Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized. Unit Breakdown: Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade. Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent. Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant. Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom. Unit 5: Leased at $750/month This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
Sold for $300,000
$300,000
1301 W 3rd St, Chester, PA 19013
11beds
--baths
2,380sqft
Multi Family
Built in 1941
-- sqft lot
$308,700 Zestimate®
$126/sqft
$1,245 Estimated rent
Home value
$308,700
$278,000 - $343,000
$1,245/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 30, 2025 at 07:34am
Listed by:
Christopher Purcell 610-316-2324,
Realty Mark Associates-CC
Bought with:
Michael Barrett, AB066990
Coldwell Banker Hearthside Realtors
Source: Bright MLS,MLS#: PADE2088994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,380
- Total interior livable area: 2,380 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,380 sqft
- Dimensions: 68.00 x 35.00
Details
- Additional structures: Above Grade
- Parcel number: 49080018400
- Zoning: C-1/R (COMMERCIAL/RESIDEN
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chester
- Municipality: CITY OF CHESTER
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2025 | Sold | $300,000-14.3%$126/sqft |
Source:  Bright MLS #PADE2088994 Report a problem | ||
| 5/31/2025 | Pending sale | $350,000$147/sqft |
Source: Bright MLS #PADE2088994 Report a problem | ||
| 5/10/2025 | Contingent | $350,000$147/sqft |
Source: Bright MLS #PADE2088994 Report a problem | ||
| 4/26/2025 | Listed for sale | $350,000+7.7%$147/sqft |
Source: Bright MLS #PADE2088994 Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,466 +2.7% | $231,010 |
| 2024 | $6,298 -2.7% | $231,010 |
| 2023 | $6,474 | $231,010 |
Find assessor info on the county website
Neighborhood: 19013
Nearby schools
GreatSchools rating
- 4/10Chester Upland School Of ArtsGrades: PK-5Distance: 0.7 mi
- 4/10STEM AT SHOWALTERGrades: 7-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Chester-upland
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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