428 PENN ST Active Save Request In-Person Tour Request Virtual Tour
Chester,PA 19013
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $101
MLS Listing ID PADE2059498
Style Traditional
Abv Grd Liv Area 1,680
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $928
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 17.20 x 100.00
Property Description
Updated photos after the vacated units were renovated! Welcome to this fantastic investment opportunity in Chester, PA! This duplex offers 2 one-bedroom, one-bathroom units, generating a solid gross income of $27,960 per year, boasting a 10.47% cap rate.
Both units are vacant, perfect for the savvy investor to live in one and collect rent on the other, or to rent out both and generate more income. The interior is updated and features open floor plans, along with in unit laundry for both. The property's exterior is equally appealing, with a fenced yard providing privacy and a charming front porch adding to its curb appeal.
Conveniently located near Widener University and in close proximity to Philadelphia, this property presents an excellent opportunity for an investor looking to expand their portfolio in a thriving rental market.
Don't miss out on this turnkey investment property in a prime location with great income potential. Please note that this property does require flood insurance. Owner pays $200 monthly for flood insurance. Schedule a showing today to explore the possibilities this duplex has to offer!
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning RES
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Carpet,Luxury Vinyl Plank,Tile/Brick
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Chester-Upland
Others
Tax ID 49-06-01117-00
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard