Description
Investor's dream in chester, pa – 1121 madison street
discover the perfect investment opportunity with this charming property located at 1121 madison street in chester, pa. this tenant-occupied home has been a reliable income source for over five years, currently operating on a month-to-month lease with tenants eager to stay. with a current cap rate of 9.48% and the potential to reach 10.8% upon lease renewal, this property offers both stability and growth.
step inside to an inviting open-concept layout featuring a spacious living and dining room combo that seamlessly connects to the kitchen. the kitchen, while compact, is designed for efficiency, making meal prep a breeze. adjacent to the kitchen, you'll find a convenient first-floor laundry area and a bonus mudroom leading to the fully fenced, expansive backyard – a great space for outdoor activities and gatherings.
upstairs, the home offers three well-sized bedrooms, each providing ample closet space for tenants' needs. the full bathroom is equipped with a shower/tub combo, ensuring convenience and versatility.
additionally, the property includes a full, unfinished basement, ideal for extra storage or potential future enhancements. with a total of 1,568 square feet of living space on a 1,612 square foot lot, this property combines comfort, practicality, and investment potential.
don't miss out on this exceptional opportunity to expand your real estate portfolio with a promising asset in chester, pa. interested in expanding your rental portfolio even more? take a look at 1119 madison, right next door mls #pade2084808. also tenant occupied for immediate rental income! contact us today to explore this smart investment! property to sell in as-is condition, asking price is reflective of the condition.
Property Type
ResidentialSubdivision
None AvailableCounty
DELAWAREStyle
Straight ThruAD ID
48726619
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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: 3
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Laundry Source
- Laundry Type : Has Laundry,Main Floor,Hookup
Water/Sewer
- Water Source : Public
Interior Features
- Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Combination Dining/Living,Floor Plan - Open
- Roof : Flat
- Exterior Property Features : Street Lights,Sidewalks
- Basement Description: Full,Unfinished
Roofing Information
- Flat
Heating & Cooling
- Cooling: None
- Heating: Radiator
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Exterior Features: Street Lights,Sidewalks
- Year Built: 1930
- Structure: Interior Row/Townhouse
- New Construction: No
- Built: 1930
- Construction Material: Brick
- Roof: Flat
- Foundation/Basement: Stone
- Architecture: Straight Thru
- Pool/Private: No Pool
- Roof Type: Flat
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
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
- Stories Total: 2
- Main Square Feet: 1,742
Property Information
- SQ ft: 1,568
- SQ ft (Living Area): 1,568
- 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: 19
Lease Information
- Lease Considered: No
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,003
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $34,730
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Conventional,Cash
- Roof: Flat
Homeowners Association Information
- Direction: Between W 11th St and Upland
-
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 W 11th St and Upland
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BuyOwner last updated this listing 04/01/2025 @ 18:08
- MLS: PADE2084876
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 3 bedrooms which is for sale, it has 1,568 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.