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2115 Madison Street
Chester, PA 19013
Chester City
Chester Upland School District
Delaware County
# of Units
2
1 Bdrm Units
1
2 Bdrm Units
2
Acres
0.11
Interior SqFt
1,505
Age
104
Heating
Natural Gas
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
1,700
Additional Details Below

Description

Welcome to 2115 Madison Street, a modern duplex offering an incredible investment opportunity in Chester, PA. This property boasts two spacious units, with a 2-bedroom unit and a 1-bedroom unit, both currently occupied. The total square footage of this property is 1505 square feet, nestled on a generous lot spanning 4792 square feet Each unit within this duplex features private access, open floor plans, and in-unit laundry facilities, providing modern convenience for its residents. The property is in good condition with contemporary touches, ensuring a comfortable and stylish living environment. As an investor's dream, the current annual rental income stands at $22,220, yielding an impressive 8.2% cap rate. With the potential for increased rents, the projected annual income could reach $28,080, resulting in an 11% cap rate. This presents an outstanding opportunity for a savvy investor to maximize returns in a rapidly growing market. Don't miss out on the chance to own this lucrative multi-family unit with a promising future. Schedule a showing today and seize the opportunity to add this modern duplex to your investment portfolio.

Location

Driving Directions

Off 22nd St

Listing Details

Summary
Architectural Type

•Traditional

Interior Features
Basement

•Stone

Exterior Features
Exterior Features

•Brick

Utilities
Heating

•Radiator, Natural Gas

Hot Water

•Natural Gas

Sewer

•Public Sewer

Water

•Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Res
Lattitude : 39.864690
Longitude : -75.365810
MLS# : PADE2063190
Views : 79
Listing Courtesy: Jennifer Rothenberger of Compass New Jersey, LLC - Moorestown

Notes

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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