

**Investor's Dream in Chester, PA - Tenant-Occupied Gem with Strong Returns** Welcome to 1119 Madison Street, a smart investment opportunity with an established tenant history. This brick row home is tenant-occupied, offering flexibility with a month-to-month lease. The current tenants have called this place home for 9 years and wishes to continue their stay. Property Highlights: - Strong Investment Potential: With a current CAP rate of 8.6% and the potential for an impressive 10.7% when rented at market value, this property is an ideal addition to your portfolio. - Spacious Living: The home offers a generous 1,256 square feet of living space, featuring an open concept living and dining area that seamlessly flows into the kitchen, perfect for modern living. - Unique Layout: The second floor hosts two bedrooms and a full bathroom, along with a large laundry room for convenience. The third floor adds character with a third bedroom, complete with interesting angles and ample closet space. - Outdoor Space: Enjoy the privacy of a fully fenced backyard, a rare find for row homes in this area. This property is set on a total lot size of 1,612 square feet, providing ample space for tenants to enjoy. Don't miss out on this opportunity to own a property with strong returns and a stable tenant history. This could be paired with 1121 Madison which is also listed, MLS# PADE2084876, to further expand your investment portfolio. Contact us today to explore this investment potential further. Property to sell as-is with the asking price reflective of the condition.
PADE2084808
Townhouse, 3+ Story
3
DELAWARE
1 Full
1930
0.04
Acres
Public Water
3
Brick
Public Sewer
1,256
Sq. Ft.
NONE AVAILABLE
1,256 Sq. Ft. (approx)
School Information
CHESTER-UPLAND
Bathrooms
1
Total:1
Detailed Room Information
- Laundry
- Upper Level
- Kitchen
- Refrigerator, Gas Range, Microwave, Gas Oven
Interior Features
- Square FootageAbove (approx)
- 1,256 Sq. Ft. Above Ground. Sq. Ft. Below Ground.
- Appliances
- Gas Range, Gas Oven, Refrigerator, Microwave
- Flooring
- Laminate, Carpet
- Cooling
- None, Ceiling Fan(s)
- Heating
- Gas Heat. Forced Air.
- Plumbing
- Electric Water Heater
- Basement
- Crawl Space
- Additional Interior Features
- Ceiling Fan(s)
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Brick
- Roof
- Flat
- Pool Description
- None
- Lot Dimensions
- 16.00 x 97.00
- Zoning
- RESIDENTIAL
- Fence
- Fenced
- Additional Exterior/Lot Features
- Lighting.
Financial Considerations
$28,600
49-02-01216-00
$826
Loading...