportunity for an owner-occupant or the ability to place a new tenant. This one-bedroom, two-bath unit features two private entrances, a deck, and an updated interior with new appliances, cabinetry, paint, carpeting, and bathrooms. The unit is offered at $1,800/month. Units 2 and 3 are both occupied one-bedroom, one-bath units, currently rented for $1,225/month and $1,200/month, respectively, with leases running through August 23, 2026. Each of the three units includes its own private kitchen equipped with a refrigerator, oven, and microwave. The property is serviced by one electric meter, with individual electric hydronic heating units serving the living spaces. Tenants are responsible for heat/electric and cable/internet, while the owner currently covers water, sewer, trash, lawn care, and snow removal. Additional property improvements include a roof and exterior siding approximately six years old. With two established rental units and a newly renovated vacant unit, this property offers immediate rental income along with flexibility for its next owner. Conveniently located in the West Chester area with access to shopping, dining, major roadways, and area amenities, this is a unique opportunity to add a multi-unit property to your investment portfolio or explore the benefits of owner-occupied real estate.