Description
Take advantage of an opportunity to expand your rental portfolio with this income-producing duplex in Chester, PA! Featuring two separate 1-bedroom units generating a combined $1,800 per month in rental income, this property offers investors the opportunity to collect income from two units under one roof while exploring future potential to increase returns. The property also features a detached garage that has been converted for storage, providing additional space for storage needs and potential utility for the owner or tenants, subject to applicable use requirements. The real opportunity? Building cash flow and unlocking future value. With two rental units generating a combined $21,600 in annual gross rental income, this property provides an established income stream and an opportunity to evaluate rental rates, operating expenses, and long-term investment performance. The current rent is below market value, creating potential to increase monthly cash flow and improve overall investment performance. At the current rental rate, the property offers a slightly over 9% cap rate, with the potential for an even higher return as rents move toward market levels. Invest in Chester's growth potential. Home to Widener University and Subaru Park, the Philadelphia Union's soccer stadium, Chester offers convenient access to Philadelphia and the surrounding region. With established educational and entertainment destinations and ongoing revitalization efforts, the city presents opportunities for investors looking to expand their footprint in the Greater Philadelphia rental market. AVAILABLE AS PART OF A PACKAGE DEAL WITH 12 ADDITIONAL LOCAL INVESTMENT PROPERTIES! For investors looking to scale their portfolios, diversify rental income across multiple properties, or acquire several assets in one strategic transaction, this duplex is an opportunity worth exploring. Combining two rental units, existing monthly income, and additional storage space, this property offers multiple elements to consider when evaluating your next investment. INVESTORS - RUN THE NUMBERS AND EXPLORE THE POTENTIAL! Add a two-unit rental property to your portfolio, evaluate opportunities to improve income, and position yourself for potential long-term growth in Chester. Contact us today for package pricing, rental details, and information on the full portfolio. Serious investors are encouraged to inquire promptly. Package sale only.
Details
| MLS # | PADE2126466 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1941 |
| Days On Site | 12 |
| Listing Provided By | Realty Mark Associates - KOP | Marco Nunez |
Features
| SQ Feet | 1,516 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | R |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Stone, Other |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1225 |
|---|
Area Information
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| Community Name | NONE AVAILABLE |
| School District | CHESTER-UPLAND |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,600,000 low | high Med: $359,000 sqft: 1,516 low | high Med: 2,508 $ / sqft: $1,055 low | high Med: $143 On site: 12 low | high Med: 306 | |
Market Activity 19013
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Learn More About This Property
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| Community Name | NONE AVAILABLE |
| School District | CHESTER-UPLAND |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,600,000 low | high Med: $359,000 sqft: 1,516 low | high Med: 2,508 $ / sqft: $1,055 low | high Med: $143 On site: 12 low | high Med: 306 | |
 | $1,600,0002830 W 10th StChester, PA 19013 |