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.
Property Type
ResidentialSubdivision
None AvailableCounty
DELAWAREStyle
Straight ThruAD ID
48726210
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
- Master Bedroom Level: 0
- Total Bedroom (Upper): 3
- Bedroom Upper Level 1: 2
- Bedroom Upper Level 1: 1
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Laundry Source
- Laundry Type : Has Laundry,Upper Floor
Water/Sewer
- Water Source : Public
Interior Features
- Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Combination Dining/Living
- Roof : Flat
- Exterior Property Features : Exterior Lighting,Sidewalks,Street Lights
- Property Appliances: Built-In Microwave,Oven/Range - Gas,Refrigerator
Roofing Information
- Flat
Heating & Cooling
- Cooling: None
- Heating: Forced Air
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Exterior Features: Exterior Lighting,Sidewalks,Street Lights
- Year Built: 1930
- Structure: Interior Row/Townhouse
- Fencing: Fully
- Major Appliances: Built-In Microwave,Oven/Range - Gas,Refrigerator
- New Construction: No
- Total Floors: 3
- Built: 1930
- Construction Material: Brick
- Roof: Flat
- Foundation/Basement: Crawl Space
- Architecture: Straight Thru
- Pool/Private: No Pool
- Roof Type: Flat
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Fencing
- Fully
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,742
- Dimensions: 16.00 x 97.00
- Lot Size (Acres): 0.04
- Architectural Style: Straight Thru
- Main Square Feet: 1,742
Property Information
- SQ ft: 1,256
- SQ ft (Living Area): 1,256
- Total Lot SQ ft: 1,742
- Subdivision: NONE AVAILABLE
- Financing: Conventional,Cash
- Appx. Lot Dimensions: 16.00 x 97.00
- Total Acreage: 0.04
- New Construction: No
- Type: Straight Thru
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 27
Lease Information
- Lease Considered: No
-
Taxes / Assessments
Tax Information
- Annual Tax: $826
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $28,600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Conventional,Cash
- Road Surface: Black Top
- Roof: Flat
Homeowners Association Information
- Direction: Between E 10th St and Rose St
-
School, Utilities & Location Details
School Information
- School District: CHESTER-UPLAND
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Electric
Location Information
- Direction: Between E 10th St and Rose St
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BuyOwner last updated this listing 04/01/2025 @ 18:08
- MLS: PADE2084808
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 3 bedrooms which is recently sold, it has 1,256 sqft, 1,742 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Chesterfield , in zip code 19013, this DELAWARE County Home , it is in the NONE AVAILABLE Subdivision, are nearby neighborhoods.