New Listing
Description
Take advantage of an opportunity to expand your rental portfolio with this income-producing 3-bedroom, 1-bathroom property in Chester, PA! Currently rented for $1,400 per month, generating $16,800 in annual gross rental income, this property offers investors an established income stream from day one. The real opportunity? Building cash flow and unlocking future value. With an existing tenant and consistent rental income, investors can start with an income-producing asset while evaluating current market rents and opportunities to improve future returns. This property is an appealing option for investors seeking to grow their rental holdings in the Greater Philadelphia area. 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 local rental market. AVAILABLE AS PART OF A PACKAGE DEAL WITH 12 ADDITIONAL LOCAL INVESTMENT PROPERTIES (13 TOTAL)! For investors looking to scale their portfolios, increase rental holdings, or acquire multiple income-producing assets in one strategic transaction, this property is an opportunity worth exploring. Combining three bedrooms with established rental income, it offers a straightforward addition to a growing investment portfolio. 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. INVESTORS - NOW IS THE TIME TO RUN THE NUMBERS! Add an income-producing property to your portfolio, evaluate the potential for rental growth, and explore the possibilities of investing in Chester's evolving market. Contact us today for package pricing, rental information, and details on the full portfolio. Serious investors are encouraged to inquire promptly! Package sale only.
Details
| MLS # | PADE2126492 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1952 |
| Listing Provided By | Realty Mark Associates - KOP | Marco Nunez |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,188 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RES |
| Acreage | 0.06 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Block, Stone, Other |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2549 |
|---|
Area Information
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| Community Name | CHESTER HTS |
| School District | CHESTER-UPLAND |
| Listing VS Median (in CHESTER HTS) | |
Price: $1,600,000 low | high Med: $860,000 sqft: 1,188 low | high Med: 1,303 $ / sqft: $1,347 low | high Med: $716 | |
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 | CHESTER HTS |
| School District | CHESTER-UPLAND |
| Listing VS Median (in CHESTER HTS) | |
Price: $1,600,000 low | high Med: $860,000 sqft: 1,188 low | high Med: 1,303 $ / sqft: $1,347 low | high Med: $716 | |