Description
Welcome to 612 highland ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving chester, pa market. with a cap rate of 9.22%, this property promises steady rental income and long-term value appreciation. situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space.
property highlights:
two separate units:
1st floor: occupied ($1150 monthly current rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. this is a long term tenant, in good standing, who. would like to stay.
2nd floor: vacant ( market monthly rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom.
renovated units: both units feature brand-new lvp flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment.
modern kitchens: each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience.
off-street parking: tenants enjoy the convenience of off-street parking, adding value and accessibility to the property.
investment opportunity:
cap rate: 9.22%
strong rental income potential: with a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit.
low maintenance: recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment.
location:
located in chester, pa, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors.
additional features:
recent renovations: new lvp flooring, new windows, and updated kitchens throughout both units.
off-street parking: ample parking space for tenants.
turnkey investment: ready to start generating rental income immediately with minimal effort.
612 highland ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. don't miss out on this prime duplex in a high-demand rental market!
schedule your showing today!
Property Type
Multi-FamilyCounty
DELAWAREStyle
Straight ThruAD ID
48037400
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Flat,Shingle
- Basement Description: Unfinished,Outside Entrance
Roofing Information
- Flat,Shingle
Heating & Cooling
- Cooling: None
- Heating: Hot Water
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1920
- Structure: Twin/Semi-Detached
- New Construction: No
- Total Units: 2
- Built: 1920
- Construction Material: Brick
- Roof: Flat,Shingle
- Foundation/Basement: Other
- Architecture: Straight Thru
- Pool/Private: No Pool
- Roof Type: Flat,Shingle
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 3,485
- Dimensions: 23.00 x 140.00
- Lot Size (Acres): 0.08
- Architectural Style: Straight Thru
- Main Square Feet: 3,485
Property Information
- SQ ft: 2,262
- SQ ft (Living Area): 2,262
- Total Lot SQ ft: 3,485
- Financing: Cash,Conventional,FHA
- Appx. Lot Dimensions: 23.00 x 140.00
- Total Acreage: 0.08
- New Construction: No
- Type: Straight Thru
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,178
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $43,220
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street,Off Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA
- Roof: Flat,Shingle
Homeowners Association Information
- Direction: Off w 9th 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: Off w 9th st
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BuyOwner last updated this listing 12/18/2024 @ 03:05
- MLS: PADE2081124
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,262 sqft, 3,485 sized lot, and 0 parking. A comparable Other, 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 Other are nearby neighborhoods.