$129,000
**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… Read More 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. Read Less
Courtesy of Jen Rothenberger, Compass Pennsylvania, LLC [email protected]
Listing Snapshot
Days Online
35
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
1
Square Ft.
1,256
Lot Size
0.04 Acres
Year Built
1930
MLS Number
PADE2084808
30 Days Snapshot Of 19013
$146k
+15%
(avg) sold price
19
+111%
homes sold
32
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: City/County, Black Top
Appliances & Equipment
Built-In Microwave, Oven/Range - Gas, Refrigerator
Building
1,256 sqft living area, 1,256 sqft above grade (finished), Built in 1930, Structure Type: Interior Row/Townhouse, 3 floors in unit, 3 levels, Straight Thru, Brick
Cooling
None, None
Exterior Features
Exterior Lighting, Sidewalks, Street Lights
Fence
Fully
Floors
Laminate Plank, Carpet, Tile/Brick
Foundation
Crawl Space
Heating
Natural Gas, Forced Air
Interior Features
Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living
Laundry
Has Laundry, Upper Floor
Lot
1,742 sqft, Lot Size Dimensions: 16.00 x 97.00, 0.04 acres
Property
Other Structures: Above Grade, Below Grade
Roof
Flat
Sewer
Public Sewer
Taxes
City/Town Tax: $280, City/Town Tax Pymnt Freq: Annually, County Tax: $110, County Tax Pymnt Freq: Annually, School Tax: $435, Tax Annual Amount: $826, Tax Year: 2024
Utilities
Hot Water: Electric
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