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Chester,PA 19013
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,380 sqft
Price per Sqft $147
MLS Listing ID PADE2088522
Originating Board BRIGHT
Year Built 1941
Annual Tax Amount $6,675
Tax Year 2024
Lot Dimensions 68.00 x 35.00
Property Sub-Type Five Or More Units
Property Description
Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized.
Unit Breakdown:
Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade.
Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent.
Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant.
Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom.
Unit 5: Leased at $750/month
This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning C-1/R (COMMERCIAL/RESIDEN
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Chester-Upland
Others
Tax ID 49-08-00184-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard