Excellent opportunity for investors looking to expand their rental portfolio in Chester, PA, an area with ongoing redevelopment, established institutions, and convenient access to Philadelphia. This 3-bedroom, 1.5-bathroom property is currently tenant-occupied, generating $1,400 per month in rental income and providing immediate cash flow from day one. The current rent is below market value, creating an opportunity for future rental income growth and increased returns. With a slightly over 9% cap rate at the current rent, this property offers an attractive starting point for investors looking to maximize cash flow and improve long-term performance through strategic rent adjustments. Home to Widener University and Subaru Park, the Philadelphia Union's soccer stadium, Chester is also close to the river and benefits from established educational and entertainment destinations, ongoing revitalization efforts, and easy access to Philadelphia and the surrounding region. For investors looking toward emerging opportunities in the Greater Philadelphia area, Chester is next on the list for the savvy investors and offers potential for long-term growth and rental demand. Available exclusively as part of a package deal with 12 additional local investment properties (13 total), this opportunity is ideal for investors seeking to scale their portfolios, acquire multiple income-producing assets, and capitalize on potential rental upside across the local market. With existing rental income, below-market rent, and room to improve returns, this property presents an opportunity to build value while investing in a market with potential for continued growth. Package sale only. Property is being sold subject to the existing tenancy. Buyers should independently verify rental income, operating expenses, market rents, and projected investment returns.
| MLS # | PADE2126460 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1960 |
| Days On Site | 20 |
| Listing Provided By | Realty Mark Associates - KOP | Marco Nunez |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,216 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RES |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Brick Front, Other |
|---|---|
| Foundation Details | Brick/Mortar, Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1584 |
|---|
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| Community Name | NONE AVAILABLE |
| School District | CHESTER-UPLAND |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,600,000 low | high Med: $349,990 sqft: 1,216 low | high Med: 1,118 $ / sqft: $1,316 low | high Med: $313 On site: 20 low | high Med: 131 | |
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| Community Name | NONE AVAILABLE |
| School District | CHESTER-UPLAND |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,600,000 low | high Med: $349,990 sqft: 1,216 low | high Med: 1,118 $ / sqft: $1,316 low | high Med: $313 On site: 20 low | high Med: 131 | |
![]() | $1,600,0003350 Carter LnChester, PA 19013 |