Patterson-Schwartz Real Estate1119 Madison Street, Chester, PA 19013-5924 $129,000
Interior Sq. Ft: 1,256
Acreage: 0.04
Age:95 years
Style:
Straight Thru
Subdivision: None Available
Design/Type:
Interior Row/Townhouse
Description
**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.
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, None, None, Hot Water - Electric, Public Water, Public Sewer, Has Laundry, Upper Floor Laundry
Garage/Parking
On Street
Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Carpet Flooring, Tile/Brick Flooring, Laminate Plank Flooring
Exterior
Crawl Space Foundation, Flat Roof, Brick Exterior, Exterior Lighting, Sidewalks, Street Lights
Lot
Fully Fenced, Black Top Road
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-593-4355
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 380-5813, marianne.dillon@compass.com
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Listing data as of 3/17/2025.
