428 Penn St , Chester, PA 19013
Chester, PA 19013
Description
Welcome to this fantastic investment opportunity in Chester, PA! This duplex offers 2 one-bedroom, one-bathroom units, generating a solid gross income of $27,960 per year, boasting a 10.47% cap rate. Both units are vacant, perfect for the savvy investor to live in one and collect rent on the other, or to rent out both and generate more income. The interior is updated and features open floor plans, along with in unit laundry for both. The property's exterior is equally appealing, with a fenced yard providing privacy and a charming front porch adding to its curb appeal. Conveniently located near Widener University and in close proximity to Philadelphia, this property presents an excellent opportunity for an investor looking to expand their portfolio in a thriving rental market. Don't miss out on this turnkey investment property in a prime location with great income potential. Please note that this property does require flood insurance. Owner pays $200 monthly for flood insurance. Schedule a showing today to explore the possibilities this duplex has to offer!
Details
| MLS# | PADE2059498 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 253 |
| Listing Provided By | Compass New Jersey, LLC - Moorestown | Jennifer J Rothenberger |
Features
| SQ Feet | 1,680 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RES |
| Acreage | 0.04 |
Market Activity 19013
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Learn More About This Property
| State | PA |
|---|---|
| County | Delaware |
| City | Chester |
| Zip Code | 19013 |
| Area | City Of Chester |
| School District | Chester-Upland |
| Listing VS Median (in 19013) | |
Price: $169,900 low | high Med: $142,000 SqFt: 1,680 low | high Med: 1,338 $ / SqFt: $101 low | high Med: $108 On Site: 253 low | high Med: 79.500000 | |