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.
PADE2063190
Duplex, Multi-Family, Traditional
3
DELAWARE
1920
0.11
Acres
Public
Brick
Public Sewer
1,505
Sq. Ft.
School Information
CHESTER-UPLAND
Interior Features
- Heating
- Gas Heat. .
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Brick
- Lot Dimensions
- 40.00 x 120.00
Financial Considerations
49-01-02136-00
$1,700
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