428 Penn Street
Chester,
PA
19013
Property Details
List Price: |
$189,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
1680 |
Agency: |
Compass |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1900 |
Notes: |
Welcome to this fantastic investment opportunity in Chester, PA! This well-maintained duplex offers two occupied one-bedroom, one-bathroom units, generating a solid gross income of $27,000 per year, boasting a 9.11% cap rate.<br />
<br />
Both units feature long-term tenants and have been updated with in-unit laundry facilities, ensuring convenience for the occupants. The property's exterior is equally appealing, with a fenced yard providing privacy and a charming front porch adding to its curb appeal.<br />
<br />
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.<br />
<br />
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! |
MlsNumber: |
PADE2059498 |
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Listing Provided By: |
Compass, original listing |
Name: |
Compass |
Office Name: |
Compass New Jersey, LLC - Moorestown |
Office Phone: |
(856) 214-2639 |
Agent Name: |
Jennifer Rothenberger |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |