Chester, PA 19013,2115 MADISON ST
Chester, PA 19013,2115 MADISON ST
Chester, PA 19013,2115 MADISON ST
Chester, PA 19013,2115 MADISON ST
Chester, PA 19013,2115 MADISON ST
Chester, PA 19013,2115 MADISON ST
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$175,000

$179,900

2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,505 SqFt


SOLD DATE : 06/12/2024

Key Details

Sold Price $175,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,505 sqft

Price per Sqft $116

MLS Listing ID PADE2063190

Sold Date 06/12/24

Style Traditional

Abv Grd Liv Area 1,505

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $1,700

Tax Year 2023

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 40.00 x 120.00

Property Description

Welcome to 2115 Madison Street, a modern duplex offering an incredible investment opportunity in Chester, PA. This property boasts two spacious units, with a 2-bedroom unit and a 1-bedroom unit, both currently occupied. The total square footage of this property is 1505 square feet, nestled on a generous lot spanning 4792 square feet.

Each unit within this duplex features private access, open floor plans, and in-unit laundry facilities, providing modern convenience for its residents. The property is in good condition with contemporary touches, ensuring a comfortable and stylish living environment.

As an investor's dream, the current annual rental income stands at $22,220, yielding an impressive 8.2% cap rate. With the potential for increased rents, the projected annual income could reach $28,080, resulting in an 11% cap rate. This presents an outstanding opportunity for a savvy investor to maximize returns in a rapidly growing market.

Don't miss out on the chance to own this lucrative multi-family unit with a promising future. Schedule a showing today and seize the opportunity to add this modern duplex to your investment portfolio.

Location

State PA

County Delaware

Area City Of Chester (10449)

Zoning RES

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

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 49-01-02136-00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jennifer J Rothenberger • Compass New Jersey, LLC - Moorestown
Bought with Jonathan A Unrath • Weichert, Realtors - Cornerstone

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Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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