Steven Pagan
Prominent Properties Sotheby's International Realty
steven.pagan@thepagangroup.com +1(609) 631-5668UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,666 sqft
Price per Sqft $153
Subdivision Parkside
MLS Listing ID PADE2104016
Style Other
Abv Grd Liv Area 1,666
Year Built 1950
Available Date 2025-11-18
Tax Year 2019
Lot Size 5,619 Sqft
Acres 0.13
Lot Dimensions 60.00 x 87.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Exceptional investment opportunity in Chester! This legal 2-unit multifamily features two spacious 2-bedroom, 2-bathroom units, both fully occupied with reliable long-term tenants. The property generates $27,816 in annual rental income, producing a strong 10% gross cap rate at the current asking price — an excellent return for any investor seeking immediate cash flow.
Each unit offers generous bedroom sizes, full bathrooms, functional layouts, and solid rental appeal. With low annual taxes, stable tenancy, and strong rental demand in the area, this turnkey building delivers steady income from day one.
Conveniently located on a quiet residential block near I-95, I-476, public transportation, Widener University, Chester Park, and local amenities. Whether you're expanding your portfolio or searching for a high-yield asset with long-term upside, this duplex is a rare find at this price point.
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning R-20
Rooms
Basement Outside Entrance, Unfinished
Interior
Interior Features Combination Dining/Living
Hot Water Electric
Heating Baseboard - Hot Water
Cooling None
Equipment Refrigerator, Oven/Range - Gas
Fireplace N
Appliance Refrigerator, Oven/Range - Gas
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1666
Sewer Public Sewer
Water Community
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Chester-Upland
Others
Tax ID 49-01-01960-14
Ownership Fee Simple
SqFt Source 1666
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
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