For Sale Triplex MLS# PACT2135516

121 S. WALNUT ST E

WEST CHESTER, PA 19380

$950,000

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About 121 S. WALNUT ST E

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.)

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1890
Living area
2,776 sqft
Price / sqft
$342
Lot
0.09
Original price
$950,000
MLS #
PACT2135516

Interior

Features
Heat Pump(s), true, Energy Star Heating System, Electric, Washer In Unit, Basement, Dryer In Unit, Upper Floor, Main Floor, Lower Floor, Daylight, Full, Interior access, Outside entrance, Poured concrete, Unfinished, Brick, Fireplace, Fireplaces: 1
Heating
true, Energy Star Heating System
Cooling
Heat Pump(s)
Fireplaces
1
Laundry
Washer In Unit, Basement, Dryer In Unit, Upper Floor, Main Floor, Lower Floor

Exterior & lot

Features
Victorian, Above Grade, Crushed Stone
Construction
Brick, Masonry, Stone, Stone
Foundation
Stone
Lot
MULTI-FAMILY RESIDENTIAL, 05-04 -0172.000E
Parking
Crushed Stone

Schools

District
West Chester Area School District

Utilities

Utilities
Public Sewer, Public, Electric available, Natural gas available, Sewer available, Water available, Volts 220
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, Tenants' Personal Property
Annual tax
$4,373
Tax year
2026
Parcel
05-04 -0172.000E

Location

Area
West Chester Boro (10301)
County
CHESTER-PA
Community
CHESTER-PA, BRIGHT_MAIN, WEST CHESTER AREA
Directions
121 S. Walnut Street, West Chester, PA

Location

School district
West Chester Area School District

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Listed by L. Robert Frame Jr., Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.