Take advantage of an opportunity to expand your rental portfolio with this income-producing duplex in Chester, PA! Featuring two separate 1-bedroom units generating a combined $1,800 per month in rental income, this property offers investors the opportunity to collect income from two units under one roof while exploring future potential to increase returns. The property also features a detached garage that has been converted for storage, providing additional space for storage needs and potential utility for the owner or tenants, subject to applicable use requirements. The real opportunity? Building cash flow and unlocking future value. With two rental units generating a combined $21,600 in annual gross rental income, this property provides an established income stream and an opportunity to evaluate rental rates, operating expenses, and long-term investment performance. The current rent is below market value, creating potential to increase monthly cash flow and improve overall investment performance. At the current rental rate, the property offers a slightly over 9% cap rate, with the potential for an even higher return as rents move toward market levels. Invest in Chester's growth potential. Home to Widener University and Subaru Park, the Philadelphia Union's soccer stadium, Chester offers convenient access to Philadelphia and the surrounding region. With established educational and entertainment destinations and ongoing revitalization efforts, the city presents opportunities for investors looking to expand their footprint in the Greater Philadelphia rental market. AVAILABLE AS PART OF A PACKAGE DEAL WITH 12 ADDITIONAL LOCAL INVESTMENT PROPERTIES! For investors looking to scale their portfolios, diversify rental income across multiple properties, or acquire several assets in one strategic transaction, this duplex is an opportunity worth exploring. Combining two rental units, existing monthly income, and additional storage space, this property offers multiple elements to consider when evaluating your next investment. INVESTORS — RUN THE NUMBERS AND EXPLORE THE POTENTIAL! Add a two-unit rental property to your portfolio, evaluate opportunities to improve income, and position yourself for potential long-term growth in Chester. Contact us today for package pricing, rental details, and information on the full portfolio. Serious investors are encouraged to inquire promptly. Package sale only.
Listed By
Agency Name: Realty Mark Associates - KOP
Agency Phone: 2153764444
Shown By
Agency Title: Lewith & Freeman
Agency Phone: (570) 288-9371
Estimated Payment
$ 9,680.00 per month $9,111.25 Principal & Interest $102.08 Property Tax $466.67 Homeowner's InsuranceSend an email with a link to
3004 W 9th Street , Chester, PA 19013.
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3004 W 9th Street , Chester, PA 19013.
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3004 W 9th Street | MLS# PADE2126466
This multi-family property located at 3004 W 9th Street , Chester, PA 19013 is currently listed for sale with an asking price of $1,600,000. W 9th Street is located within the CHESTER-UPLAND school district. Search Chester real estate on www.lewith-freeman.com today.